Office Building Near
For Sale
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9999 Bellaire Blvd, Houston, TX 77036
Office building with American First National Bank as anchor.
Property Size5,626 SF
Price / SF$365.46
Days on Market784
Property Features for 9999 Bellaire Blvd
General Information
Standard status
Active
Size
5,626 SF
Property subtype
Office
Listing Agency:
DN Commercial
Listed By:
Danny Nguyen, CCIM · License #456765-b
Source:
Crexi
Added: Jun 11, 2024
Changed: Jul 10
Last Checked: Aug 2 at 3:46PM
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 DN Commercial
Investment Insights
Based on property information with market context.
This commercial property is an office building with a size of approximately 5,626 square feet. It is anchored by American First National Bank. The property is located approximately 3 miles from Interstate I-59/69.
Key Highlights
- +/- 5,626 SF
- Anchored by American First National Bank
- Approx. 3 miles – I‑59/69
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 | $121.5k | $21.60 |
| − Vacancy | −$34.0k | −$6.05 |
| EGI | $87.5k | $15.55 |
| − OpEx | −$21.9k | −$3.89 |
| NOI | $65.6k | $11.66 |
5,626 SF · lease $21.60/SF/yr · vacancy 28.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$937.5K
$820.3K – $1.09M
NOI $65,622 @ 7.0% cap · market cap 3.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M
NOI $101,268 @ 7.0% cap · market cap 4.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,151
Businesses Nearby
Explore this area
Business Placement
Demographics for 77036, TX
75,870
Population
30,508
Households
2.5
Avg Household Size
33
Median Age
14%
College-Educated
55%
High-School Grad
7.3 sq mi
ZIP Area
10,393
Density / Sq Mi
$43,853
Median Household Income
$27,812
Median Earnings
$995
Median Rent
$217,400
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?
Office building - Office building with American First National Bank as anchor.
Where is this office building located?
The property is located at 9999 Bellaire Blvd Houston, TX.
What is the asking price?
The asking price for this property is $2,056,052.
What are key features of this property?
This property features: +/- 5,626 SF; Anchored by American First National Bank; Approx. 3 miles – I‑59/69
