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2331 University Blvd Houston, TX 77005

OFF-MARKET Retail properties & Spaces Google Maps
1,155 SF
Estimated value
No estimation on file for this property yet.
Property ID US82-3136588

Property summary

AI-generated overview

This exceptional 1,155 square foot freestanding building presents a unique opportunity in the vibrant Rice Village area. The property is ideally suited for a variety of uses, including retail or office space, thanks to its prime location and high visibility. The building boasts attractive hardwood floors throughout and offers excellent accessibility with seven on-site parking spaces. Its single-tenancy configuration provides a private and efficient workspace. The building's classification as a Creative Office and Storefront highlights its versatility and adaptability to diverse business needs. The high traffic counts in Rice Village ensure significant exposure for any tenant. Furthermore, there is the potential to add an additional 375 square feet of space via an available garage apartment, providing flexibility for expansion or specialized needs. This property is a rare find, combining prime location, ample parking, and a desirable building layout in a highly sought-after Houston neighborhood. The building's size and features make it an attractive option for businesses seeking a prominent presence in a thriving commercial district. The combination of retail and office suitability ensures a wide range of potential tenants. Don't miss this chance to secure a remarkable space in the heart of Rice Village.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,155 SF
UPID US82-3136588

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Logistics Company

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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