Freestanding Office Building in
16610 Sea Lark Rd Houston, TX 77062
16610 Sea Lark Rd, Houston, TX, 77062
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For Sale
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Recently renovated office building near Clear Lake Medical Center.
Property Size6,745 SF
Price / SF$222.39
Days on Market657
Property Features for 16610 Sea Lark Rd
General Information
- Standard status
- Active
- Size
- 6,745 SF
- Property subtype
- Office
Building Details
- Year Built
- 1975
Listing agency
KW Commercial Houston Clear Lake
(917) 743-6241
Listed by
Chaundra Hugel Broughton, CCIM · License #667270-SA
Source
Crexi
Added: Oct 3, 2024 Updated: Jul 6 at 8:22AM Checked: Jul 19 at 7:57AM
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 KW Commercial Houston Clear Lake
Investment Insights
Based on property information with market context.
The subject property is a freestanding office building situated on Sea Lark Road in Clear Lake, Texas. Located just off El Camino Real, the property offers convenient access to Bay Area Blvd and I-45. Its location provides proximity to Clear Lake Medical Center, the University of Houston-Clear Lake, and NASA’s Johnson Space Center. The building, with a property size of 6745 square feet, has been recently renovated and is suitable for professional office or medical use. Nearby retailers include Kroger, ALDI, HEB, Spec’s, CVS, Walgreens, and Office Depot.
Key Highlights
- Recently renovated for professional office or medical use.
- Prime location in Clear Lake, Texas, just off El Camino Real.
- Convenient access to Bay Area Blvd and I‑45.
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 | $145.7k | $21.60 |
| − Vacancy | −$40.8k | −$6.05 |
| EGI | $104.9k | $15.55 |
| − OpEx | −$26.2k | −$3.89 |
| NOI | $78.7k | $11.66 |
6,745 SF · lease $21.60/SF/yr · vacancy 28.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.12M
$983.4K – $1.31M
NOI $78,674 @ 7.0% cap · market cap 5.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.73M
$1.52M – $2.02M
NOI $121,410 @ 7.0% cap · market cap 8.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Pacific Heating & Cooling
HVAC Service
Innovative Turnaround Controls, ...
Business Management Consultant
United Sourcing & Logistics
Logistics Company
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FAQs
What type of property is this?
Office building - Recently renovated office building near Clear Lake Medical Center.
Where is this office building located?
The property is located at 16610 Sea Lark Rd Houston, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Recently renovated for professional office or medical use.; Prime location in Clear Lake, Texas, just off El Camino Real.; Convenient access to Bay Area Blvd and I‑45.
