4608 Nolda StHouston, TX 77007

  • Office buildings
  • 4,370 SF
For Lease
$26/SF/YR View listing

Property Details for 4608 Nolda St

Year built
1988
Construction
BRICK
Lot size
0.34 AC
Property size (Sq ft)
4,370 SF
Property type
Office buildings
APN
72950000003
APU
72950000003

Description

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

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
2020
$24,217
$900,000
$181,508
$1,081,508
-
$900,000
$181,508
$1,081,508

FAQs

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