This exceptional three-story Class B office building at 6060 Richmond Ave in Houston, Texas, offers a variety of executive office suites for lease. The property boasts a total of 3,348 square feet, currently entirely vacant, and is divisible into units as small as 250 square feet, with a maximum contiguous space of 1,488 square feet. The building features four total suites, providing flexibility for businesses of various sizes. Its attractive atrium lobby enhances the professional atmosphere. Located in the desirable Houston submarket, this property enjoys convenient access to the Galleria, Greenway Plaza, and Highway 59, ensuring excellent visibility and easy commutes for employees and clients. The building's address is 6060 Richmond Ave, Houston, TX 77057. This is an excellent opportunity to secure high-quality office space in a prime location. The entire building is available for lease, offering a unique chance to establish a significant presence in a thriving business district. The property's convenient location and attractive features make it an ideal choice for businesses seeking a prestigious and accessible office environment. Contact us today to learn more about leasing opportunities.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$8,540,229
6.5%
$7,883,288
7%
$7,320,196
Comparable approach
Method
Valuation
Relative Method
$6,163,648
Geo Method
$12,484,563
Alternative Use
Use
Valuation
Residential
$9,775,278
Hospitality
$8,954,102
Educational
$7,449,708
Medical
$7,705,914
Retail
$11,588,434
Location Insight
City
Houston
County
Harris
State
Texas
Latitude
29.7324
Longitude
-95.4868
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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