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    Property profile & analytics
    OFF-MARKET Estimated value $4,525,000
    Office buildings

    15840 Fm 529th Rd, Houston, TX 77095-2565

    44,348 SF 2.43 ac lot Built 1985
    Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US82-2095732
    Property summary
    AI-generated overview

    This exceptional three-story office building, located at 15840 FM 529 in Northwest Houston, presents a compelling investment opportunity. Situated on 2.4 acres at the northeast corner of FM 529 and Lakeview Haven Drive, this Class B property offers convenient access to US 290 and Beltway 8. Built in 1986, the building encompasses 42,621 square feet and features 32 individual suites, with five currently available, ranging from 726 to 7,489 square feet. The property boasts a 76.44% occupancy rate, providing immediate cash flow potential. Ample surface parking is available, with a generous parking ratio of 3.1 spaces per 1,000 square feet. The building includes elevators for convenient access to all three floors. This traditional office building presents a strong value proposition for investors seeking a well-located, established property in a thriving Houston submarket. The property's strategic location and existing tenant base make it an attractive investment opportunity with significant upside potential. The multiple suite availability allows for flexibility in tenant mix and lease terms. This is a rare opportunity to acquire a well-maintained, established office building in a high-demand area of Houston.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1985
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 44,348 SF
    Lot 2.43 ac (105,851 SF)
    APN 1147590000005
    UPID US82-2095732
    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
    • TS SF Insurance Agency
    • Goosehead Insurance - DeGuise Agency Insurance Agency
    • Goosehead Insurance - Your Insurance Girlfriend Agency Insurance Agency
    • Village West Association / Organization
    • United MSG Logistics Company
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $3.58M
    Blend (final) Blend
    $4.53M
    Owner & transaction history
    Hartman Spe LLC · 7 yrs held
    Hartman Spe LLC
    since 2018
    7 recorded transactions
    2018
    2015
    2013
    1998
    1997
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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