4501 Cartwright Rd, Missouri City, TX
Three combined office condos in Colonial Lakes Office Park.
- Added:
- Feb 1, 2023
- Days on Market:
- 1233
- Last Refresh:
- May 20 at 8:48 pm
Property Features for 4501 Cartwright Rd
General Information
- Standard status
- Active
- Size
- 2,250 SF
- Lot size
- 0.16 Acres
- Property subtype
- OFFICE
Listing agent Mike Wong
Listing office Keller Williams Realty - SW (281) 265-0000
Listing date Feb 1, 2023
Source Moodyscre
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 Keller Williams Realty - SW
HighLights
- Three office condos combined, offering a larger workspace.
- Ideal for an owner/user seeking a convenient location.
- Located in the Colonial Lakes Office Park.
- Situated on Cartwright Street in Missouri City.
- Please note: Condos will not be sold separately.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $57.5k | $25.56 |
| − Vacancy | −$15.8k | −$7.00 |
| EGI | $41.8k | $18.56 |
| − OpEx | −$10.4k | −$4.64 |
| NOI | $31.3k | $13.92 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Missouri City
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.5767
- Latitude
- 29.5821
