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Research & Development Office/Lab Facility
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3700 Mangum Rd, Houston, TX 77092

R&D office/lab facility with outside floodplain status and utilities through the City of Houston.

Property Size42,075 SF
Lot Size3.19 Acres
Days on Market838

Property Features for 3700 Mangum Rd

General Information

Standard status Active
Size 42,075 SF
Lot size 3.19 Acres
Property subtype LAND
Occupancy 100%

Additional Details

Utilities to Site Yes

Building Details

Year Built 1970
Year Renovated 2020
Tenancy Single
Owner Occupied Yes
Listing Agency: CBRE, Inc.
Listed By: Barrett Von Blon · License #TX 640073
Source: Moodyscre
Added: Apr 15, 2024 Changed: Jul 29 Last Checked: Jul 30 at 2:40PM

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 CBRE, Inc.

Investment Insights

Based on property information with market context.

This research and development office/lab facility sits on a 3.19-acre site and offers 42,075 SF of R&D office/lab space. Improvements were constructed in 1970/2020, providing a mix of older and more recent development within the property. The facility features 10’-24’ clear height, and utilities are provided through the City of Houston. The property is located outside the floodplain.

The site is in a high-growth submarket of Northwest Houston and is close to Garden Oaks, The Heights, and Spring Branch. The property is currently 100% owner occupied, and the owner will vacate upon sale.

Key Highlights

  • 42,075 SF research and development office/lab facility
  • 3.19 acres of land outside the floodplain
  • 10’-24’ clear height

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage Acupuncture (Bike/Boat/Book/etc) Store Daycare Center Catering Service Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,393
Businesses Nearby

Demographics for 77092, TX

34,903
Population
16,158
Households
2.2
Avg Household Size
34
Median Age
27%
College-Educated
75%
High-School Grad
8.1 sq mi
ZIP Area
4,309
Density / Sq Mi
$56,741
Median Household Income
$34,895
Median Earnings
$1,228
Median Rent
$222,800
Median Home Value

Market

Vacancy Rate% for Office in Houston, TX

21.3% 2019
24.5% 2020
25.2% 2021
26% 2022
25.3% 2023
25.5% 2024
24.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - R&D office/lab facility with outside floodplain status and utilities through the City of Houston.
Where is this office building located?
The property is located at 3700 Mangum Rd Houston, TX.
What are key features of this property?
This property features: 42,075 SF research and development office/lab facility; 3.19 acres of land outside the floodplain; 10’-24’ clear height
(832) 563-9996 Call to check price and availability
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