The Tape Building 1500 Old Spanish Trl
54,000 SF Vacant Office Building Houston, TX 77054 For Sale
EXECUTIVE SUMMARY
1500 Old Spanish Trail is a 21.34 acre site under redevelopment that includes the TAPE Building, a 54,000 SF facility that is poised for a full life sciences and mixed use redevelopment. The site is located only a few blocks south of the TMC and Helix Park.
PROPERTY FACTS
Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Building Size
54,000 SF
Building Class
C
Year Built
1981
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
27,000 SF
Building FAR
0.70
Lot Size
1.77 AC
Opportunity Zone
Yes
Zoning
None - none
Parking
478 Spaces (2 Spaces per 1,000 SF Leased)
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Shell office/medical space.
Office/medical space in shell condition.
Space | Size | Space Use | Condition | Available |
1st Floor | 27,000 SF | Office/Medical | Shell Space | Now |
2nd Floor | 27,000 SF | Office/Medical | Shell Space | Now |
1st Floor
Size |
27,000 SF |
Space Use |
Office/Medical |
Condition |
Shell Space |
Available |
Now |
2nd Floor
Size |
27,000 SF |
Space Use |
Office/Medical |
Condition |
Shell Space |
Available |
Now |
PROPERTY TAXES
Parcel Number | 1040840000001 | Improvements Assessment | $940,264 |
Land Assessment | $55,779,960 | Total Assessment | $56,720,224 |