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Air-Conditioned Flex Building
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630 KENTUCKY ST, South Houston, TX 77587

Commercial flex property combining private offices with an open work and production area.

Property Size4,000 SF
Price / SF$124.98
Days on Market54

Property Features for 630 KENTUCKY ST

General Information

Standard status Active
Size 4,000 SF
Class C
Total Parking Spaces 25
Property subtype Office, Mixed Use, Special Purpose
Zoning Commercial
Investment Type Owner/User

Building Details

Year Built 1979
Buildings 1
Stories 1
Units 1
Listing Agency: Ramos Realty Group
Listed By: Juan Ramos · License #Texas 9016824
Source: Crexi
Added: Aug 25 Changed: Oct 6 Last Checked: Oct 16 at 9:05AM

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 Ramos Realty Group

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Investment Insights

Based on property information with market context.

This 4,000-square-foot flex building combines fully air-conditioned office and work areas within a durable metal structure. The interior includes multiple private offices, reception areas, a kitchen, three bathrooms, storage and vault space, multiple entrances, and a large open area previously used for production. Approximately 8-foot ceilings support the existing configuration, while concrete loading and access areas extend the functional workspace outside. A covered canopy provides additional sheltered space, and the fenced area adds controlled exterior utility.

Located at 630 Kentucky Street in South Houston, the property offers access to I-45, with routes toward Downtown Houston, major employment centers, Galveston, and the Gulf Coast. The building’s existing office, production, storage, and exterior features support a range of commercial operations without relying on a single interior format.

Key Highlights

  • 4,000‑square‑foot commercial flex building
  • Entire building is air‑conditioned
  • Large open work and production area with multiple private offices

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,299
Cap Rate
6.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$685,980 $686.0K
Cap Rate 7%
$489,986 $490.0K
Cap Rate 9%
$381,100 $381.1K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$52.8K $13.20/SF
− Vacancy
−$3.8K −$0.95/SF
EGI
$49.0K $12.25/SF
− OpEx
−$14.7K −$3.67/SF
NOI
$34.3K $8.57/SF
Area
Harris County, TX
Vacancy
7.20%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$685,980
Cap Rate 7%
$489,986
Cap Rate 9%
$381,100

Alternative Uses

Best Use
Industrial
$490.0K
$428.7K – $571.7K (±1% cap)
NOI $34,299 @ 7.0% cap · market cap 6.86%
Second Best
Flex RnD
$271.5K
$237.5K – $316.7K (±1% cap)
NOI $19,002 @ 7.0% cap · market cap 3.80%
Theoretical Best
Office A
$1.09M
$955.7K – $1.27M (±1% cap)
NOI $76,454 @ 7.0% cap · market cap 15.29%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Dental Office Pharmacy Cafe & Coffee Shop

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

Location Intelligence

Trade Area within ½ mile

836
Businesses Nearby
Under-served
Demand for This Use

Demographics for 77587, TX

16,179
Population
5,549
Households
2.9
Avg Household Size
32
Median Age
9%
College-Educated
60%
High-School Grad
3.1 sq mi
ZIP Area
5,219
Density / Sq Mi
$52,407
Median Household Income
$30,669
Median Earnings
$1,174
Median Rent
$177,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Commercial flex property combining private offices with an open work and production area.
Where is this flex space located?
The property is located at 630 KENTUCKY ST South Houston, TX.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 4,000‑square‑foot commercial flex building; Entire building is air‑conditioned; Large open work and production area with multiple private offices
(713) 480-2440 Call to check price and availability
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