617 Cole St 2,286 SF 100% Leased Office Building Webster, TX 77598 $475,000 ($207.79/SF)
INVESTMENT HIGHLIGHTS
- Situated on a Corner Lot
- Across the street from Houston Physician's Hospital
- Located in a thriving medical and office area
- Proximity to I-45
EXECUTIVE SUMMARY
The subject property is a freestanding office/retail building situated on the corner of Cole Street and Texas Avenue in Webster, Texas. This property offers a convenient location less than a mile from both Gulf Freeway (I-45) and Highway 3 (Old Galveston Road), providing excellent access to the area's most heavily traveled roadways. It is also in close proximity to Houston Physicians’ Hospital, HCA Houston Healthcare Clear Lake, and UTMB Health Clear Lake Campus Hospital, all part of the larger Clear Lake Medical Center, contributing to the strong medical presence. It is equally supported by a growing commercial industry in the area, including Great Wolf Lodge, Chicken N Pickle, Topgolf, and Academy Sports + Outdoors, among many others. The property is well-suited for a creative workspace, a boutique office, or a specialty business setting.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
2,286 SF
Building Class
C
Year Built/Renovated
1972/1990
Price
$475,000
Price Per SF
$207.79
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,286 SF
Building FAR
0.26
Lot Size
0.20 AC
Zoning
C-1 - First Commercial District
Parking
16 Spaces (7 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Courtyard
- Fenced Lot
- Security System
- Signage
- Kitchen
- Reception
- Wi-Fi
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 0943350000043 | Improvements Assessment | $248,242 |
| Land Assessment | $70,760 | Total Assessment | $319,002 |
