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    Office Space for Rent Title is generated by Realmo AI

    208 N Bonham Ave, Cleveland, TX

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    Office space available for rent, offering one-month free incentive.

    Type:OFFICE
    Property size:
    2,286 SF
    Lot size:
    0.33 Acres
    Price / SF:
    $174/SF
    Added:
    Jun 12, 2024
    Days on Market:
    727
    Last Refresh:
    May 20 at 8:45 pm

    Property Features for 208 N Bonham Ave

    General Information

    Standard status
    Active
    Size
    2,286 SF
    Lot size
    0.33 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Phillip Darryl Cameron

    Listing agent Phillip Darryl Cameron

    Listing office Cameron Real Estate

    Listing date Jun 12, 2024

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Cameron Real Estate

    HighLights

    • One‑month free incentive offered by the landlord.

    Overview

    This office space, located at 208 N Bonham Ave in Cleveland, TX, offers 2,286 square feet of space. The landlord is offering a one-month free incentive.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $58.4k $25.56
    − Vacancy −$16.0k −$7.00
    EGI $42.4k $18.56
    − OpEx −$10.6k −$4.64
    NOI $31.8k $13.92
    2,286 SF · lease $25.56/SF/yr · vacancy 27.40% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $454.5K
    $397.7K – $530.3K (±1% cap)
    NOI $31,815 @ 7.0% cap · market cap 7.96%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Multifamily LT 5
    $25.63M
    $22.43M – $29.90M (±1% cap)
    NOI $1,794,061 @ 7.0% cap · market cap 448.63%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    PULSE CLEVELAND MULTI-SPECIALTY Physician Tri County Pharmacy Pharmacy Mary Mckinney Pharmacy Pulse Cleveland | Cardiology ... Medical Clinic

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Liberty
    State
    Texas
    Longitude
    -95.0881
    Latitude
    30.3391

    FAQs

    What type of property is this?
    Office units - Office space available for rent, offering one-month free incentive.
    Where is this office units located?
    The property is located at 208 N Bonham Ave Cleveland, TX.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: One‑month free incentive offered by the landlord.
    (281) 622-7447 Call to check price and availability
    More about this property
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