Vacant Office
For Sale
Contact for pricing
225 Benmar Drive, Houston, TX 77060
Commercial building near the I-45 and Beltway 8 interchange with prior daycare use and access to North Houston employment areas.
Property Size5,420 SF
Price / SF$260.15
Days on Market52
Property Features for 225 Benmar Drive
General Information
Standard status
Active
Size
5,420 SF
Property subtype
Office, Special Purpose
Additional Details
Highway Access
Yes
Building Details
Year Built
1989
Buildings
1
Building Size
5,420 SF
Listing Agency:
Partners
Listed By:
Peyton Nichols · License #810672
Source:
Crexi
Added: Sep 1
Changed: Oct 16
Last Checked: Oct 20 at 6:58PM
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 Partners
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Investment Insights
Based on property information with market context.
This 5,420-square-foot office building in Houston was constructed in 1989 and is currently vacant. The property previously operated as a daycare center, providing a documented foundation for childcare, educational, medical, or community-oriented occupancy. Its commercial building format supports a range of office and specialty-use requirements.
The property is positioned near the I-45 and Beltway 8 interchange, with George Bush Intercontinental Airport located within a few miles. It is situated in the Greenspoint/North Belt submarket of North Houston, an area described as serving both commuter and resident demand. The location also places the building within a market that has expanded beyond traditional office activity to include industrial, distribution, manufacturing, and logistics uses.
The property is positioned near the I-45 and Beltway 8 interchange, with George Bush Intercontinental Airport located within a few miles. It is situated in the Greenspoint/North Belt submarket of North Houston, an area described as serving both commuter and resident demand. The location also places the building within a market that has expanded beyond traditional office activity to include industrial, distribution, manufacturing, and logistics uses.
Key Highlights
- 5,420‑square‑foot commercial building
- Constructed in 1989
- Currently vacant and available for occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,219
Cap Rate
4.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,264,380
$1.3M
Cap Rate 7%
$903,129
$903.1K
Cap Rate 9%
$702,433
$702.4K
Market Conditions
NOI Build-Up for 5,420 SF
Gross rent
$117.1K $21.60/SF
− Vacancy
−$32.8K −$6.05/SF
EGI
$84.3K $15.55/SF
− OpEx
−$21.1K −$3.89/SF
NOI
$63.2K $11.66/SF
Area
Houston, TX
Vacancy
28.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,264,380
Cap Rate 7%
$903,129
Cap Rate 9%
$702,433
Alternative Uses
Best Use
Office B
$903.1K
$790.2K – $1.05M
NOI $63,219 @ 7.0% cap · market cap 4.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.39M
$1.22M – $1.63M
NOI $97,560 @ 7.0% cap · market cap 6.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,927
Businesses Nearby
Explore this area
Business Placement
Demographics for 77060, TX
42,707
Population
16,660
Households
2.6
Avg Household Size
29
Median Age
7%
College-Educated
55%
High-School Grad
8.1 sq mi
ZIP Area
5,272
Density / Sq Mi
$37,843
Median Household Income
$26,278
Median Earnings
$1,024
Median Rent
$144,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Houston, TX
Frequently Asked Questions
What type of property is this?
Office building - Commercial building near the I-45 and Beltway 8 interchange with prior daycare use and access to North Houston employment areas.
Where is this office building located?
The property is located at 225 Benmar Drive Houston, TX.
What is the asking price?
The asking price for this property is $1,410,000.
What are key features of this property?
This property features: 5,420‑square‑foot commercial building; Constructed in 1989; Currently vacant and available for occupancy
