11780 Fm 1960 RdHouston, TX 77065

Property Details for 11780 Fm 1960 Rd

Year built

1995

Construction

STEEL FRAME

Lot size

5.75 AC

Property size (Sq ft)

40,127 SF

Property type

Medical offices

Property subtype

Medical centers

APN

1153800010001

APU

1153800010001

Description

This exceptional 1,500-square-foot executive office space is available for lease in a well-established commercial center located at 11780 FM 1960 in Houston, Texas, zip code 77065. Situated in the desirable Cypress/FM 1960 West submarket of Harris County, this single-tenant property offers a fantastic opportunity for businesses seeking a prominent location. Built in 1995, the entire space is currently vacant and ready for immediate occupancy. The property is classified as both retail and office, making it versatile for a range of professional uses. Its convenient location on FM 1960 and Fallbrook provides excellent visibility and accessibility for clients and employees. The property's 1,500 square feet offer ample space for a variety of office configurations, allowing businesses to tailor the layout to their specific needs. This is an ideal opportunity to establish a thriving business in a high-traffic area with strong potential for growth. The property's single-tenant status ensures privacy and control over the entire space. Interested parties are encouraged to inquire further to explore this exceptional leasing opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $8,218,076

  6.5%

  $7,585,916

  7%

  $7,044,066

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,931,143

  Geo Method

  $12,013,623

• Alternative Use

  Use

  Valuation

  Residential

  $9,406,536

  Hospitality

  $8,616,337

  Educational

  $7,168,691

  Medical

  $7,415,234

  Retail

  $11,151,297

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.9267

Longitude

-95.5969

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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