11011 Jones RdHouston, TX 77070

Property Details for 11011 Jones Rd

Year built

1983

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.01 AC

Property size (Sq ft)

14,141 SF

Property type

Office properties

Property subtype

Office buildings

APN

1326640010001

APU

1326640010001

Description

This exceptional Houston office building, located at 11011 Jones Rd, offers 14,141 square feet of versatile space ideal for executive, medical, or traditional office uses. Situated on a 1.015-acre lot with approximately 123.33 feet of frontage on Jones Rd, this property boasts high visibility and accessibility. The building's second-generation space presents a fantastic opportunity for businesses seeking a well-established location. Its prime position ensures high traffic volume and proximity to numerous residential areas, creating a strong potential for client base and employee convenience. The asking price for this property is $1,750,000. This is a rare opportunity to acquire a substantial office building in a thriving Houston location. The property's size and location make it suitable for a variety of professional uses, offering significant potential for growth and return on investment. The ample square footage and convenient access to major thoroughfares make this an attractive option for businesses seeking a prominent presence in the Houston market. The property's existing infrastructure provides a solid foundation for immediate occupancy or future renovations, catering to diverse business needs. The combination of size, location, and versatility makes this a compelling investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $2,896,100

  6.5%

  $2,673,323

  7%

  $2,482,372

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,090,171

  Geo Method

  $4,233,674

• Alternative Use

  Use

  Valuation

  Residential

  $3,314,921

  Hospitality

  $3,036,450

  Educational

  $2,526,290

  Medical

  $2,613,174

  Retail

  $3,929,785

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.934

Longitude

-95.5856

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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