For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Office Unit with Multiple Rooms Title is generated by Realmo AI

    11123 McCracken Cir, Cypress, TX 77429

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Office unit featuring a large entry and additional enclosed rooms.

    Type:Office
    Property size:
    675 SF
    Price / SF:
    $205/SF
    Added:
    Oct 26, 2024
    Days on Market:
    592
    Last Refresh:
    May 12 at 8:12 pm

    Property Features for 11123 McCracken Cir

    General Information

    Standard status
    Active
    Size
    675 SF
    Property subtype
    Office

    Building Details

    Year Built
    2006

    We can help!

    Listing Contact
    Jason Myers
    Jason Myers

    Listing agent Jason Myers License #586442

    Listing office Gardner Realty

    Listing date Oct 26, 2024

    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 Gardner Realty

    HighLights

    • Handicap accessible with ramp for easy entry.
    • Large entry room, ideal for a lobby or workstations.
    • Two additional enclosed rooms offer flexible space.
    • Includes a convenient kitchen area.
    • Features a private bathroom.
    • Dedicated conference room for meetings.

    Overview

    This 675 square foot office unit features a large entry room suitable for a lobby or multiple workstations. The layout includes two additional enclosed rooms, a kitchen area, a private bathroom, and a conference room. The property is handicap accessible with a ramp and includes a duck pond. The property is currently vacant and available for showings.

    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 $15.6k $23.04
    − Vacancy −$3.8k −$5.58
    EGI $11.8k $17.46
    − OpEx −$2.9k −$4.37
    NOI $8.8k $13.10
    675 SF · lease $23.04/SF/yr · vacancy 24.20% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $126.3K
    $110.5K – $147.4K (±1% cap)
    NOI $8,841 @ 7.0% cap · market cap 6.36%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $184.3K
    $161.3K – $215.0K (±1% cap)
    NOI $12,902 @ 7.0% cap · market cap 9.28%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Insightful Life CounselingCenter, ... Counselor THERAPY WITH SANA Family Counselor Enrichment Services Inc Tutoring Service Dolphins HVAC Repair ... HVAC Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Cypress
    County
    Harris
    State
    Texas
    Longitude
    -95.587034
    Latitude
    29.954247

    FAQs

    What type of property is this?
    Office units - Office unit featuring a large entry and additional enclosed rooms.
    Where is this office units located?
    The property is located at 11123 McCracken Cir Cypress, TX.
    What is the asking price?
    The asking price for this property is $139,000.
    What are key features of this property?
    This property features: Handicap accessible with ramp for easy entry.; Large entry room, ideal for a lobby or workstations.; Two additional enclosed rooms offer flexible space.
    (713) 545-6170 Call to check price and availability
    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