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2909 Baldwin St Houston, TX 77006-3317

OFF-MARKET Investment properties Google Maps
2,000 SF 0.11 ac lot Built 1912
Entity Owned 20-yr Hold Absentee Owner
Estimated value (blended)
$400k
Range $360k – $440k (±10%)
Property ID US83-4104519

Property summary

AI-generated overview

This exceptional 2,300-square-foot office building, located at 2909 Baldwin Street in Houston, Texas, presents a unique opportunity. Situated in the vibrant Midtown neighborhood, this property enjoys convenient proximity to the Museum District and downtown Houston, offering easy access to major transportation arteries including I-10 and I-45. Originally constructed in 1912 and extensively renovated in 2012, this two-story building boasts a blend of historical charm and modern functionality. The building's classification as a Class B property reflects its well-maintained condition and attractive features. Its versatile design makes it suitable for a variety of uses, including executive offices, traditional office spaces, medical offices, creative offices, and even coworking arrangements. The single-tenancy structure provides privacy and control. Ample, secure parking is available for both employees and clients, adding to the property's overall appeal. Located in Harris County, zip code 77006, this property offers a compelling combination of location, functionality, and aesthetic appeal. The building's adaptability makes it an ideal investment for businesses seeking a prestigious and convenient location in the heart of Houston.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1912
Construction FRAME
Total area 2,000 SF
Lot 0.11 ac (5,001 SF)
APN 132240000007
UPID US83-4104519

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$400k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$400k

Owner & transaction history

since 2006
7 recorded transactions
2020
Price N/A
2020
Price N/A
2020
Price N/A
2020
Price N/A
2017
Price N/A
2017
Price N/A
2006
Price N/A

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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