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Property profile & analytics
OFF-MARKET
Office Spaces

0 Griggs Rd & Cullen Blvd Houston, TX 77021

3,062 SF
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at the intersection of Griggs Rd and Cullen Blvd in Houston, Texas (zip code 77021), offers a unique investment opportunity. The property is zoned for both office and medical office use, boasting flexible square footage options ranging from 3,062 to 63,460 square feet. Its strategic location within Harris County places it in close proximity to major transportation arteries, including the Hwy 288 & Old Spanish Trail intersection, ensuring easy accessibility. The property benefits from its adjacency to a thriving 80,891 square foot neighborhood shopping center, anchored by prominent retailers such as Gordon Food Service, Family Dollar, Rent-A-Center, and a high-performing Citi Trends location (ranked #4 in the Houston MSA by daily site visits). This vibrant commercial hub contributes to high foot traffic and visibility. Furthermore, the property's location within the densely populated urban neighborhood of Ost/South Main, with over 147,000 residents within a 3-mile radius, guarantees a substantial customer base. Its proximity to the University of Houston and the Texas Medical Center, the world's largest medical complex, further enhances its appeal and potential for growth. The property is currently available for sale, presenting a compelling investment opportunity in a high-demand area.

Property profile
Verified
Property type Office Spaces
Total area 3,062 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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