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1322 Space Park Dr Houston, TX 77058

OFF-MARKET Office Spaces Google Maps
123,089 SF Built 1966
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This two-story, Class B office building at 1322 Space Park Drive, Houston, TX 77058, offers a variety of spaces, from 318 to 3,157 contiguous square feet, with a total of 123,089 square feet. Originally built in 1966 and renovated in 2013, the property boasts 51 suites and currently has 22,008 square feet of vacant space available for lease. Multiple tenancy options are available, catering to businesses seeking traditional office space, executive suites, or coworking arrangements. The building is conveniently located in the Clear Lake / NASA submarket, minutes from I-45, Bay Area Boulevard, the Kemah Boardwalk, and the Johnson Space Center. Nearby amenities include banks, hotels, restaurants, movie theaters, and shopping centers. The property features a loading dock for convenient access to deliveries and offers 24-hour building access. Ample parking is available, with a ratio of 4.82 spaces per 1,000 square feet. The building provides a comfortable office environment and offers assistance with space and expansion planning.

Property profile

Verified
Property type Office Spaces
Year built 1966
Total area 123,089 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm Child Welfare Organization
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Real Estate Agency
  • Engineer
  • Insurance Agency

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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