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Property profile & analytics
OFF-MARKET
Office buildings

14340 Memorial Dr Houston, TX 77079-6707

12,298 SF 0.92 ac lot Built 1975
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US82-3457299
Property summary
AI-generated overview

This single-story, 12,214 square foot office building at 14340 Memorial Drive in Houston, Texas, offers versatile space ideal for various businesses. Located in the desirable West Houston, Memorial Area, and Energy Corridor submarket (zip code 77079), this Class C property boasts a prime location with high visibility and easy access to major highways. Built in 1975 and extensively renovated in 2020, the building features 14-foot ceilings and offers multiple suites ranging from 414 to 1,812 contiguous square feet, with a total of 8 suites. Currently, 1,812 square feet are vacant. The property sits on a 40,027 square foot lot and includes 44 parking spaces, including secure rear parking and handicap-accessible spaces. The building is fully ADA compliant. This is a triple net (NNN) lease opportunity, situated near a major anchor store, ensuring high foot traffic. The property is perfect for traditional, executive, medical, or creative office uses. This location benefits from the dynamic growth of the Energy Corridor and offers all the amenities necessary for business success. Don't miss this chance to establish your business in this vibrant commercial hub.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1975
Construction BRICK
Total area 12,298 SF
Lot 0.92 ac (40,027 SF)
APN 1050700000003
UPID US82-3457299
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
Current use
Occupant on record · Public records
  • Berkshire Hathaway HomeServices Premier Properties Real Estate Agency
  • Rock Mortgage Houston | Rock Mortgage Services LP Loan Service Bank
  • Caliber Land Management, LLC Oilfield
  • Melissa Gibbens Aesthetics and Wellness Spa & Massage Center Alternative Medicine Practice
  • Best mortgage lender in Houston Texas | Fatima Rodriguez Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Mem Local LLC · 6 yrs held
Mem Local LLC
since 2020
7 recorded transactions
2020
Price N/A
2019
Price N/A
2018
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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