Office or Medical Corner
For Sale
Contact for pricing
8530 Almeda Genoa Rd, Houston, TX 77075
Hard-corner commercial property with strong frontage and accessibility, suited for office, medical, retail, or service uses.
Property Size1,952 SF
Price / SF$315.06
Days on Market99
Property Features for 8530 Almeda Genoa Rd
General Information
Standard status
Active
Size
1,952 SF
Property subtype
OFFICE
Site & Location
Neighborhood
Greater Hobby Area
Highway Access
Yes
Road Access
Yes
Listing Agency:
JLW Enterprises, LLC CRE
Listed By:
Jeff Walters · License #408781
(281) 928-5422
Source:
Moodyscre
Added: Jul 23
Changed: Oct 26
Last Checked: Oct 28 at 10:48AM
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 JLW Enterprises, LLC CRE
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a for-sale commercial corner property positioned for high visibility. The offering is described as having strong frontage and accessibility, with a flexible setup that can support a range of commercial uses.
The property is located in Southeast Houston on a highly visible hard corner, with quick access referenced to Beltway 8, I-45, SH 288, William P. Hobby Airport, the Port of Houston, and Downtown Houston. The surrounding area is described as having established neighborhoods and a strong commercial and industrial presence.
Based on the information provided, the property is intended to appeal to owner-users and investors looking for a prominent site with use flexibility, including office, medical, retail, restaurant, and service-related businesses, or future redevelopment.
The property is located in Southeast Houston on a highly visible hard corner, with quick access referenced to Beltway 8, I-45, SH 288, William P. Hobby Airport, the Port of Houston, and Downtown Houston. The surrounding area is described as having established neighborhoods and a strong commercial and industrial presence.
Based on the information provided, the property is intended to appeal to owner-users and investors looking for a prominent site with use flexibility, including office, medical, retail, restaurant, and service-related businesses, or future redevelopment.
Key Highlights
- Hard‑corner commercial site in Southeast Houston with high visibility and strong frontage
- Strategic access to Beltway 8, I‑45, and SH 288
- Quick proximity to William P. Hobby Airport, the Port of Houston, and Downtown Houston
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,563
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$531,260
$531.3K
Cap Rate 7%
$379,471
$379.5K
Cap Rate 9%
$295,144
$295.1K
Market Conditions
NOI Build-Up for 1,952 SF
Gross rent
$49.2K $25.20/SF
− Vacancy
−$4.9K −$2.52/SF
EGI
$44.3K $22.68/SF
− OpEx
−$17.7K −$9.07/SF
NOI
$26.6K $13.61/SF
Area
Houston, TX
Vacancy
10.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$531,260
Cap Rate 7%
$379,471
Cap Rate 9%
$295,144
Alternative Uses
Best Use
Healthcare Medical
$379.5K
$332.0K – $442.7K
NOI $26,563 @ 7.0% cap · market cap 4.32%
Second Best
Office B
$325.3K
$284.6K – $379.5K
NOI $22,768 @ 7.0% cap · market cap 3.70%
Theoretical Best
Office A
$501.9K
$439.2K – $585.6K
NOI $35,136 @ 7.0% cap · market cap 5.71%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
284
Businesses Nearby
Explore this area
Business Placement
Demographics for 77075, TX
38,873
Population
13,267
Households
2.9
Avg Household Size
32
Median Age
16%
College-Educated
70%
High-School Grad
11.2 sq mi
ZIP Area
3,471
Density / Sq Mi
$71,509
Median Household Income
$34,327
Median Earnings
$1,225
Median Rent
$219,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Houston, TX
Frequently Asked Questions
What type of property is this?
Office unit - Hard-corner commercial property with strong frontage and accessibility, suited for office, medical, retail, or service uses.
Where is this office unit located?
The property is located at 8530 Almeda Genoa Rd Houston, TX.
What is the asking price?
The asking price for this property is $615,000.
What are key features of this property?
This property features: Hard‑corner commercial site in Southeast Houston with high visibility and strong frontage; Strategic access to Beltway 8, I‑45, and SH 288; Quick proximity to William P. Hobby Airport, the Port of Houston, and Downtown Houston
