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    2425 Fountain View Dr Houston, TX 77057
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    Property profile & analytics

    2425 Fountain View Dr Houston, TX 77057

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    • Office buildings
    • 59,250 SF
    • 1.47 lot acres
    For Lease
    $815,000
    View Listing →
    Boutique Office Building For Rent For Lease
    $815,000

    Boutique Office Building For Rent

    Boutique office building in San Felipe/Voss area near Uptown.

    2425 Fountain View Dr, Houston, TX 77057
    View Listing
    Property ID
    US82-3451948
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Spectec / (Bike/Boat/Book/etc) Store / Corporate Office
    • Alan Schneider, LCSW, LPC, LMFT, CGP, BCD. / Counselor / Social Worker
    • Houston Inspection Field Services / Home Inspector
    • Terra Nova Consulting, Inc. / Corporate Office
    • Cavilu Construction / General Contractor

    Property Details for 2425 Fountain View Dr

    Year built
    1978
    Construction
    STEEL FRAME
    Lot size
    1.47 lot acres
    Property size
    59,250 SF
    Property type
    Office buildings
    APN
    990770000002
    APU
    990770000002

    Description

    2425 Fountain View Drive in Houston, Texas, presents a unique opportunity for businesses seeking executive office space. This three-story building, totaling 57,525 square feet, offers multiple tenancy options ranging from 955 square feet to the currently available 11,566 square feet of vacant space. Built in 1978 and situated on a 64,033 square foot lot, the property boasts a convenient location in the desirable San Felipe/Voss area, close to Uptown and the Galleria. The building features secure parking, a significant advantage for employees and clients. Recent improvements have enhanced the lobby and common areas, creating a modern and welcoming atmosphere. On-site ownership and management ensure efficient building operations and responsive tenant support. The surrounding area is vibrant, offering a wealth of nearby shops, restaurants, and retail centers, providing convenience and amenities for tenants and their employees. This executive office building provides a blend of classic charm and modern updates, making it an ideal location for businesses seeking a prestigious and functional workspace in a thriving Houston neighborhood. The property's zip code is 77057.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.4841
    Latitude
    29.7395
    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
    2022
    $119,352
    $2,890,125
    $2,639,414
    $5,529,539
    -
    $2,890,125
    $2,639,414
    $5,529,539

    Comparable in this City

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      $1,540,000
      194,650 SF

      2000 Bering Dr, Unit 647

      SKYSCRAPER/HIGH-RISE (COM OFFICES) • 194,650 SF
      2000 Bering Dr, Houston, TX 77057-3746
      View Details
    • Value Estimation
      $1,240,000
      119,168 SF

      5850 San Felipe St, Unit 200

      SKYSCRAPER/HIGH-RISE (COM OFFICES) • 119,168 SF
      5850 San Felipe St, Houston, TX 77057-3070
      View Details
    • Value Estimation
      $710,000
      41,024 SF

      6101 Swsw Fwy

      OFFICE BUILDING • 41,024 SF
      6101 Swsw Fwy, Houston, TX 77057-7360
      View Details
    • Value Estimation by Request
      2,888 SF

      5827 Star Ln

      OFFICE BUILDING • 2,888 SF
      5827 Star Ln, Houston, TX 77057-7115
      View Details
    • Value Estimation by Request
      11,840 SF

      3333 Bering Dr

      OFFICE BUILDING • 11,840 SF
      3333 Bering Dr, Houston, TX 77057-6703
      View Details
    • Value Estimation
      $1,135,000
      97,416 SF

      6220 Westpark Dr

      OFFICE BUILDING • 97,416 SF
      6220 Westpark Dr, Houston, TX 77057-7371
      View Details

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      Houston Retail/Industrial Corner Property

      High-visibility commercial property in Houston's Galleria/Uptown area.
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      View Details
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      Commercial Land Near Galleria Area

      Commercial land with easy access to major Houston freeways.
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    Similar Nearby for Lease

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      Six-Story Office Building For Rent

      Located on Voss, easy access to major Houston freeways.
      2323 S Voss Rd, Houston, TX 77057
      View Details
    • Contact for pricing

      Richmond Avenue Multi-Tenant Office Building

      46,700 SF office building with easy highway access.
      6363 Richmond Ave, Houston, TX 77057
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      Renovated Office Building Near Galleria

      Extensively renovated office building with convenient access and nearby amenities.
      2401 Fountain View Dr, Houston, TX 77057
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      Professional Office Building For Lease

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      Renovated Office Building in Tanglewood

      Recently renovated office building in a highly desirable location.
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      Office Building Near Galleria

      Office building with easy highway access and high-traffic frontage.
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      View Details
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    Houston, TX 77057
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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