Two-Story Office
5902 Irvington Blvd Houston, TX 77009
5902 Irvington Blvd, Houston, TX, 77009
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For Sale
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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 Market63
Property Features for 5902 Irvington Blvd
General Information
- Standard status
- Active
- Size
- 2,146 SF
- Property subtype
- Mixed Use, Office, Retail
Listing agency
Chodrow Realty Advisors
(832) 212-3051
Listed by
Eric Rozelle · License #0551185
Source
Crexi
Added: May 21 Updated: Jul 22 at 3:18AM Checked: Jul 22 at 3:18AM
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
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
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 | $46.4k | $21.60 |
| − Vacancy | −$13.0k | −$6.05 |
| EGI | $33.4k | $15.55 |
| − OpEx | −$8.3k | −$3.89 |
| NOI | $25.0k | $11.66 |
2,146 SF · lease $21.60/SF/yr · vacancy 28.00% · expense 25.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Jerome O. Fjeld, ...
Law Firm
The Urquhart Law Firm, ...
Law Firm
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FAQs
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
