Gated Office
9326 KAY LN HOUSTON TX 77064-7712, Houston, TX 77064
For Sale
Contact for pricing
An auxiliary building, detached garages, and a propane generator add functional support space and backup power.
Property Size3,086 SF
Lot Size2.70 Acres
Price / SF$290.02
Days on Market67
Property Features for 9326 KAY LN HOUSTON TX 77064-7712
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Highway Access
Road Access
Additional Details
Property Use
Amenities
gated compound
propane generator
fully fenced
Building Details
Stories
Building Size
Listing Agency:
KW Commercial Houston Metropolitan
Listed By:
Elgin Wells · License TX #660539
Source:
Crexi
Added: Sep 5
Changed: Nov 8
Last Checked: Nov 10 at 8:21AM
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 Metropolitan
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The Houston property includes a 3,086-square-foot, single-story office building on 2.7 acres, plus a 1,000-square-foot outbuilding. Two detached garages each accommodate two cars, and a propane generator serves the site. The grounds are fenced and gated, with two driveway entrances and approximately 21,000 square feet of partially shaded parking. Additional room for expansion is noted, and the property has no HOA restrictions.
Located on Kay Lane, the site offers approximately 413 feet of road frontage and access to Beltway 8, SH 249, and SH 290.
Located on Kay Lane, the site offers approximately 413 feet of road frontage and access to Beltway 8, SH 249, and SH 290.
Key Highlights
- 3,086‑square‑foot, single‑story office building with a 1,000‑square‑foot outbuilding
- 2.7‑acre fenced property with approximately 21,000 square feet of partially shaded parking
- Approximately 413 feet of road frontage and two gated driveways
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,995
Cap Rate
4.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$719,900
$719.9K
Cap Rate 7%
$514,214
$514.2K
Cap Rate 9%
$399,944
$399.9K
Market Conditions
NOI Build-Up for 3,086 SF
Gross rent
$66.7K $21.60/SF
− Vacancy
−$18.7K −$6.05/SF
EGI
$48.0K $15.55/SF
− OpEx
−$12.0K −$3.89/SF
NOI
$36.0K $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 Rate 5%
$719,900
Cap Rate 7%
$514,214
Cap Rate 9%
$399,944
Alternative Uses
Best Use
Office B
$514.2K
$449.9K – $599.9K
NOI $35,995 @ 7.0% cap · market cap 4.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$793.5K
$694.4K – $925.8K
NOI $55,548 @ 7.0% cap · market cap 6.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
247
Businesses Nearby
Explore this area
Business Placement
Demographics for 77064, TX
48,243
Population
17,358
Households
2.8
Avg Household Size
36
Median Age
29%
College-Educated
82%
High-School Grad
14.7 sq mi
ZIP Area
3,282
Density / Sq Mi
$85,318
Median Household Income
$42,133
Median Earnings
$1,477
Median Rent
$234,600
Median Home Value
Market
Properties on Market for Office buildings in Houston
Vacancy Rate% for Office in Houston, TX
Frequently Asked Questions
What type of property is this?
Office building - An auxiliary building, detached garages, and a propane generator add functional support space and backup power.
Where is this office building located?
The property is located at 9326 KAY LN HOUSTON TX 77064-7712 Houston, TX.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 3,086‑square‑foot, single‑story office building with a 1,000‑square‑foot outbuilding; 2.7‑acre fenced property with approximately 21,000 square feet of partially shaded parking; Approximately 413 feet of road frontage and two gated driveways
