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480 North Belt 480 North Belt Fwy

101,510 SF 29% Leased Office Building Houston, TX 77060 For Sale

Executive Summary

Owner/user investment opportunity
• Currently 28.5% occupied, ideal for a corporate campus and/or alternative uses.
• Over $175,000 in capital improvements since 2020, including roof and HVAC improvements and building renovations.
• Diversified tenant base among industries, such as architecture, communications, logistics, and security.
• Immediate upside with lease up of many second-generation spaces.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
101,510 SF
Building Class
B
Year Built/Renovated
1982/2008
Percent Leased
29%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
35,000 SF
Slab To Slab
10’
Building FAR
0.50
Land Acres
4.69 AC
Opportunity Zone
Yes
Parking
250 Spaces (3.46 Spaces per 1,000 SF Leased)

Amenities

  • Atrium
  • Controlled Access
  • Conferencing Facility
  • Security System

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 100
  • 10,964-11,087 SF
  • Office
  • -
  • 30 Days

1 large conference room open bullpen for cubicles

  • 1st Fl-Ste 130
  • 2,290 SF
  • Office
  • Full Build-Out
  • Now

Conference Room and Vending/Break Room. Has six (6) window offices and a large interior room that may be used for a conference room or cubicles. Two (2) entries into this suite make it easily divisible.

  • 1st Fl-Ste 180
  • 1,791 SF
  • Office
  • -
  • Now

Open kitchen area. Five (5) offices & small bull-pen area. Interior courtyard suite. Visibility in building lobby. Back door exits to corridor hallway. (Currently on-site management office)

  • 2nd Fl-Ste 220
  • 5,856 SF
  • Office
  • -
  • Now

Large back office, full windows, great for training. This suite has private reception, three (3) window offices, three (3) interior Atrium view offices, large open cubicle area, workstation/file room, Conference Room, private interior restroom & shower.

  • 2nd Fl-Ste 231
  • 913 SF
  • Office
  • -
  • Now

Large back office, full windows, great for training.

  • 2nd Fl-Ste 233
  • 1,789 SF
  • Office
  • Shell Space
  • Now

Open space, build to suit

  • 2nd Fl-Ste 270
  • 14,864 SF
  • Office
  • -
  • Now
  • 3rd Fl-Ste 302
  • 3,966 SF
  • Office
  • -
  • Now
  • 3rd Fl-Ste 310
  • 928 SF
  • Office
  • Partial Build-Out
  • Now

928 SF

  • 3rd Fl-Ste 320
  • 12,527 SF
  • Office
  • -
  • Now

Large reception area with service counter/window, large bull-pen areas, built-out offices, server room, kitchen/break area. .

  • 3rd Fl-Ste 350
  • 2,980 SF
  • Office
  • -
  • Now

private reception area, kitchen, bullpen for cubicles

Space Size Space Use Condition Available
1st Fl-Ste 100 10,964-11,087 SF Office - 30 Days
1st Fl-Ste 130 2,290 SF Office Full Build-Out Now
1st Fl-Ste 180 1,791 SF Office - Now
2nd Fl-Ste 220 5,856 SF Office - Now
2nd Fl-Ste 231 913 SF Office - Now
2nd Fl-Ste 233 1,789 SF Office Shell Space Now
2nd Fl-Ste 270 14,864 SF Office - Now
3rd Fl-Ste 302 3,966 SF Office - Now
3rd Fl-Ste 310 928 SF Office Partial Build-Out Now
3rd Fl-Ste 320 12,527 SF Office - Now
3rd Fl-Ste 350 2,980 SF Office - Now

1st Fl-Ste 100

Size
10,964-11,087 SF
Space Use
Office
Condition
-
Available
30 Days

1st Fl-Ste 130

Size
2,290 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 180

Size
1,791 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 220

Size
5,856 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 231

Size
913 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 233

Size
1,789 SF
Space Use
Office
Condition
Shell Space
Available
Now

2nd Fl-Ste 270

Size
14,864 SF
Space Use
Office
Condition
-
Available
Now

3rd Fl-Ste 302

Size
3,966 SF
Space Use
Office
Condition
-
Available
Now

3rd Fl-Ste 310

Size
928 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

3rd Fl-Ste 320

Size
12,527 SF
Space Use
Office
Condition
-
Available
Now

3rd Fl-Ste 350

Size
2,980 SF
Space Use
Office
Condition
-
Available
Now

1st Fl-Ste 100

Size 10,964-11,087 SF
Space Use Office
Condition -
Available 30 Days

1 large conference room open bullpen for cubicles

1st Fl-Ste 130

Size 2,290 SF
Space Use Office
Condition Full Build-Out
Available Now

Conference Room and Vending/Break Room. Has six (6) window offices and a large interior room that may be used for a conference room or cubicles. Two (2) entries into this suite make it easily divisible.

1st Fl-Ste 180

Size 1,791 SF
Space Use Office
Condition -
Available Now

Open kitchen area. Five (5) offices & small bull-pen area. Interior courtyard suite. Visibility in building lobby. Back door exits to corridor hallway. (Currently on-site management office)

2nd Fl-Ste 220

Size 5,856 SF
Space Use Office
Condition -
Available Now

Large back office, full windows, great for training. This suite has private reception, three (3) window offices, three (3) interior Atrium view offices, large open cubicle area, workstation/file room, Conference Room, private interior restroom & shower.

2nd Fl-Ste 231

Size 913 SF
Space Use Office
Condition -
Available Now

Large back office, full windows, great for training.

2nd Fl-Ste 233

Size 1,789 SF
Space Use Office
Condition Shell Space
Available Now

Open space, build to suit

3rd Fl-Ste 310

Size 928 SF
Space Use Office
Condition Partial Build-Out
Available Now

928 SF

3rd Fl-Ste 320

Size 12,527 SF
Space Use Office
Condition -
Available Now

Large reception area with service counter/window, large bull-pen areas, built-out offices, server room, kitchen/break area. .

3rd Fl-Ste 350

Size 2,980 SF
Space Use Office
Condition -
Available Now

private reception area, kitchen, bullpen for cubicles

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1086220000002
Land Assessment
$1,225,194
Improvements Assessment
$1,090,482
Total Assessment
$2,315,676
  • Listing ID: 27780296

  • Date on Market: 2/17/2023

  • Last Updated:

  • Address: 480 North Belt Fwy, Houston, TX 77060

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