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Property profile & analytics

2315 Commerce St Houston, TX 77002-2365

  • Warehouses
  • 17,000 SF
  • 0.76 lot acres
OFF-MARKET
Value Estimation
Location Intelligence
Property ID
US83-3717002
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.

Current Use by Public Records

  • Zu Art Collective / Tattoo Shop / Tattoo Artist
  • Sarah Fulton photography / Photographer
  • Justin fulton tattoo / Tattoo Shop
  • Strangelove Studios / Tattoo Shop
  • Never Endz Tattoo Studio / Tattoo Shop / Tattoo Artist

Property Details for 2315 Commerce St

Year built
1939
Construction
CONCRETE BLOCKS
Lot size
0.76 lot acres
Property size
17,000 SF
Property type
Warehouses
APN
371440000003
APU
371440000003

Description

This exceptional investment opportunity presents two adjacent buildings totaling 44,610 square feet on a 1.439-acre lot in Houston's vibrant EaDo district. The property, comprised of a one- and two-story building (2315 and 2327 Commerce Street), offers a mix of executive and creative office spaces, currently boasting 95% occupancy. Built between 1921 and 1939, and extensively renovated between 2015 and 2016, the buildings feature attractive loft-style spaces with exposed steel and wood, high ceilings (up to 17 feet), and 81 surface parking spaces. The property benefits from a prime location on a major thoroughfare, close to employment centers, entertainment, and residential development, including the East River master-planned project. The current Net Operating Income (NOI) is $816,538, yielding a 9.10% cap rate at an asking price of $8,950,000. The property is not located in a flood zone. This presents a compelling opportunity for investors seeking a high-performing asset in a rapidly growing area of Houston. The diverse tenant base includes office users, retail businesses, and creative firms, ensuring consistent rental income and growth potential. The historical significance of the buildings has been carefully preserved during the renovation process, resulting in unique and desirable spaces.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Houston
County
Harris
State
Texas
Longitude
-95.3479
Latitude
29.7573
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
2023
$47,392
$1,154,790
$1,287,381
$2,442,171
-
$1,154,790
$1,287,381
$2,442,171
More about this property
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