Office Unit with Spec
3315 Marquart St, Houston, TX 77027
For Sale
New
Contact for pricing
An on-site property manager serves a boutique office setting near restaurants, coffee shops, fitness facilities, and hotels.
Property Size10,000 SF
Days on Market2
Property Features for 3315 Marquart St
General Information
Standard status
Size
Class
Property subtype
Lease Term
Site & Location
Neighborhood
Highway Access
Additional Details
Property Use
Building Details
Building Size
Properties For Sale
at 3315 Marquart St Contact usSuite 200
Size
2,381 SF
Type
Office Building
Term
Negotiable
Suite 250
Size
1,486 SF
Type
Office Building
Term
Negotiable
Listing Agency:
Moody Rambin
Listed By:
Kurt Kistler · License TX #440443
(713) 773-5590
Source:
Moodyrambin
Added: Nov 12
Last Checked: Nov 12 at 2:24PM
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 Moody Rambin
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office property offers a spec suite in a boutique setting, with a property manager on site. Restaurants, coffee shops, a fitness facility, and hotels are located within 1/2 mile of the building.
The property is in Houston’s Greenway Plaza submarket, near U.S. Highway 59, also known as the Southwest Freeway. Access to I-45, Loop 610, the Westpark Tollway, and I-10 connects the area with the Galleria, River Oaks, West University, the Texas Medical Center, the Museum District, Midtown, and Downtown Houston. The 610 Loop, Central Business District, and Galleria are also described as minutes away.
The property is in Houston’s Greenway Plaza submarket, near U.S. Highway 59, also known as the Southwest Freeway. Access to I-45, Loop 610, the Westpark Tollway, and I-10 connects the area with the Galleria, River Oaks, West University, the Texas Medical Center, the Museum District, Midtown, and Downtown Houston. The 610 Loop, Central Business District, and Galleria are also described as minutes away.
Key Highlights
- Spec suite available
- On‑site property manager
- Restaurants, coffee shops, a fitness facility, and hotels within 1/2 mile
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$116,640
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,332,800
$2.3M
Cap Rate 7%
$1,666,286
$1.7M
Cap Rate 9%
$1,296,000
$1.3M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$216.0K $21.60/SF
− Vacancy
−$60.5K −$6.05/SF
EGI
$155.5K $15.55/SF
− OpEx
−$38.9K −$3.89/SF
NOI
$116.6K $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%
$2,332,800
Cap Rate 7%
$1,666,286
Cap Rate 9%
$1,296,000
Alternative Uses
Best Use
Office B
$1.67M
$1.46M – $1.94M
NOI $116,640 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.57M
$2.25M – $3.00M
NOI $180,000 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
4,910
Businesses Nearby
Explore this area
Business Placement
Demographics for 77027, TX
18,987
Population
13,286
Households
1.4
Avg Household Size
37
Median Age
74%
College-Educated
98%
High-School Grad
2.7 sq mi
ZIP Area
7,032
Density / Sq Mi
$102,861
Median Household Income
$77,999
Median Earnings
$1,840
Median Rent
$881,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Office Units in Houston
Vacancy Rate% for Office in Houston, TX
Frequently Asked Questions
What type of property is this?
Office unit - An on-site property manager serves a boutique office setting near restaurants, coffee shops, fitness facilities, and hotels.
Where is this office unit located?
The property is located at 3315 Marquart St Houston, TX.
What are key features of this property?
This property features: Spec suite available; On‑site property manager; Restaurants, coffee shops, a fitness facility, and hotels within 1/2 mile
