713-515-5001
480 North Belt Fwy, Houston, TX for Sale
Office - FOR SALE
1/6
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480 North Belt Fwy
Houston, TX 77060
Greater Greenspoint


OVERVIEW

Data center investment opportunity • Nearly vacant building (currently 18.80% occupied) that can quickly be developed into a +/- 3.5 MW data center with potential to grow to +/- 8.5 MW, with significantly reduced lead times compared to ground-up construction. • Existing power infrastructure and building systems significantly reduce capital expenditure versus new development, accelerating the path to stabilized returns. • Opportunity to acquire an almost vacant asset at a discount to replacement cost and unlock value through conversion into a high-demand use. • Well-suited for a variety of high-value alternative uses including a corporate campus, call center, or other commercial applications, offering investors multiple exit and leasing strategies • Over $175,000 in capital improvements since 2020, including roof and HVAC improvements and building renovations.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

480 North Belt

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

250

LAND DETAILS

LAND ACRES

4.69 AC

LAND SF

204,296 SF

ZONING

-

APN/PARCEL ID

1086220000002

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Darrell L. BettsAvison YoungMore Info
713-515-5001

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Darrell L. BettsAvison YoungMore Info
713-515-5001

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.