Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1300 Bay Area Blvd Houston, TX 77058
    Back to Search
    Property profile & analytics

    1300 Bay Area Blvd Houston, TX 77058

    View on Map
    • Commercial real estate
    • 0.60 lot acres
    For Lease
    View Listing →
    Professional Office Space Available For Lease
    Contact for pricing

    Professional Office Space Available

    Recently renovated office building in Clear Lake area.

    1300 Bay Area Blvd, Houston, TX 77058
    View Listing
    Property ID
    US82-3018324
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Debbie Grammas, Ph.D. / Psychotherapist / Marriage Or Relationship Counselor
    • Victory Therapy Services, PLLC / Marriage Or Relationship Counselor / Family Counselor
    • Louise Ribeiro Presley, LCSW, PhD / Psychotherapist
    • All EDI / Marketing & Advertising / (Bike/Boat/Book/etc) Store
    • Charles Kingsbury Law Firm / Law Firm

    Property Details for 1300 Bay Area Blvd

    Lot size
    0.60 lot acres
    Property type
    Commercial real estate
    APN
    1004600000005
    APU
    1004600000005

    Description

    This two-story, 71,380-square-foot Class C office building at 1300 Bay Area Blvd in Houston, TX 77058 offers a variety of traditional office, executive office, and coworking spaces. Built in 1968 and renovated in 1989, the property boasts a recently updated exterior and an impressive lobby. Available space ranges from a minimum of 189 square feet to a maximum contiguous space of 3,213 square feet, with a total of 12,228 square feet currently vacant. The building features ample parking (8.39 spaces per 1,000 square feet), on-site property maintenance, and security cameras with video surveillance. Many suites offer views of the landscaped grounds. Its convenient location in the Clear Lake / NASA submarket, just off I-45 and NASA Road 1, provides easy access to the Johnson Space Center (NASA), Baybrook Mall, and Clear Lake Regional Medical Center. The property accommodates multiple tenants and is ideal for businesses seeking flexible and well-maintained office space in a desirable Houston location. The building consists of one building with multiple tenants.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.1149
    Latitude
    29.5593
    CBSA code
    26420
    CBSA name
    HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $4,760
    $781,414
    $10,543
    $791,957
    -
    $781,414
    $10,543
    $791,957

    Comparable in this City

    • Value Estimation by Request
      55,513 SF

      El Camino Real And Bay Area Blvd

      Lifestyle centers • 55,513 SF
      0 El Camino Real And Bay Area Blvd, Houston, TX 77058
      View Details
    • Value Estimation by Request
      4.61 Acres

      Abbeywood Dr

      COMMERCIAL (GENERAL) • 4.61 Acres
      Abbeywood Dr, Houston, TX 77058
      View Details
    • Value Estimation by Request
      0.18 Acres

      17150 El Camino Real

      COMMERCIAL (GENERAL) • 0.18 Acres
      17150 El Camino Real, Houston, TX 77058-2738
      View Details
    • Value Estimation by Request
      0.12 Acres

      950 Gemini St

      COMMERCIAL (GENERAL) • 0.12 Acres
      950 Gemini St, Houston, TX 77058-2730
      View Details
    • Value Estimation by Request
      1.19 Acres

      100 Cyberonics Blvd

      COMMERCIAL (GENERAL) • 1.19 Acres
      100 Cyberonics Blvd, Houston, TX 77058-5000
      View Details
    • Value Estimation by Request
      5.00 Acres

      Space Park At Upper Bay Drive

      Land • 5.00 Acres
      0 Space Park At Upper Bay Drive, Houston, TX 77058
      View Details

    Similar Nearby for Sale

    • $3,000,000
      17,250 SF

      Houston Office Building For Sale

      Single-story office building near NASA, suitable for SBA loan.
      16850 Diana Ln, Houston, TX 77058
      View Details
    • Contact for pricing

      Nassau Bay Office Space Available

      102,000 SF office space available for lease, to be built.
      18051 Saturn Ln, Houston, TX 77058
      View Details
    • $2,500,000

      Clear Lake Professional Office Building

      Two-story office building with flexible space and strong cashflow.
      17041 El Camino Real, Houston, TX 77058
      View Details
    • $2,987,464

      Freestanding Detox and Treatment Center

      37-bed detox and residential treatment center in Clear Lake City.
      17300 Mercury Dr, Houston, TX 77058
      View Details
    • Contact for pricing
      55,513 SF

      Clear Lake Retail Opportunity

      Divisible retail space with ample parking and high ceilings.
      16811 El Camino Real, Houston, TX 77058
      View Details
    • Contact for pricing
      65,818 SF

      Stabilized Office Investment Opportunity

      Investment grade tenancy in a 65,818 SF office building.
      2222 Bay Area Blvd, Houston, TX 77058
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      9,077 SF

      Office Space Near Space Center

      Available office space across from Space Center Houston.
      18050 Saturn Ln, Houston, TX 77058
      View Details
    • Contact for pricing
      7,880 SF

      Renovated Office Space Available

      Multi-tenant office buildings in the NASA/Bay Area submarket.
      17625 El Camino Real, Webster, TX 77058
      View Details
    • Contact for pricing

      Medical/Office Space Near NASA

      68,107 SF available near NASA Space Center.
      18505 Saturn Ln, Houston, TX 77058
      View Details
    • Contact for pricing

      Clear Lake City Office Building

      Four-story office building in Clear Lake City available for lease.
      16902 El Camino Real, Houston, TX 77058
      View Details
    • Contact for pricing

      Professional Office Space Available

      Professional office building with atrium lobby in Clear Lake.
      1100 E Nasa Pkwy, Houston, TX 77058
      View Details
    • Contact for pricing

      1740 E NASA Pkwy, Houston, TX 77058

      Retail space
      1740 E Nasa Pkwy, Houston, TX 77058
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1300 Bay Area Blvd
    Houston, TX 77058
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1300 Bay Area Blvd, Houston, TX, 77058
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!