256 Ed English Dr Shenandoah, TX 77385
For Sale
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This exceptional 730-square-foot Class B office condo, built in 2016, presents a fantastic owner-user or investment opportunity. Located at 256 Ed English Drive, Suite A, Building 4, Shenandoah, TX 77385, this single-unit property boasts a prime location adjacent to the Portofino Shopping Center, offering convenient access to I-45, Research Forest, and Hwy 242 via the soon-to-be-completed Memorial Drive. The asking price is $225,000, translating to $308.22 per square foot. The property features two offices, a reception area, a restroom, and a small kitchen/breakroom. It's meticulously maintained and offers a quiet, clean work environment, ideal for a variety of businesses, including real estate, insurance, or other small professional offices. The property is zoned for commercial use and the occupancy date is June 1, 2024. Investors will appreciate the high demand for reasonably priced office space in this desirable location, ensuring strong potential returns. Easy access from multiple directions and convenient I-45 on/off ramps further enhance its appeal. This is a rare opportunity to acquire a well-maintained, conveniently located office condo in a thriving Texas community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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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.