Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    5214 Harrisburg Blvd Houston, TX 77011-4230

    • Commercial real estate
    • 3,360 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimations
    $345,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-1811845
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 5214 Harrisburg Blvd

    Year built
    1930
    Construction
    FRAME
    Lot size
    0.11 lot acres
    Property size
    3,360 SF
    Property type
    Commercial real estate
    APN
    380450000003
    APU
    380450000003

    Description

    This Class A, two-story executive office building at 5214 Harrisburg Blvd, Houston, TX 77011, offers 5,000 square feet of prime office space in the vibrant Eado district. The building is comprised of ten individual suites, currently featuring 1,000 square feet of immediately available space. Units range in size from a minimum of 110 square feet to a maximum contiguous space of 1,000 square feet, making it ideal for businesses of various sizes. The building's modern design caters to the needs of today's professional, offering a blend of private and shared workspaces. This location provides easy access to Houston's major thoroughfares and is situated within a dynamic and thriving commercial area. The property is perfect for businesses seeking a sophisticated and efficient workspace in a highly desirable location. The building's multiple tenancy structure allows for flexibility and scalability, accommodating businesses with diverse space requirements. The available space presents an excellent opportunity for companies looking to establish or expand their presence in Houston's dynamic East Downtown district. This is a rare opportunity to secure high-quality office space in a building designed for modern business needs. Contact us today to schedule a viewing and explore the possibilities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $335,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $450,000
      Market price range: $273k - $803k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.3231
    Latitude
    29.7419
    CBSA code
    26420
    CBSA name
    HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $3,230
    $260,000
    $0.00
    $260,000
    -
    $260,000
    $0.00
    $260,000

    Comparable in this City

    • Value Estimation
      $260,000
      0.11 Acres

      6509 Texas St

      COMMERCIAL (GENERAL) • 0.11 Acres
      6509 Texas St, Houston, TX 77011
      View Details
    • Value Estimation
      $265,000
      0.06 Acres

      Canal St

      COMMERCIAL (GENERAL) • 0.06 Acres
      Canal St, Houston, TX 77011
      View Details
    • Value Estimation
      $260,000
      0.26 Acres

      301 Cesar Chavez Blvd

      COMMERCIAL (GENERAL) • 0.26 Acres
      301 Cesar Chavez Blvd, Houston, TX 77011
      View Details
    • Value Estimation
      $265,000
      1,200 SF

      6634 Harrisburg Blvd

      COMMERCIAL (GENERAL) • 1,200 SF
      6634 Harrisburg Blvd, Houston, TX 77011
      View Details
    • Value Estimation
      $270,000
      2,880 SF

      6525 Canal St

      COMMERCIAL (GENERAL) • 2,880 SF
      6525 Canal St, Houston, TX 77011-2433
      View Details
    • Value Estimation by Request
      0.18 Acres

      4815 Harrisburg Blvd

      Land • 0.18 Acres
      4815 Harrisburg Blvd, Houston, TX 77011
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.98 Acres

      Lockwood Drive Commercial Land

      Prime Houston Retail Pad Site, 0.98 Acres
      211 Lockwood Dr, Houston, TX 77011
      View Details
    • Contact for pricing
      1.86 Acres

      Harrisburg Blvd Commercial Land

      1.86 Acres, High-Visibility Location
      4401 Harrisburg Blvd, Houston, TX 77011
      View Details
    • Contact for pricing
      18,706 SF

      Houston Industrial Property: Two Warehouses

      Historic East End warehouses, investment opportunity.
      5711 Navigation Blvd, Houston, TX 77011
      View Details
    • $675,000

      East Downtown Multifamily Investment Opportunity

      Multifamily property with leased and available units in East Downtown.
      6823 Avenue E, Houston, TX 77011
      View Details
    • $255,999

      Central Park Fourplex For Sale

      Rare fourplex in Central Park, ideal for investors.
      6646 Sherman St, Houston, TX 77011
      View Details
    • $399,999

      Four-Unit Multifamily Property

      Four units, each with one bedroom and one bathroom.
      6623 Aves St S, Houston, TX 77011
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,500 SF

      Retail Space for Lease

      2500 SF retail space available for lease.
      1310 Wayside Dr, Houston, TX 77011
      View Details
    • $9 SF/Yr
      4,994 SF

      Houston Retail/Office Space For Rent

      Commercial property near Downtown Houston with high visibility and easy access.
      4906 Harrisburg Blvd, Houston, TX 77011
      View Details
    • Contact for pricing

      Houston Industrial Space Available

      Industrial property for lease in Houston, featuring heavy electrical service.
      6501 Navigation Blvd, Houston, TX 77011
      View Details
    • Contact for pricing
      21,343 SF

      Eado Flex Warehouse Spaces

      Three premium industrial spaces, Houston.
      5011 Navigation Blvd, Houston, TX 77011
      View Details
    • $5,000 /Mo
      2,169 SF

      Daycare Facility in EaDo, Houston

      Turnkey daycare facility in Houston's historic Harrisburg Corridor.
      222 S 66Th St, Houston, TX 77011
      View Details
    • Contact for pricing
      12,000 SF

      Harrisburg Blvd Retail Space

      High-traffic Houston retail sublease opportunity.
      6740 Harrisburg Blvd, Houston, TX 77011
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5214 Harrisburg Blvd
    Houston, TX 77011-4230
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.