Lone Star Place$30.71 – $37.39/SF/yr FS
309 Richmond Ave
331,300 SF office building at 309 Richmond Ave, Houston, TX 77046. For Sale through the owner.
For SaleStatus
$36.29/SFAsking rent
$69.98MAsking price
8.32%Cap rate
1938Year built
AClass
Property facts
| Property type | Office |
|---|---|
| Building class | A |
| Rentable area | 331,300 SF |
| Stories | 24 |
| Year built | 1938 |
| Renovated | 2008 |
| Typical floor | 13,804 SF |
| Lot size | 1.43 acres |
| Parking ratio | 3.8/1,000 SF |
| Occupancy | 100.0% |
| Zoning | IL |
| Parcel ID | 61-783-9504 |
| Submarket | Greenway Plaza |
| Market | Houston |
| Walk Score | 80 |
| Transit | Commuter rail 8 min |
| Listing package | Basic |
Building amenities
Signage, LEED Gold, Bike Storage, Property Manager on Site, Banking, Concierge
Major tenants
| Tenant | Industry | Floor | SF | Lease expiry |
|---|---|---|---|---|
| Zephyr Aerospace | Energy | 15 | 55,390 | 2029-02-01 |
| Juno Software | Energy | 9 | 48,070 | 2027-07-01 |
| Pecos Drilling Services | Legal | 20 | 27,820 | 2025-08-01 |
Sale history
| Date | Price | $/SF | Cap rate | Buyer | Seller |
|---|---|---|---|---|---|
| 2022-08-19 | $18.96M | $57.24 | 5.96% | Yellowstone Property Fund | Marlowe Family Office |
| 2017-09-01 | $46.1M | $139.15 | 4.59% | Bellhaven Properties | Brazos River Holdings |
Public record
| Owner of record | Permian Basin Properties LLC |
|---|---|
| Assessed value | $98.67M |
| Land value | $23.7M |
| Improvement value | $74.97M |
| Annual tax | $2.07M |
| Tax year | 2026 |
| Lot size | 62,290 SF |
| Last deed | 2022-09-18 |
| Deed type | Warranty Deed |
| Legal description | LOT 20 BLK 750 GREENWAY PLAZA ADDN |
Location
309 Richmond Ave
Houston, TX 77046
Greenway Plaza submarket · Houston market
29.74189, -95.41499
Open in RealStarListing package
Basic — Standard placement below paid listings.
Free listing on RealStarGlobal.com with core building facts, six photos and direct broker contact.
Compare packages →Similar office properties in Houston, TX
Guadalupe Center$23.67 – $28.82/SF/yr FS
1607 Richmond Ave$28.30 – $34.45/SF/yr FS
Enterprise Square$21.52M · 6.68% cap
160 Preston Rd$104.99M · 7.10% cap
128 Las Colinas Blvd$29.36 – $35.75/SF/yr FS
Explore this market
Office for lease in HoustonOffice for sale in HoustonAll CRE in HoustonHouston market reportHouston brokersOffice Spaces nationwide
Property-level inventory shown here is RealStarGlobal sample data generated for product demonstration; live market activity, deal flow and news are sourced from the Acquirepad CRE intelligence feed and the public registries listed in the data sourcing plan.