Turnkey Office Suite with
For Sale
$315,000
25329 Budde #604, Spring, TX 77380
Turnkey office space with multiple offices, built-in storage, and privacy-focused window upgrades for immediate occupancy.
Property Size1,200 SF
Price / SF$262.50
Days on Market50
Property Features for 25329 Budde #604
General Information
Standard status
Active
Size
1,200 SF
Class
B
Property subtype
Office
Building Details
Building Size
1,200 SF
Year Built
2014
Listing Agency:
EXP REALTY, LLC
(713) 614-2670
Listed By:
Adam Olsen, CCIM · License #TX #0642075
Source:
Thecommercialprofessionals
Added: Jun 24
Changed: Aug 8
Last Checked: Aug 12 at 3:33AM
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 EXP REALTY, LLC
Investment Insights
Based on property information with market context.
This turnkey office suite is designed around an efficient, comfortable workflow and includes three offices, along with a workroom and kitchen area. The layout features built-in cabinetry in the workroom and kitchen, including a convenient drop-down table, and an additional sleek black wall unit in one office to support extra storage. Fronting the space are upgraded double doors with Low-E, tempered, tinted glass, complemented by full window tinting on the remaining windows to support privacy and energy efficiency. A side-by-side Frigidaire refrigerator is also included, adding to the readiness for day-to-day operations.
The unit is accessed through the upgraded front double doors and includes window blinds throughout. While the suite is configured as three offices today, one of the offices could potentially be divided into additional smaller rooms, allowing for a possible four- to five-office configuration depending on tenant needs.
For an owner-occupant or business buyer, the combination of built-in workroom/kitchen improvements, privacy-focused glazing, and included major kitchen appliance supports a quick move-in without additional buildout. The flexible office count also allows the suite to adapt to teams that need more rooms for staff, meeting space, or private work areas.
The unit is accessed through the upgraded front double doors and includes window blinds throughout. While the suite is configured as three offices today, one of the offices could potentially be divided into additional smaller rooms, allowing for a possible four- to five-office configuration depending on tenant needs.
For an owner-occupant or business buyer, the combination of built-in workroom/kitchen improvements, privacy-focused glazing, and included major kitchen appliance supports a quick move-in without additional buildout. The flexible office count also allows the suite to adapt to teams that need more rooms for staff, meeting space, or private work areas.
Key Highlights
- Built in 2014, turnkey office space totaling 1,200 SF
- Includes 3 offices, with space that could be divided into 2 or possibly 3 additional office spaces
- Front double doors upgraded with new Low‑E tempered tinted glass
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,068
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.47%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$281,360
$281.4K
Cap Rate 7%
$200,971
$201.0K
Cap Rate 9%
$156,311
$156.3K
Market Conditions
NOI Build-Up for 1,200 SF
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.
Gross rent
$24.0K $20.04/SF
− Vacancy
−$5.3K −$4.41/SF
EGI
$18.8K $15.63/SF
− OpEx
−$4.7K −$3.91/SF
NOI
$14.1K $11.72/SF
Area
Montgomery County, TX
Vacancy
22.00%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$281,360
Cap Rate 7%
$200,971
Cap Rate 9%
$156,311
Alternative Uses
Best Use
Office B
$201.0K
$175.9K – $234.5K
NOI $14,068 @ 7.0% cap · market cap 4.47%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$302.9K
$265.1K – $353.4K
NOI $21,206 @ 7.0% cap · market cap 6.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,634
Businesses Nearby
Explore this area
Business Placement
Demographics for 77380, TX
27,651
Population
16,232
Households
1.7
Avg Household Size
37
Median Age
52%
College-Educated
97%
High-School Grad
12.4 sq mi
ZIP Area
2,230
Density / Sq Mi
$84,468
Median Household Income
$51,286
Median Earnings
$1,607
Median Rent
$343,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Turnkey office space with multiple offices, built-in storage, and privacy-focused window upgrades for immediate occupancy.
Where is this office units located?
The property is located at 25329 Budde #604 Spring, TX.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Built in 2014, turnkey office space totaling 1,200 SF; Includes 3 offices, with space that could be divided into 2 or possibly 3 additional office spaces; Front double doors upgraded with new Low‑E tempered tinted glass
