100 Glenborough DrHouston, TX 77067

Property Details for 100 Glenborough Dr

Year built

1983

Construction

STEEL FRAME

Lot size

3.14 AC

Property size (Sq ft)

214,750 SF

Property type

Office buildings

APN

1127550000001

APU

1127550000001

Description

Northborough Tower, located at 100 Glenborough Drive in Houston, Texas 77067, presents a significant office opportunity. This Class B, 14-story building, constructed in 1983 and renovated in 1991, offers a total of 206,553 square feet of space, with a substantial 164,836 square feet currently vacant. The building sits on a 5.4-acre lot and provides flexible space options ranging from smaller executive suites to larger traditional office layouts. The building features a 10-foot ceiling height and ample natural light, enhanced by expansive windows in a curved façade offering panoramic views. Conveniently located near restaurants, hotels, and George Bush Intercontinental Airport, this property boasts high visibility and easy access to major roadways. The building is fully sprinklered and equipped with a variable air volume system, featuring fourteen zones per floor for optimal climate control. Parking is readily available, with a ratio of 4.22 spaces per 1,000 square feet. This property is ideal for businesses seeking a prominent location with substantial space and modern amenities in a thriving Houston neighborhood. The multiple tenancy structure allows for diverse occupancy options.

• CAP approach

  CAP return

  Valuation

  6%

  $59,034,272

  6.5%

  $54,493,172

  7%

  $50,600,804

• Comparable approach

  Method

  Valuation

  Relative Method

  $40,561,916

  Geo Method

  $64,294,004

• Alternative Use

  Use

  Valuation

  Residential

  $67,571,536

  Hospitality

  $61,895,160

  Educational

  $51,496,048

  Medical

  $53,267,076

  Retail

  $80,104,960

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.952

Longitude

-95.4196

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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