11451 Katy FwyHouston, TX 77079

  • Office buildings
  • 123,648 SF
For Lease
$19.50/SF/YR View listing

Property Details for 11451 Katy Fwy

Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.89 AC
Property size (Sq ft)
123,648 SF
Property type
Office buildings
APN
985580000022
APU
985580000022

Description

The Westchester, located at 11451 Katy Fwy in Houston, Texas, offers a prime opportunity for businesses seeking Class A office space in Harris County. This six-story building boasts a total of 117,261 square feet, with multiple tenancy options available. Currently, there are 27,733 square feet of vacant space, offering flexibility for businesses of various sizes. Units range from a minimum of 2,481 square feet to a maximum contiguous space of 10,860 square feet, catering to both small executive offices and larger traditional office setups. The building's location in the 77079 zip code provides excellent access to major transportation routes and amenities. The property is classified as both Executive Office and Traditional Office space, ensuring a versatile and adaptable environment for a wide range of professional needs. This exceptional opportunity allows businesses to establish a presence in a highly sought-after location within a well-maintained and modern building. Nine spaces are currently available, providing a diverse selection to suit individual business requirements. Contact us today to explore the possibilities and secure your ideal office space at The Westchester.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $25,323,316
    6.5%
    $23,375,368
    7%
    $21,705,700
  • Comparable approach

    Method
    Valuation
    Relative Method
    $18,276,322
    Geo Method
    $37,018,976
  • Alternative Use

    Use
    Valuation
    Residential
    $28,985,456
    Hospitality
    $26,550,522
    Educational
    $22,089,724
    Medical
    $22,849,422
    Retail
    $34,361,792

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.7835
Longitude
-95.5852
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
$164,737
$4,618,969
$10,336,499
$14,955,468
-
$4,618,969
$10,336,499
$14,955,468

FAQs

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