218 W NASA RD 1 Webster, TX 77598
Adaptable building suitable for medical, office, flex, or industrial use.
- Added:
- May 13, 2026
- Days on Market:
- 62
- Last Refresh:
- Jul 5 at 3:24 am
Property Features for 218 W NASA RD 1
General Information
- Standard status
- Active
- Size
- 19,182 SF
- Property subtype
- Office
Building Details
- Year Built
- 1983
Listing office Oxford Partners (713) 577-1716
Listing date May 13, 2026
Source Crexi
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 Oxford Partners
Investment Insights
Based on property information with market context.
Key Highlights
- Versatile building suitable for medical, biotech/lab, general office, and flex users.
- Existing medical space (3,316 SF) provides immediate income potential.
- Significant unfinished space (+/- 4,812 SF) offers customization or subdivision opportunities.
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 | $442.0k | $23.04 |
| − Vacancy | −$107.0k | −$5.58 |
| EGI | $335.0k | $17.46 |
| − OpEx | −$83.8k | −$4.37 |
| NOI | $251.3k | $13.10 |
Alternative Uses
Property Analytics
Current Use by Public Records
Similar For Sale Nearby
Similar Off Market Nearby
- Neighborhood Veterinary Centers — Webster, TX 77598
- UrgentVet — 931 W Bay Area Blvd, Webster, TX 77598
- Neighborhood Veterinary Centers - NASA — 16902 State Hwy 3, Webster, TX 77598