1214 Elgin St Houston, TX 77004
- Office buildings
- 3,445 SF
- 0.36 lot acres
Current Use by Public Records
- The Kassab Law Firm / Law Firm
- Easley Law Firm, P.L.L.C. / Law Firm
- Ernster Law Firm, PLLC / Attorney
Property Details for 1214 Elgin St
- Year built
- 1925
- Construction
- BRICK
- Lot size
- 0.36 lot acres
- Property size
- 3,445 SF
- Property type
- Office buildings
- APN
- 1380960010001
- APU
- 1380960010001
Description
This exceptional 5,695 square foot Class A office building, located in the heart of Houston's Midtown at the southwest corner of Elgin and Caroline Streets, presents a unique investment opportunity. A major remodel in 2017 boasts top-of-the-line finishes throughout. The space includes large private offices, open bullpens, multiple conference rooms, well-appointed kitchens, and full bathrooms. A private courtyard adds to the appeal. The property features a current Certificate of Occupancy and is fully fenced, offering both security and privacy. Its prime location provides convenient access to the Central Business District (CBD), Highway 59, and Interstate 45. Furthermore, its walkability to numerous restaurants, beer gardens, and neighborhood parks enhances its desirability. The asking price is $2,499,000, translating to $438.81 per square foot. The lot size is 15,625 square feet. This property is ideally suited for a law firm, CPA firm, or medical practice. This is a rare opportunity to acquire a meticulously maintained, high-quality office building in a thriving Houston neighborhood.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $405,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $715,000
- 6.5%
- $660,000
- 7%
- $610,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $369,000
Market price range: $111k - $370k
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.3749
- Latitude
- 29.74
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA