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    2000 Crawford St Houston, TX 77002

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    For Lease
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    135,000+ sq ft office building in Houston's Midtown.

    Type:Office
    Property size:
    135,000 SF
    Added:
    Apr 24, 2020
    Days on Market:
    2187
    Last Refresh:
    Mar 17 at 1:17 pm

    Property Features for 2000 Crawford St

    General Information

    Standard status
    Active
    Size
    135,000 SF
    Property subtype
    Office

    Building Details

    Year Built
    1964

    Spaces For Lease

    at 2000 Crawford St Contact us

    Suite 0105 $17 /Mo

    Size
    1,522 SF
    Type
    Office
    Reception Area, 2 Interior Offices, 1 Bullpen, Sink, 1 Closets, 1 Entrance
    Contact us

    Suite 0845 $29 /Mo

    Size
    232 SF
    Type
    Office
    Fully furnished & decorated window office. Includes shared waiting areas, conference...
    show more
    Contact us

    Suite B0150A $14 /Mo

    Size
    6,846 SF
    Type
    Office
    8 offices, large reception area, 4 private restrooms, 2 entrances
    Contact us

    Suite 1510 $18 /Mo

    Size
    2,765 SF
    Type
    Office
    Perfect for Medical Group. Reception, Waiting Area, File Room, 3 Window Offices,...
    show more
    Contact us

    Suite 1200 $18 /Mo

    Size
    4,023 SF
    Type
    Office
    Reception, Waiting Area, 6 Window offices, 4 Interior Offices, 1 Closet, 2 Restrooms,...
    show more
    Contact us

    Suite 1530 $18 /Mo

    Size
    2,648 SF
    Type
    Office
    Reception, Waiting Area, 3 Window offices, 2 Interior Offices, 1 Break Room, 1 Bullpen...
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    Contact us

    Suite 0838 $32 /Mo

    Size
    243 SF
    Type
    Office
    Fully furnished & decorated window office. Includes shared waiting areas, conference...
    show more
    Contact us

    Suite 1750 $18 /Mo

    Size
    7,292 SF
    Type
    Office
    Contact us

    Suite 1400 $19 /Mo

    Size
    6,885 SF
    Type
    Office
    Open floor concept, 4 conference rooms, 6 work areas with windows, Break/Kitchenette...
    show more
    Contact us

    Suite 1221 $21 /Mo

    Size
    584 SF
    Type
    Office
    Reception, 1 Window office, 1 Interior office
    Contact us

    Suite 0851 $26 /Mo

    Size
    198 SF
    Type
    Office
    Interior office includes shared waiting areas, conference rooms, huddle rooms, lounge,...
    show more
    Contact us

    Suite 0860 $32 /Mo

    Size
    219 SF
    Type
    Office
    Fully furnished & decorated window office. Includes shared waiting areas, conference...
    show more
    Contact us

    Suite 1646 $29 /Mo

    Size
    258 SF
    Type
    Office
    Private reception area Fully furnished & decorated window office. Includes shared...
    show more
    Contact us

    Suite 0856 $24 /Mo

    Size
    376 SF
    Type
    Office
    Window office includes shared waiting areas, conference rooms, huddle rooms, lounge,...
    show more
    Contact us

    Suite 1660 $18 /Mo

    Size
    309 SF
    Type
    Office
    Interior office includes shared waiting areas, conference rooms, huddle rooms, lounge,...
    show more
    Contact us

    Suite 0806 $25 /Mo

    Size
    237 SF
    Type
    Office
    Window office includes shared waiting areas, conference rooms, huddle rooms, lounge,...
    show more
    Contact us

    Suite 0849 $23 /Mo

    Size
    245 SF
    Type
    Office
    Interior office includes shared waiting areas, conference rooms, huddle rooms, lounge,...
    show more
    Contact us

    Suite 0107 $30 /Mo

    Size
    842 SF
    Type
    Office
    1 Reception, 4 Interior Offices, 1 Sink, 1 Entrance
    Contact us

    Suite 1655 $16 /Mo

    Size
    231 SF
    Type
    Office
    Interior office includes shared waiting areas, conference rooms, huddle rooms, lounge,...
    show more
    Contact us

    Suite 1631 $30 /Mo

    Size
    116 SF
    Type
    Office
    Interior office includes shared waiting areas, conference rooms, huddle rooms, lounge,...
    show more
    Contact us

    Suite 1639 $30 /Mo

    Size
    116 SF
    Type
    Office
    Interior office includes shared waiting areas, conference rooms, huddle rooms, lounge,...
    show more
    Contact us

    Suite 0920 $22 /Mo

    Size
    293 SF
    Type
    Office
    Interior office includes shared waiting areas, conference rooms, huddle rooms, lounge,...
    show more
    Contact us

