Brownstone Office Condominiums For
For Sale
Contact for pricing
25511 Budde Rd Building #33, The Woodlands, TX 77380
Two finished office suites in a secure, gated professional complex.
Property Size2,250 SF
Price / SF$266.62
Days on Market1182
Property Features for 25511 Budde Rd Building #33
General Information
Standard status
Active
Size
2,250 SF
Class
B
Property subtype
Office
Building Details
Tenancy
Single
Listing Agency:
Blavesco Ltd
Listed By:
Heather Carlile · License #TX 0443914
(936) 672-7671
Source:
Crexi
Added: Jun 12, 2023
Changed: Sep 3
Last Checked: Sep 1 at 9:52PM
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 Blavesco Ltd
Investment Insights
Based on property information with market context.
Located in the Woodlands/Conroe business corridor, Units 3301 & 3302 in the Brownstone Office Condominiums offer an opportunity to purchase two finished office suites. Situated within a secure, gated professional complex, these units are designed for small businesses, medical, creative, or professional service users. The units feature high-end interior finishes, functional layouts, and ample surface parking for staff and clients. Each unit combines modern design with upgraded trim, elegant lighting, private offices, reception, conference space, and generous storage. The Brownstone community is known for its clean aesthetic, quiet environment, and well-maintained shared areas. The property has a total size of 2250 square feet. These units offer long-term value for end-users seeking a permanent business home or investors looking for a low-maintenance asset.
Key Highlights
- Two Adjoining Units (3301 & 3302) in a Secure, Gated Professional Complex
- Prime Woodlands/Conroe Business Corridor Location
- High‑End Interior Finishes and Functional Layouts
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
$36,776
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
6.13%
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%
$735,520
$735.5K
Cap Rate 7%
$525,371
$525.4K
Cap Rate 9%
$408,622
$408.6K
Market Conditions
NOI Build-Up for 2,250 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
$68.6K $30.48/SF
− Vacancy
−$19.5K −$8.69/SF
EGI
$49.0K $21.79/SF
− OpEx
−$12.3K −$5.45/SF
NOI
$36.8K $16.34/SF
Area
The Woodlands, TX
Vacancy
28.50%
Lease Rate
$30.48 /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%
$735,520
Cap Rate 7%
$525,371
Cap Rate 9%
$408,622
Alternative Uses
Best Use
Office B
$525.4K
$459.7K – $612.9K
NOI $36,776 @ 7.0% cap · market cap 6.13%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$694.3K
$607.5K – $810.0K
NOI $48,600 @ 7.0% cap · market cap 8.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,637
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 - Two finished office suites in a secure, gated professional complex.
Where is this office units located?
The property is located at 25511 Budde Rd Building #33 The Woodlands, TX.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Two Adjoining Units (3301 & 3302) in a Secure, Gated Professional Complex; Prime Woodlands/Conroe Business Corridor Location; High‑End Interior Finishes and Functional Layouts
