- Near Downtown Houston and the Arts District
- Historic building with renovated amenities
- Starting bid $2,350,000
- Near Downtown Houston and the Arts District
- Historic building with renovated amenities
- Starting bid $2,350,000
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Houston is a significant city for commercial real estate investing, as it's the largest city in Texas and plays a crucial role in the global economy with its diverse economy. The city's commercial real estate scene benefits from a wide transport network, top educational facilities such as the University of Houston and Rice University, and its location close to Galveston Bay and the Gulf of Mexico. These factors make Houston an appealing place for commercial real estate, with 2,029 listings that offer a strong infrastructure, skilled labor force, and a prime location in the Texas Triangle. The focus on sectors like energy, aeronautics, and healthcare, along with the Port of Houston's role in international trade, adds to the attractiveness of investing in commercial real estate in the city.
In Houston's active environment, commercial real estate is supported by the city's comprehensive infrastructure and status as a center for international business and healthcare innovation. These properties are well-located, providing easy access to key highways, airports, and the Port of Houston, which enhances trade and connectivity. Industrial properties in Houston are suitable for businesses in manufacturing and logistics, taking advantage of the city's large area and transport networks. Apartment buildings give investors opportunities in the city's increasing population and demand for housing near job centers and educational institutions. Office spaces and hotels in Houston serve a diverse workforce and a strong tourism industry, with attractions like the NASA Johnson Space Center and various cultural institutions. These types of properties highlight Houston's economic diversity and potential for growth, confirming its position as an excellent location for real estate investment. For those investors seeking a "like-kind" property for a 1031 exchange, Houston offers suitable options.
Commercial Real Estate Size | Square Feet |
---|---|
Maximum | 900,000 SF |
Average | 31,618 SF |
Minimum | 307 SF |
Commercial Real Estate Cap Rate | Cap Rate Percentage |
---|---|
Maximum | 25% |
Average | 6.85% |
Minimum | 1% |
Commercial Real Estate Price | Price Per SF |
---|---|
Maximum | $106,667 Per SF |
Average | $383 Per SF |
Minimum | $7 Per SF |
Commercial Real Estate Metric | Summary Value |
---|---|
Avg Size | 31,618 SF |
Avg Price Per Square Foot | $383 |
Avg Cap Rate | 6.85% |
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