    Suite 0862 $28 /Mo

    Size
    217 SF
    Type
    Office
    Window office includes shared waiting areas, conference rooms, huddle rooms, lounge,...
    show more
    Contact us

    Suite 1105 $18 /Mo

    Size
    1,246 SF
    Type
    Office
    Reception, 3 Window offices, 2 Interior Offices, 1 Workroom & 1 Restroom
    Contact us

    Suite 0804 $28 /Mo

    Size
    239 SF
    Type
    Office
    Window office includes shared waiting areas, conference rooms, huddle rooms, lounge,...
    show more
    Contact us

    Suite 1610 $24 /Mo

    Size
    244 SF
    Type
    Office
    Interior office includes shared waiting areas, conference rooms, huddle rooms, lounge,...
    show more
    Contact us

    Suite 0800.WS $23 /Mo

    Size
    9,702 SF
    Type
    Office
    Estimate Electric Charge: $1285.52nReception Area, 29 Window Offices, 18 Interior...
    show more
    Contact us

    Suite 802 $37 /Mo

    Size
    221 SF
    Type
    Office
    Estimate Electric Charge: $29.28nFully furnished & decorated window office. Includes...
    show more
    Contact us

    Suite 0858 $26 /Mo

    Size
    288 SF
    Type
    Office
    Window office includes shared waiting areas, conference rooms, huddle rooms, lounge,...
    show more
    Contact us

    Suite 0840 $26 /Mo

    Size
    232 SF
    Type
    Office
    Window office includes shared waiting areas, conference rooms, huddle rooms, lounge,...
    show more
    Contact us

    Suite 0853 $30 /Mo

    Size
    209 SF
    Type
    Office
    Furnished interior office with access to shared waiting area, conference rooms, huddle...
    show more
    Contact us

    Suite 0900.WS $22 /Mo

    Size
    9,903 SF
    Type
    Office
    28 Window Offices, 6 Interior Offices, 3 Closets. Includes shared waiting areas,...
    show more
    Contact us

    Suite 0821 $25 /Mo

    Size
    228 SF
    Type
    Office
    Interior office includes shared waiting areas, conference rooms, huddle rooms, a...
    show more
    Contact us

    Suite 1370 $19 /Mo

    Size
    739 SF
    Type
    Office
    1 Reception, 1 Window office, 1 Interior office, 1 Bullpen
    Contact us

    Suite 0817 $25 /Mo

    Size
    247 SF
    Type
    Office
    Interior office includes shared waiting areas, conference rooms, huddle rooms, lounge,...
    show more
    Contact us

    Suite 0832 $20 /Mo

    Size
    236 SF
    Type
    Office
    Window office includes shared waiting areas, conference rooms, huddle rooms, lounge,...
    show more
    Contact us

    Suite 800 $31 /Mo

    Size
    221 SF
    Type
    Office
    Estimate Electric Charge: $29.28nFully furnished & decorated window office. Includes...
    show more
    Contact us

    Suite 1680 $33 /Mo

    Size
    303 SF
    Type
    Office
    Estimate Electric Charge: $40.15nFully furnished & decorated window office. Includes...
    show more
    Contact us

    Suite 0834 $26 /Mo

    Size
    234 SF
    Type
    Office
    Window office includes shared waiting areas, conference rooms, huddle rooms, lounge,...
    show more
    Contact us
    Show more

    We can help!

    Listing Contact
    Trey Miller

    Listing agent Trey Miller License #TX

    Listing office Boxer Property

    Listing date Apr 24, 2020

    Source Crexi

    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 Boxer Property

    Overview

    Midtown Houston Office Building

    The property at 2000 Crawford is a 135,000+ square foot office building located in Houston`s growing Midtown, just outside Houston`s Central Business District. This 18-story building offers visibility due to its location near the US-59 and I-45 intersection, providing access to major highways and freeways. The property is located on the Metro bus line, with the MetroRail just 5 blocks away. A tunnel connects the building to St. Joseph Hospital. The location provides access to I-45, US-59, I-10 & SHH 288, Minute Maid Park, Discovery Green, Toyota Center, George R. Brown Convention Center, YMCA, and the 8th Wonder Brewery.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Houston Institute for Sports ... Hospital Houston Travel Medicine ... Medical Clinic Spring Clinical Research Medical Clinic ECSI Marketing & Advertising Mattox Law Firm ... Law Firm

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.3663623
    Latitude
    29.7460101

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    FAQs

    What type of property is this?
    Office building - 135,000+ sq ft office building in Houston's Midtown.
    Where is this office building located?
    The property is located at 2000 Crawford St Houston, TX.
    What are key features of this property?
    This property features: Easy access to major highways (US‑59, I‑45, I‑10, SHH 288); Located in Houston's growing Midtown area; **135,000+ square foot, 18‑story office building**
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Trey Miller
    Real Estate License ID: TX
    Learn More
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    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
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