Houston Educational Facility For
For Sale
Contact for pricing
8644 Beverly Hill St, Houston, TX 77063
Purpose-built educational facility in a high-traffic, central Houston location.
Property Size7,307 SF
Lot Size0.82 Acres
Price / SF$362.67
Days on Market188
Property Features for 8644 Beverly Hill St
General Information
Standard status
Active
Size
7,307 SF
Class
A
Lot size
0.82 Acres
Property subtype
Office, Special Purpose
Occupancy
100%
Building Details
Year Built
1996
Year Renovated
2022
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Keller Williams Memorial
(281) 759-6000
Listed By:
Caryn Craig · License #583834
Source:
Crexi
Added: Feb 4
Changed: Aug 8
Last Checked: Aug 10 at 11:04AM
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 Keller Williams Memorial
Investment Insights
Based on property information with market context.
This confidential offering features a 7,307 square foot, owner-occupied educational facility for sale in Houston. Constructed in 1996 and significantly renovated in 2022, the building is situated on a 0.82-acre lot. The facility is certified for school use and includes two dedicated outdoor play areas and gated access for enhanced security. Ample parking is available. The property's functional layout is suitable for a variety of institutional or specialty uses. Located in a high-traffic, central Houston location, the property is near Tanglewood, the Galleria, and West Houston, with convenient access to major freeways. This provides excellent visibility and accessibility, while maintaining controlled, secure entry. Zoning and design allow for multiple potential uses, including educational, daycare, office, or specialty commercial operations, subject to buyer verification. This makes it an ideal environment for schools or office users prioritizing security and accessibility. Business operations, staff, and financials are strictly confidential and will only be disclosed upon execution of a Confidentiality Agreement. Tours are by appointment only, and direct contact with the property or disturbance of operations is prohibited.
Key Highlights
- Prime central Houston location with high traffic and proximity to Tanglewood, Galleria, and West Houston.
- Purpose‑built educational facility certified for school use with gated access and enhanced security.
- Major renovation completed in 2022.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$85,229
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.22%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,704,580
$1.7M
Cap Rate 7%
$1,217,557
$1.2M
Cap Rate 9%
$946,989
$947.0K
Market Conditions
NOI Build-Up for 7,307 SF
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.
Gross rent
$157.8K $21.60/SF
− Vacancy
−$44.2K −$6.05/SF
EGI
$113.6K $15.55/SF
− OpEx
−$28.4K −$3.89/SF
NOI
$85.2K $11.66/SF
Area
Houston, TX
Vacancy
28.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,704,580
Cap Rate 7%
$1,217,557
Cap Rate 9%
$946,989
Alternative Uses
Best Use
Office B
$1.22M
$1.07M – $1.42M
NOI $85,229 @ 7.0% cap · market cap 3.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.88M
$1.64M – $2.19M
NOI $131,526 @ 7.0% cap · market cap 4.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,214
Businesses Nearby
Explore this area
Business Placement
Demographics for 77063, TX
38,298
Population
22,625
Households
1.7
Avg Household Size
35
Median Age
48%
College-Educated
92%
High-School Grad
4.5 sq mi
ZIP Area
8,511
Density / Sq Mi
$54,509
Median Household Income
$40,346
Median Earnings
$1,334
Median Rent
$281,300
Median Home Value
Market
Vacancy Rate% for Office in Houston, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
School - Purpose-built educational facility in a high-traffic, central Houston location.
Where is this school located?
The property is located at 8644 Beverly Hill St Houston, TX.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: Prime central Houston location with high traffic and proximity to Tanglewood, Galleria, and West Houston.; Purpose‑built educational facility certified for school use with gated access and enhanced security.; Major renovation completed in 2022.
