Live-Work
For Sale
Contact for pricing
5010-5012 Nolda St, Houston, TX 77007
Commercial property designed for integrated living and working use in Houston.
Property Size5,760 SF
Price / SF$390.63
Days on Market49
Property Features for 5010-5012 Nolda St
General Information
Standard status
Active
Size
5,760 SF
Property subtype
OFFICE
Site & Location
Neighborhood
Washington Avenue Coalition / Memorial Park
Listing Agency:
CBRE, Inc.
(713) 577-1600
Listed By:
Jazz Hamilton · License #0579140
(713) 577-1805
Source:
Moodyscre
Added: Sep 11
Changed: Oct 25
Last Checked: Oct 28 at 11:28AM
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 5,760-square-foot live-work property combines residential and commercial functionality within one asset. The property is located at 5010-5012 Nolda St in Houston, Texas 77007, providing a defined address for an owner-user or operator seeking an integrated live-and-work setting.
Key Highlights
- 5,760‑square‑foot live‑work property
- Located at 5010‑5012 Nolda St, Houston, TX 77007
- Combines residential and commercial functionality
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,032
Cap Rate
3.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,520,640
$1.5M
Cap Rate 7%
$1,086,171
$1.1M
Cap Rate 9%
$844,800
$844.8K
Market Conditions
NOI Build-Up for 5,760 SF
Gross rent
$138.2K $24.00/SF
− Vacancy
−$16.6K −$2.88/SF
EGI
$121.7K $21.12/SF
− OpEx
−$45.6K −$7.92/SF
NOI
$76.0K $13.20/SF
Area
Houston, TX
Vacancy
12.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,520,640
Cap Rate 7%
$1,086,171
Cap Rate 9%
$844,800
Alternative Uses
Best Use
Mixed Use
$1.09M
$950.4K – $1.27M
NOI $76,032 @ 7.0% cap · market cap 3.38%
Second Best
Office B
$959.8K
$839.8K – $1.12M
NOI $67,185 @ 7.0% cap · market cap 2.99%
Theoretical Best
Office A
$1.48M
$1.30M – $1.73M
NOI $103,680 @ 7.0% cap · market cap 4.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,778
Businesses Nearby
Explore this area
Business Placement
Demographics for 77007, TX
42,908
Population
26,281
Households
1.6
Avg Household Size
34
Median Age
80%
College-Educated
99%
High-School Grad
7.5 sq mi
ZIP Area
5,721
Density / Sq Mi
$140,878
Median Household Income
$92,408
Median Earnings
$1,951
Median Rent
$501,300
Median Home Value
Market
Vacancy Rate% for Office in Houston, TX
Frequently Asked Questions
What type of property is this?
Live-work space - Commercial property designed for integrated living and working use in Houston.
Where is this live-work space located?
The property is located at 5010-5012 Nolda St Houston, TX.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 5,760‑square‑foot live‑work property; Located at 5010‑5012 Nolda St, Houston, TX 77007; Combines residential and commercial functionality
