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    Property profile & analytics
    OFF-MARKET Estimated value $550,000
    Office buildings

    411 Durham Dr, Houston, TX 77007-7240

    14,600 SF 0.57 ac lot Built 1972
    Individually Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US82-3095011
    Property summary
    AI-generated overview

    This exceptional 14,600-square-foot mixed-use building presents a unique investment opportunity in Houston's vibrant Rice Military neighborhood. Located at 411 Durham Drive, 77007, this single building offers five suites, with a minimum divisible space of 2,800 square feet and the potential to lease the entire 14,600 square feet contiguously. The property's flexible layout caters to a variety of businesses, allowing for both office and retail configurations. Imagine establishing your business in a prime location with easy access to major thoroughfares including Durham Drive, Shepherd Drive, Memorial Drive, and Allen Parkway. The building's central location provides excellent visibility and accessibility for both employees and clients. This is an ideal opportunity for businesses seeking a stylish and functional space in a thriving Houston community. The property is classified as Retail and Office, and is suitable for redevelopment, offering significant potential for customization and expansion. The building's location in Harris County, Texas, ensures a strategic position within a dynamic and growing market. This is a rare chance to secure a prominent presence in a highly sought-after area. Contact us today to learn more about this exceptional property and explore the possibilities it offers.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1972
    Construction STEEL FRAME
    Total area 14,600 SF
    Lot 0.57 ac (24,999 SF)
    APN 71940000009
    UPID US82-3095011
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $485k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $612k
    Blend (final) Blend
    $550k
    Owner & transaction history
    Family Service Foundation Of Housto · 1 yrs held
    Family Service Foundation Of Housto
    since 2024
    4 recorded transactions
    2024
    2022
    2000
    1997
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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