26203 Oak Ridge Dr Spring, TX 77380
Commercial office building with 34 individual office spaces for sale.
Property Features for 26203 Oak Ridge Dr
General Information
- Standard status
- Active
- Size
- 8,400 SF
- Property subtype
- Office
Building Details
- Year Built
- 2014
Listing office eXp Realty (281) 723-3336
Listing date Aug 30, 2023
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime location seconds from I‑45, Hardy Toll Rd and Grand Parkway.
- 34 individual office spaces, suitable for diverse tenant occupancy or owner use.
- Full kitchen, large conference room, and multiple storage closets on the first floor.
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 | $168.3k | $20.04 |
| − Vacancy | −$37.0k | −$4.41 |
| EGI | $131.3k | $15.63 |
| − OpEx | −$32.8k | −$3.91 |
| NOI | $98.5k | $11.72 |
