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1806 Snake River Rd 2,800 SF 100% Leased Office Building Katy, TX 77449 $923,592 CAD ($329.85 CAD/SF) 5.55% Cap Rate
Investment Highlights
- ALSO OTHER OFFICES FOR SALE IN THE COMPLEX: 1050SF AT 285K AND 675SF AT 210K
Executive Summary
Whole office building leased. 3 TENANTS. $5100 rental income at month.
units A+B: reception, conference room, 4 offices with 1 bath. leased for $2000.
unit C: reception, conference room, 1 office, storage room
units A,B,C share a common area with a kitchen and 2 bathroom
unit D: reception, 2 offices with 1 bathroom
All units have independent entry from street. plenty unassign parking
2 tenants are month to month lease so either can be bought as investment or owner partial occupancy + rental income
units A+B: reception, conference room, 4 offices with 1 bath. leased for $2000.
unit C: reception, conference room, 1 office, storage room
units A,B,C share a common area with a kitchen and 2 bathroom
unit D: reception, 2 offices with 1 bathroom
All units have independent entry from street. plenty unassign parking
2 tenants are month to month lease so either can be bought as investment or owner partial occupancy + rental income
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$86,960
|
$31.06
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$86,960
|
$31.06
|
| Taxes |
$23,046
|
$8.23
|
| Operating Expenses |
$12,618
|
$4.51
|
| Total Expenses |
$35,663
|
$12.74
|
| Net Operating Income |
$51,296
|
$18.32
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $86,960 |
| Annual Per SF | $31.06 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $86,960 |
| Annual Per SF | $31.06 |
| Taxes (CAD) | |
|---|---|
| Annual | $23,046 |
| Annual Per SF | $8.23 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $12,618 |
| Annual Per SF | $4.51 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $35,663 |
| Annual Per SF | $12.74 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $51,296 |
| Annual Per SF | $18.32 |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
2,800 SF
Building Class
B
Year Built
2007
Price
$923,592 CAD
Price Per SF
$329.85 CAD
Cap Rate
5.55%
NOI
$51,259 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,800 SF
Building FAR
0.64
Lot Size
0.10 AC
Zoning
None
Parking
12 Spaces (4.29 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Earthgeo Energy LLC
- Construction
- -
- -
- -
- Houston Oil Metering Enterprise LLC
- Mining, Quarrying, and Oil and Gas Extraction
- -
- -
- -
- Social House Wellness Center
- Health Care and Social Assistance
- -
- -
- -
- Trak Engineering Inc
- Professional, Scientific, and Technical Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Earthgeo Energy LLC | Construction | - | - | - | ||
| Houston Oil Metering Enterprise LLC | Mining, Quarrying, and Oil and Gas Extraction | - | - | - | ||
| Social House Wellness Center | Health Care and Social Assistance | - | - | - | ||
| Trak Engineering Inc | Professional, Scientific, and Technical Services | - | - | - |
Moderately walkable
70/100
Very drivable
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 1274400190006 | Total Assessment | $272,477 CAD |
| Land Assessment | $37,881 CAD | Annual Taxes | $23,046 CAD ($8.23 CAD/SF) |
| Improvements Assessment | $234,595 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
1274400190006
Land Assessment
$37,881 CAD
Improvements Assessment
$234,595 CAD
Total Assessment
$272,477 CAD
Annual Taxes
$23,046 CAD ($8.23 CAD/SF)
Tax Year
2025
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1806 Snake River Rd
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