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Greater Heights Area Commercial Building
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777 W 23rd St, Houston, TX 77008

Commercial building in the heart of the Greater Heights area.

Property Size8,400 SF
Price / SF$571.43
Days on Market699

Property Features for 777 W 23rd St

General Information

Standard status Active
Size 8,400 SF
Property subtype Hospitality, Office, Retail, Special Purpose

Building Details

Year Built 1996
Year Renovated 2015
Buildings 1
Stories 1
Listing Agency: Waterman Steele Real Estate Advisors
Listed By: Lindsay Erickson · License #689886
Source: Crexi
Added: Oct 1, 2024 Changed: Aug 8 Last Checked: Aug 29 at 8:14AM

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 Waterman Steele Real Estate Advisors

Investment Insights

Based on property information with market context.

Located in the inner-loop area, this 8,400-square-foot commercial building is situated in the Greater Heights area. The location benefits from recent retail and residential growth in the city. Improvement projects along Shepherd and Durham are nearing completion, which are expected to increase pedestrian and bicycle traffic. The building, formerly a preschool, features plumbing in almost every room and tall ceilings. It includes two yard areas, one of which can be converted back to parking. A parking agreement option is available. There is a restriction against early-childcare use; the property will not be sold to a preschool.

Key Highlights

  • Prime location in the heart of the Greater Heights area, benefiting from retail and residential growth.
  • Plumbing in almost every room, offering flexibility for various uses.
  • Tall ceilings, enhancing the sense of space and potential for customization.

Property Analytics

Current Use

Tex US Transportation ... Trucking Company Goddard School of the Heights ... High School

Suggested Use

Top Pick Parking Lot & Garage Pet Grooming Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Daycare Center Storage Facility

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

2,520
Businesses Nearby

Demographics for 77008, TX

36,631
Population
20,709
Households
1.8
Avg Household Size
36
Median Age
72%
College-Educated
96%
High-School Grad
6.5 sq mi
ZIP Area
5,636
Density / Sq Mi
$142,414
Median Household Income
$84,642
Median Earnings
$1,567
Median Rent
$609,300
Median Home Value

Market

Vacancy Rate% for Office in Houston, TX

21.3% 2019
24.5% 2020
25.2% 2021
26% 2022
25.3% 2023
25.5% 2024
24.8% 2025
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Frequently Asked Questions

What type of property is this?
School - Commercial building in the heart of the Greater Heights area.
Where is this school located?
The property is located at 777 W 23rd St Houston, TX.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: Prime location in the heart of the Greater Heights area, benefiting from retail and residential growth.; Plumbing in almost every room, offering flexibility for various uses.; Tall ceilings, enhancing the sense of space and potential for customization.
More about this property
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