10835 Rockley RdHouston, TX 77099

Property Details for 10835 Rockley Rd

Year built

1982

Construction

BRICK

Lot size

1.33 AC

Property size (Sq ft)

12,840 SF

Property type

Office buildings

APN

1128140000013

APU

1128140000013

Description

This exceptional 12,840-square-foot office building in Houston, Texas, presents a unique investment opportunity. Located at 10835 Rockley Rd, in Harris County, zip code 77099, this single-story building sits on a 1.33-acre lot (57,935 square feet), offering significant expansion potential on the undeveloped land. Built in 1986 and renovated in 2021 (front offices), the property boasts a 14-foot eave height and features approximately 8,255 square feet of traditional office space and approximately 4,585 square feet of fully air-conditioned open flex space, ideal for light assembly or similar uses. The building is currently vacant and offers abundant parking with 57 regular spaces and 2 handicap-accessible spaces. The property includes a small roll-up door, natural gas hookups, and paved parking. It benefits from excellent access to US 59 and Beltway 8. The asking price is $1,700,000. This well-maintained property is not located in a flood plain. This is a rare opportunity to acquire a versatile commercial property with significant upside potential in a prime Houston location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,629,653

  6.5%

  $2,427,372

  7%

  $2,253,988

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,897,871

  Geo Method

  $3,844,168

• Alternative Use

  Use

  Valuation

  Residential

  $3,009,942

  Hospitality

  $2,757,090

  Educational

  $2,293,867

  Medical

  $2,372,756

  Retail

  $3,568,237

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.6645

Longitude

-95.5702

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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