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33298480
33298487

2420 KARBACH ST, HOUSTON, TX 77092-8006

OR
TX 0534431
The AskOzzie.com Real Estate
Listed by The AskOzzie.com Real Estate
$599,990
3 days on market
Updated 3 days ago

2420 KARBACH ST HOUSTON TX 77092-8006

Details
APN 0641870000131
Property Type Land, Office (+1)
Sub Type Commercial, Industrial (+1)
Square Footage 3,746
Units 8
Tenancy Single
Class C
Year Built 1940
Stories 2
Lot Size (SqFt) 17,578
Parking Spaces spaces
Investment Type Value Add
Ground Lease No
Sale Condition For sale by owner

Freestanding 3,746 SF Building on 13,000 SF Lot | Office Conversion Opportunity Offered @ $133/SF

Marketing description

AEA Realty is pleased to present 2420 Karbach Street, a rare owner-user and value-add investment opportunity located in the heart of Northwest Houston. Situated on a 13,000 SF lot, this freestanding 3,746 SF building offers exceptional adaptive reuse and repositioning potential within a predominantly commercial market area.

Currently improved as a residential property, the building provides a unique opportunity to acquire a large freestanding asset at approximately $160 per square foot, well below the cost of developing a comparable building in today’s market. The first floor offers substantial usable square footage with multiple rooms and flexible layout options, while the second floor remains in shell condition, allowing a future owner to customize the space to meet specific operational needs.

The property features approximately eight on-site parking spaces and enjoys convenient access to Highway 290, Loop 610, Hempstead Highway, Oak Forest, Garden Oaks, The Heights, and Downtown Houston. Its strategic location may support future conversion to professional office, medical administrative use, counseling, headquarters, or other commercial-oriented uses, subject to buyer due diligence, zoning requirements, and any necessary governmental approvals.

Offered at $599,990, the property represents a below-replacement-cost acquisition with significant upside through renovation, repositioning, and potential office conversion. With its large building footprint, oversized site, existing infrastructure, and flexible layout, 2420 Karbach Street presents a compelling opportunity for an owner-user or investor to create value while establishing a presence in one of Houston’s most accessible business corridors.

Investment highlights

Below Replacement Cost Acquisition

Acquire a 3,746 SF freestanding building at approximately $160/SF, significantly below the cost of developing a comparable building in today's market.

Office Conversion & Adaptive Reuse Potential

Currently improved as a residential property, the existing layout may provide a strong foundation for future conversion to professional office or other commercial uses, subject to buyer due diligence, zoning requirements, and any necessary governmental approvals.

Large 13,000 SF Site

Oversized lot provides flexibility for parking, storage, outdoor workspace, future expansion, and enhanced site functionality.

3,746 SF Freestanding Building

Rare opportunity to acquire a stand-alone building with complete operational control and strong property identity.

Value-Add Upside

Second-floor shell space offers a unique opportunity to customize and build out additional usable area tailored to a user's specific operational requirements.

Strategic Northwest Houston Location

Located within a predominantly commercial market area with convenient access to:

  • US Highway 290
  • Loop 610
  • Hempstead Highway
  • Oak Forest
  • Garden Oaks
  • The Heights
  • Downtown Houston

Existing On-Site Parking

Approximately 8+ parking spaces already available, reducing future improvement costs and supporting a variety of potential uses.

Flexible Future Use Potential

Potential uses may include, subject to buyer verification and any required approvals:

  • Law Firms
  • CPA Firms
  • Insurance Agencies
  • Engineering Firms
  • Construction Companies
  • Real Estate Brokerages
  • Title Companies
  • Counseling & Therapy Practices
  • Medical Administrative Offices

Owner-User Value Creation Opportunity

Acquire, renovate, and occupy a property with the potential to create significant value through repositioning, renovation, and stabilization.

Rare Infill Houston Opportunity

Large buildings on oversized sites within Houston's urban core are becoming increasingly difficult to acquire at this price point..

Listing Contacts

OR
TX 0534431
The AskOzzie.com Real Estate
Listed by The AskOzzie.com Real Estate

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Additional Information

Name
Ozzie Ramirez
License
0534431
Brokerage Phone
281-968-8444
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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