500 Durham DrHouston, TX 77007

Property Details for 500 Durham Dr

Year built

2003

Construction

METAL FRAME

Lot size

0.20 AC

Property size (Sq ft)

5,014 SF

Property type

Office buildings

APN

1239600010001

APU

1239600010001

Description

This exceptional 4,888 square foot commercial property, located at 500 Durham Drive in Houston, Texas, presents a unique opportunity for businesses seeking a versatile and well-situated office space. The property is classified as both Traditional and Creative Office space, offering flexibility for a wide range of business needs. Situated in Harris County, with a 77007 zip code, this single-tenant building provides ample space for a growing company or a business seeking a prominent location. The building's total square footage is 4,888 square feet, offering a generous amount of space for offices, work areas, and potential additional amenities. The property type is listed as Retail and Office, suggesting potential for a variety of uses, subject to local zoning regulations. Its location in Houston offers easy access to major transportation routes, providing convenient commutes for employees and clients. The property's address is 500 Durham Dr, Houston, TX 77007, with GPS coordinates of 29.7670195 latitude and -95.410221 longitude. This property is an excellent choice for businesses seeking a well-maintained, spacious, and conveniently located office in a thriving Texas market. Interested parties should conduct their own due diligence regarding zoning and permitted uses.

• CAP approach

  CAP return

  Valuation

  6%

  $1,026,876

  6.5%

  $947,885

  7%

  $880,179

• Comparable approach

  Method

  Valuation

  Relative Method

  $741,116

  Geo Method

  $1,501,142

• Alternative Use

  Use

  Valuation

  Residential

  $1,175,378

  Hospitality

  $1,076,640

  Educational

  $895,751

  Medical

  $926,558

  Retail

  $1,393,391

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.767

Longitude

-95.4103

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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