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