617 Caroline St Houston, TX 77002-3538
This exceptional commercial property located at 617 Caroline Street in the heart of downtown Houston presents a unique investment opportunity. The building offers a substantial 18,163 square feet of office space, ideal for a single tenant seeking a prominent location. The property is classified as both office and land, offering potential for future development or expansion. Given the "Single Tenancy" designation, this property is perfect for a business seeking a large, self-contained space. The absence of a listed total building square footage suggests the potential for significant customization and adaptation to suit a wide range of business needs. Its central downtown Houston location provides unparalleled access to major transportation arteries, amenities, and a thriving business community. This presents a rare chance to acquire a substantial, well-situated commercial property in a highly desirable area. The property's potential is further enhanced by its classification as both office and land, opening doors to various development possibilities. Serious inquiries are encouraged to explore the full potential of this significant commercial real estate offering. The property's size and location make it an attractive proposition for businesses seeking a strong presence in the dynamic Houston market. Further details regarding zoning and potential development options are available upon request. This is a prime opportunity to secure a substantial and strategically located commercial property in the heart of Houston's business district.
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1920 Investments LLC Financial Advisor
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Roshan Moayed Photography Photography Service (Bike/Boat/Book/etc) Store
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Zarinkelk Engineering Services Inc Civil Engineer Structural Engineer
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Franchise Companies LLC Consultant
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L. D. Cowart & Associates Law Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.