Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Renovated Office Building For Lease Title is generated by Realmo AI

    25227 Grogans Mill Rd, The Woodlands, TX 77380

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Two-story office building with renovated lobby, roof, and restrooms.

    Type:Office
    Added:
    Mar 21, 2023
    Days on Market:
    1173
    Last Refresh:
    May 12 at 9:05 pm

    Property Features for 25227 Grogans Mill Rd

    General Information

    Standard status
    Active
    Property subtype
    Office

    Spaces For Lease

    at 25227 Grogans Mill Rd Contact us

    Suite 230 $24/Mo

    Size
    2,746 SF
    Type
    Office
    Contact us

    We can help!

    Listing Contact
    Ayman Nasser

    Listing agent Ayman Nasser License #TX

    Listing office Z Group Real Estate

    Listing date Mar 21, 2023

    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 Z Group Real Estate

    HighLights

    • Renovated in 2015 with new lobby, roof, and restrooms.
    • Benefit from on‑site management and engineers.
    • Minutes from I‑45 North Fwy.
    • Close proximity to restaurants, retail, and hotels.
    • After‑hours card key access.
    • Connected to the same complex as Amerigo’s Grille.

    Overview

    The Airgas Building is a two-story, multi-tenant Class B office building that was renovated in 2015. Renovations included a new lobby, roof, and restrooms. The building features on-site management and engineers, as well as after-hours card key access. It is located minutes from I-45 North Freeway and in close proximity to restaurants, retail options, and hotels. The building is connected to the same complex as Amerigo’s Grille, offering convenient dining options.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    The Woodlands
    County
    Harris
    State
    Texas
    Longitude
    -95.458119
    Latitude
    30.129443

    Nearby Similar for Lease

    • Sponsored
      $129-$4,976/Mo
      11-1,292 SF

      Timberloch Place

      2002 Timberloch Pl, Unit 200, The Woodlands, TX 77380
      View Details
    • $129-$6,656/Mo
      11-1,292 SF

      Hughes Landing

      1790 Hughes Landing Blvd, Unit 400, The Woodlands, TX 77380
      View Details
    • $129-$5,626/Mo
      11-1,292 SF

      Waterway

      21 Waterway Ave, Unit 300, The Woodlands, TX 77380
      View Details
    • $129-$5,231/Mo
      11-1,292 SF

      Market Street

      9595 Level 2, Unit 8210, The Woodlands, TX 77380
      View Details
    • Contact for pricing

      TX, The Woodlands - 1725 Hughes Landing Blvd.

      1725 Hughes Landing Blvd, The Woodlands, TX 77380
      View Details
    • $50 SF/Yr
      2,294 SF

      The Woodlands Office Space Available

      Office space available for lease in The Woodlands, Texas.
      9595 Six Pines Drive, The Woodlands, TX
      View Details
    • Contact for pricing
      11,353 SF

      Hughes Landing Office Space Available

      Office space available for lease in The Woodlands, Texas.
      1770 Hughes Landing Blvd, The Woodlands, TX 77380
      View Details
    • $32 SF/Yr
      3,514 SF

      Retail Space in The Woodlands

      Retail space available for lease in The Woodlands, Texas.
      3776 FM 1488, The Woodlands, TX
      View Details
    • Contact for pricing
      14,876 SF

      Rear-Loaded Flex Space with Docks

      Flex space with office and retail options, rear load access, and dock-high capability with 18-foot clear height.
      2407 Timberloch Place, The Woodlands, TX 77380
      View Details
    • $19 SF/Yr
      100 SF

      Office Space For Lease

      Office spaces available for lease, ranging from 1,210 to 26,826 SF.
      10077 Grogans Mill Road | The Woodlands, TX 77380, TX 77380
      View Details
    • Contact for pricing
      29,937 SF

      Medical/Office Space For Lease

      Medical/Office spaces available near I-45 and Lone Star College.
      3117 College Park Dr, The Woodlands, TX 77384
      View Details
    • $20 SF/Yr
      20,000 SF

      Retail Space in The Woodlands

      20000 SF retail space available for lease.
      525 Sawdust Rd, The Woodlands, TX
      View Details

    FAQs

    What type of property is this?
    Office building - Two-story office building with renovated lobby, roof, and restrooms.
    Where is this office building located?
    The property is located at 25227 Grogans Mill Rd The Woodlands, TX.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: Renovated in 2015 with **new lobby, roof, and restrooms**.; Benefit from **on‑site management and engineers**.; Minutes from I‑45 North Fwy.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Ayman Nasser
    Real Estate License ID: TX
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    25227 Grogans Mill Rd, The Woodlands, TX 77380
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!