Located in Houston's desirable Rice Military submarket, at 4608 Nolda St, zip code 77007, this exceptional single-tenant office space, known as "The Vestry," offers 4,274 square feet in a 1-story building on a 15,000 square foot lot. Originally built in 1988 and extensively renovated in 2025, this property boasts a unique character, having previously served as a church. Its prime location, just one block from Shepherd Drive, places it within easy reach of the vibrant Washington Corridor and the popular Cadillac Bar. The fully fenced and gated property offers ample parking and multiple entrances, ensuring both privacy and convenient client access. This versatile space is ideal for a variety of professional uses, including creative, executive, medical, or traditional office settings, or even coworking arrangements. The property is available for lease as a single tenant space and will be built out to the tenant's specifications, allowing for a completely customized workspace tailored to your specific business needs. The property's APN is 007-295-000-0003. This is a rare opportunity to secure a distinctive and well-located office space in one of Houston's most sought-after neighborhoods.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$894,983
6.5%
$826,138
7%
$767,128
Comparable approach
Method
Valuation
Relative Method
$645,927
Geo Method
$1,308,334
Alternative Use
Use
Valuation
Residential
$1,024,412
Hospitality
$938,356
Educational
$780,701
Medical
$807,550
Retail
$1,214,423
Location Insight
City
Houston
County
Harris
State
Texas
Latitude
29.7765
Longitude
-95.408
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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