8234 Howard Dr Houston, TX 77017
Two buildings totaling 4,000 SF, ideal for multi-tenant use.
- Added:
- Apr 17, 2026
- Days on Market:
- 87
- Last Refresh:
- May 8 at 3:29 am
Property Features for 8234 Howard Dr
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Property subtype
- OFFICE
Listing office Redfin Corporation (832) 336-1071
Listing date Apr 17, 2026
Source Moodyscre
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 Redfin Corporation
Investment Insights
Based on property information with market context.
Key Highlights
- Income‑producing potential with three active businesses currently in place.
- Two separate buildings totaling approximately 4,000 SF provide flexible usage options.
- Main building offers 2,770 SF of commercial space.
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 | $86.4k | $21.60 |
| − Vacancy | −$24.2k | −$6.05 |
| EGI | $62.2k | $15.55 |
| − OpEx | −$15.6k | −$3.89 |
| NOI | $46.7k | $11.66 |
