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    2000 Crawford St Houston, TX 77002

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    For Lease
    Contact for pricing

    135,000+ SF office building in Houston's Midtown.

    Type:Office
    Property size:
    135,000 SF
    Added:
    Aug 16, 2022
    Days on Market:
    1343
    Last Refresh:
    Mar 17 at 1:18 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 1600 $23 /Mo

    Size
    1,150 SF
    Type
    Office
    Private reception area and 2 window office, File Or Storage Area. Includes shared...
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    Suite 0856 $23 /Mo

    Size
    376 SF
    Type
    Office
    Window office includes shared waiting areas, conference rooms, huddle rooms, lounge,...
    show more
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    Suite 0800.WS $22 /Mo

    Size
    9,702 SF
    Type
    Office
    Reception Area, 29 Window Offices, 18 Interior Offices, 1 Conference Room, Kitchen,...
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    Suite 1118 $18 /Mo

    Size
    1,735 SF
    Type
    Office
    Reception, 5 Window Offices, 2 Interior Offices, 2 Closets, 1 Restroom
    Contact us

    Suite 0828 $24 /Mo

    Size
    237 SF
    Type
    Office
    Window office includes shared waiting areas, conference rooms, huddle rooms, lounge,...
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    Suite 0855 $18 /Mo

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

    Suite 0840 $25 /Mo

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

    Suite 1370 $19 /Mo

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

    Suite 1646 $29 /Mo

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

    Suite 0832 $24 /Mo

    Size
    236 SF
    Type
    Office
    Window office includes shared waiting areas, conference rooms, huddle rooms, lounge,...
    show more
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    Suite 1116 $18 /Mo

    Size
    1,764 SF
    Type
    Office
    Reception, 1 Conference Room, 2 Window Offices, 2 Interior Offices, 2 Areas for Workstations...
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    Suite 1655 $18 /Mo

    Size
    231 SF
    Type
    Office
    Interior office includes shared waiting areas, conference rooms, huddle rooms, lounge,...
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    Suite 0837 $19 /Mo

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

    Suite 1750 $18 /Mo

    Size
    7,496 SF
    Type
    Office
    Reception, Waiting Area, 2 Work Areas, 14 Window Offices, 10 Interior Offices, 1...
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    Suite 0843 $18 /Mo

    Size
    224 SF
    Type
    Office
    Interior 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 1698 $23 /Mo

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

    Suite 0811 $16 /Mo

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

    Suite 0834 $24 /Mo

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

    Suite 1680 $26 /Mo

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

    Suite 0817 $16 /Mo

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

    Suite 0804 $25 /Mo

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

    Suite 0922 $23 /Mo

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

    Suite 0915 $23 /Mo

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

    Suite 1105 $19 /Mo

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

    Suite 1400 $18 /Mo

    Size
    6,885 SF
    Type
    Office
    Open floor concept, 4 conference rooms, 6 work areas with windows, Break/Kitchenette...
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    Suite 0858 $29 /Mo

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

    Suite 1109 $19 /Mo

    Size
    333 SF
    Type
    Office
    1 Window Office, 1 Entrance
    Contact us

    Suite 0802 $25 /Mo

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

    Suite 0838 $249 /Mo

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

    Suite 0835 $20 /Mo

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

    Suite 0105 $17 /Mo

    Size
    1,392 SF
    Type
    Office
    Formerly pharmacy space. 1st floor lobby exposure, waiting area with built in transaction...
    show more
    Contact us

    Suite 1642 $25 /Mo

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

    Suite 1123 $19 /Mo

    Size
    596 SF
    Type
    Office
    Private reception area, 1 window office, 2 window exam rooms.
    Contact us

    Suite 1610 $23 /Mo

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

    Suite B0150 $15 /Mo

    Size
    8,935 SF
    Type
    Office
    8 offices, large reception area, 4 private restrooms, 3 entrances
    Contact us

    Suite 0826 $23 /Mo

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

    Suite 0900.WS $21 /Mo

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

    Suite 1600.WS $21 /Mo

    Size
    9,341 SF
    Type
    Office
    Private reception area and 22 Window Offices, 14 Interior Offices. Includes shared...
    show more
    Contact us

    Suite 1625 $18 /Mo

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

    Suite 0819 $16 /Mo

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

    Suite 1225 $18 /Mo

    Size
    1,350 SF
    Type
    Office
    Reception, 3 Window offices, 2 interior offices, 1 Entrance
    Contact us

    Suite 0800 $28 /Mo

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

    We can help!

    Listing Contact
    Rudy Leal

    Listing agent Rudy Leal License #TX

    Listing date Aug 16, 2022

    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 Rudy Leal

    Overview

    Houston Midtown Office Building

    The property at 2000 Crawford is a 135,000+ square foot office building situated in Houston's Midtown, located just outside Houston's Central Business District. This 18-story building is positioned near the intersection of US-59 and I-45, providing access to major highways and freeways. The property is located on the Metro bus line and is 5 blocks from the MetroRail. A tunnel connects the building to St. Joseph Hospital. The location provides easy access to I-45, US-59, I-10, and SHH 288, as well as Minute Maid Park, Discovery Green, Toyota Center, George R. Brown Convention Center, YMCA, and 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+ SF 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: 135,000+ square foot office building in Houston's Midtown; Excellent visibility near the US‑59 and I‑45 intersection; Easy access to I‑45, US‑59, I‑10 & SHH 288
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Rudy Leal
    Real Estate License ID: TX
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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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