10320 Lake RdHouston, TX 77070

Property Details for 10320 Lake Rd

Year built

2007

Construction

STEEL FRAME

Lot size

1.49 AC

Property size (Sq ft)

6,264 SF

Property type

Office buildings

APN

1256510010002

APU

1256510010002

Description

This exceptional business park offers 12,000 square feet of well-maintained Class B office space, ideally situated for convenient access. The property comprises two single-story buildings, constructed in 2007 and renovated in 2011, featuring a total of three suites. Multiple tenancy options are available, with spaces ranging from a minimum of 1,294 square feet to a maximum contiguous space of 2,600 square feet. Currently, 4,720 square feet is vacant, presenting a significant opportunity for businesses seeking immediate occupancy. The property boasts controlled access gates and convenient access from both sides of the street, enhancing security and accessibility. Ample open parking is provided for tenants and their clients. The zoning is designated for office use, ensuring compliance and suitability for a variety of professional businesses. This property is perfect for traditional office, medical office, or executive office uses. The buildings are well-maintained and offer a professional environment.

• CAP approach

  CAP return

  Valuation

  6%

  $1,579,740

  6.5%

  $1,458,220

  7%

  $1,354,070

• Comparable approach

  Method

  Valuation

  Relative Method

  $992,951

  Geo Method

  $1,875,380

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,008,090

  Retail / Commercial

  $1,515,680

  Mixed-Use / Specialty

  $1,489,110

  Hospitality / Lodging

  $1,064,960

  Institutional / Educational

  $1,540,510

  Residential Income

  $1,802,400

  Multifamily

  $2,279,020

  Automotive / Energy

  $1,320,440

  Parking / Income-Based Land

  $476,575

  Restaurant / Food Service

  $729,336

  Healthcare / Senior Housing

  $1,548,760

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

30.003

Longitude

-95.5791

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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