Two-Story Office
For Sale
Contact for pricing
5902 Irvington Blvd, Houston, TX 77009
Two-story office building features a reception area, conference room, four private offices, and gated parking with 10 dedicated spaces.
Property Size2,146 SF
Price / SF$246.51
Days on Market155
Property Features for 5902 Irvington Blvd
General Information
Standard status
Active
Size
2,146 SF
Total Parking Spaces
10
Property subtype
Mixed Use, Office, Retail
Investment Type
Owner/User
Amenities
gated parking
Tesla charging station
Building Details
Stories
2
Listing Agency:
Chodrow Realty Advisors
Listed By:
Eric Rozelle · License #0551185
(832) 212-3051
Source:
Crexi
Added: May 21
Changed: Oct 3
Last Checked: Oct 20 at 9:34PM
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 Chodrow Realty Advisors
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 two-story office building offers a practical layout for professional use. Upstairs includes four private offices and a half-bath, while the downstairs level provides a spacious conference room, a welcoming reception area, a private office, a kitchen and breakroom, and a full bathroom.
The property sits on a corner lot with visibility, offering convenient access for clients and employees. Onsite parking is gated with 10 dedicated spaces, and a Tesla charging station is available.
Overall, the building is configured to support a compact office footprint with meeting space and multiple private offices within one functional structure.
The property sits on a corner lot with visibility, offering convenient access for clients and employees. Onsite parking is gated with 10 dedicated spaces, and a Tesla charging station is available.
Overall, the building is configured to support a compact office footprint with meeting space and multiple private offices within one functional structure.
Key Highlights
- Two‑story office building with reception area, conference room, and four private offices
- Downstairs includes a spacious conference room, reception area, kitchen and breakroom, plus a full bathroom
- Upstairs offers four private offices and one half‑bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,031
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$500,620
$500.6K
Cap Rate 7%
$357,586
$357.6K
Cap Rate 9%
$278,122
$278.1K
Market Conditions
NOI Build-Up for 2,146 SF
Gross rent
$46.4K $21.60/SF
− Vacancy
−$13.0K −$6.05/SF
EGI
$33.4K $15.55/SF
− OpEx
−$8.3K −$3.89/SF
NOI
$25.0K $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%
$500,620
Cap Rate 7%
$357,586
Cap Rate 9%
$278,122
Alternative Uses
Best Use
Office B
$357.6K
$312.9K – $417.2K
NOI $25,031 @ 7.0% cap · market cap 4.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$551.8K
$482.9K – $643.8K
NOI $38,628 @ 7.0% cap · market cap 7.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
554
Businesses Nearby
Explore this area
Business Placement
Demographics for 77009, TX
36,425
Population
17,890
Households
2
Avg Household Size
37
Median Age
39%
College-Educated
78%
High-School Grad
6.2 sq mi
ZIP Area
5,875
Density / Sq Mi
$81,921
Median Household Income
$49,446
Median Earnings
$1,229
Median Rent
$403,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Houston, TX
Frequently Asked Questions
What type of property is this?
Office building - Two-story office building features a reception area, conference room, four private offices, and gated parking with 10 dedicated spaces.
Where is this office building located?
The property is located at 5902 Irvington Blvd Houston, TX.
What is the asking price?
The asking price for this property is $529,000.
What are key features of this property?
This property features: Two‑story office building with reception area, conference room, and four private offices; Downstairs includes a spacious conference room, reception area, kitchen and breakroom, plus a full bathroom; Upstairs offers four private offices and one half‑bath
