Value-Add Office Building
For Sale
Contact for pricing
3027 Marina Bay Dr, League City, TX 77573
Class B office building with value-add potential in Clear Lake.
Property Size57,939 SF
Days on Market157
Property Features for 3027 Marina Bay Dr
General Information
Standard status
Active
Size
57,939 SF
Class
B
Property subtype
Office
Zoning
CO - Office Commercial
Occupancy
66%
Lease Type
Gross
Investment Type
Value Add
Building Details
Year Built
1985
Year Renovated
2000
Stories
3
Tenancy
Multi
Listing Agency:
Zann Commercial Brokerage, Inc.
(281) 280-8088
Listed By:
Jason Kieschnick · License #TX 512911
Source:
Crexi
Added: Mar 8
Changed: Aug 8
Last Checked: Aug 10 at 7:54AM
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 Zann Commercial Brokerage, Inc.
Investment Insights
Based on property information with market context.
One Harbour Square presents a value-add investment opportunity, offering a solid capitalization rate at the building’s current occupancy. The property has the potential for a double-digit return once it achieves an occupancy rate higher than 80%. This Class B, atrium-style professional office building is located in the Clear Lake market and has historically maintained an occupancy rate comparable to other buildings in the area. The 57,939-square-foot building provides tenants with upscale finishes, prominent signage opportunities, an abundance of parking, and access to heavily traveled roadways and attractions.
Key Highlights
- Value‑add investment opportunity priced below replacement cost
- Potential for double‑digit return with increased occupancy
- Solid cap rate at current occupancy levels
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,003
Businesses Nearby
Explore this area
Business Placement
Demographics for 77573, TX
95,256
Population
37,188
Households
2.6
Avg Household Size
37
Median Age
49%
College-Educated
96%
High-School Grad
29.8 sq mi
ZIP Area
3,197
Density / Sq Mi
$122,783
Median Household Income
$67,441
Median Earnings
$1,647
Median Rent
$342,000
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 building - Class B office building with value-add potential in Clear Lake.
Where is this office building located?
The property is located at 3027 Marina Bay Dr League City, TX.
What are key features of this property?
This property features: Value‑add investment opportunity priced below replacement cost; Potential for double‑digit return with increased occupancy; Solid cap rate at current occupancy levels
