12777 Jones RdHouston, TX 77070

  • Office buildings
  • 120,704 SF
For Lease
$22/SF/YR View listing

Property Details for 12777 Jones Rd

Year built
1983
Construction
STEEL FRAME
Lot size
4.36 AC
Property size (Sq ft)
120,704 SF
Property type
Office buildings
APN
460560000020
APU
460560000020

Description

Denmark House, located at 12777 Jones Rd, Houston, TX 77070, offers 119,388 square feet of versatile office space in a four-story Class B building. Built in 1982, this Harris County property features a variety of office configurations suitable for traditional, executive, medical, or creative businesses. Spaces range from a minimum of 301 square feet to a maximum contiguous space of 5,499 square feet, with 19,599 square feet currently vacant. The building provides ample parking with a ratio of 3.75 spaces per 1,000 square feet and includes two elevators for convenient access to all floors. Its location in Houston's Northwest Corridor offers easy access to major highways including SH 290, Beltway 8, and SH 249, placing it less than 20 minutes from George Bush Intercontinental Airport (IAH). The surrounding area boasts premier residential neighborhoods, fine dining, and retail options at The Vintage and Willowbrook Mall, providing a blend of urban convenience and suburban charm. This property is ideal for businesses seeking a well-located, flexible office space in a thriving Houston community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $28,016,400
    6.5%
    $25,861,300
    7%
    $24,014,100
  • Comparable approach

    Method
    Valuation
    Relative Method
    $17,841,200
    Geo Method
    $36,137,600
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $53,710,800
    Retail / Commercial
    $26,995,300
    Mixed-Use / Specialty
    $26,467,800
    Hospitality / Lodging
    $18,857,000
    Institutional / Educational
    $27,361,700
    Residential Income
    $32,013,200
    Multifamily
    $40,785,900
    Automotive / Energy
    $23,452,900
    Parking / Income-Based Land
    $8,519,410
    Restaurant / Food Service
    $12,845,600
    Healthcare / Senior Housing
    $27,584,500

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.958
Longitude
-95.5862
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$75,176
$1,520,248
$7,632,065
$9,152,313
-
$1,520,248
$7,632,065
$9,152,313

FAQs

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