1415 Franklin St Houston, TX 77002-2146
This exceptional two-story executive office building, located at 1415 Franklin Street in Houston, Texas, 77002, offers a compelling investment opportunity. The 4,898 square foot building sits on a 5,000 square foot lot and boasts 8-9 parking spaces. Constructed in 1985, the property features a recently updated roof. Currently, the building is partially owner-occupied and partially leased, providing immediate income potential. The 2019 property taxes were $18,405.00. This prime location offers unparalleled convenience, situated just four blocks from Main Street and within walking distance of the Harris County Courthouse. Furthermore, its proximity to the Buffalo Bayou Beautification Project adds to its desirability. This well-maintained building presents a rare chance to acquire a thriving executive office space in a highly sought-after Houston location. The property's size, location, and existing lease agreements make it an attractive investment for discerning buyers. Serious inquiries are encouraged.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.