Financial
Distress signals
Property profile

700 Louisiana St Houston, TX 77002

FOR LEASE
Office buildings
Property ID
US83-3717058
1,321,033 SF 1.46 ac lot Built 1983
Last sale Sep 2017
Individually Owned Owner of record is an individual. 20-yr Hold Held for 20 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 10,000-square-foot restaurant space presents a unique opportunity in Houston's vibrant Theatre District. Situated at 700 Louisiana Street, in Harris County, Texas, zip code 77002, this single-tenant property boasts a prime street-level location within a landmark building. The address offers unparalleled visibility and accessibility, placing your establishment at the heart of the city's cultural scene. The space is ideally suited for a high-volume restaurant concept,

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$6.22M
Tax billed · 2022
Assessed value$274.44M
Assessed land$31.75M
Assessed improvement$242.69M
Effective rate2.26%

Value estimate

· Sep 2026
$35.70M
$32.13M – $39.27M
NOI build-up
Gross scheduled income$8.01M
Vacancy & credit loss−$400k
Operating expenses−$1.90M
NOI · 20,748,854.55% cap applied$5.71M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
20,748,854.55%
$5.71M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionHARRIS

Location intelligence

Which uses thrive at this corner?
Best fit: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service10.7
Mobile Phone Store11.8
Laundromat10.8

Location

700 Louisiana St Houston, TX 77002
County assessor Recorded deeds · 2 transfers Comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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