6610 Sam Houston PkwyHouston, TX 77041

For Lease
$14.88/SF/YR View listing
  • Gas stations
  • 3,600 SF

Property Details for 6610 Sam Houston Pkwy

Year built
2012
Construction
CONCRETE BLOCKS
Lot size
0.76 AC
Property size (Sq ft)
3,600 SF
Property type
Gas stations
APN
1312080010001
APU
1312080010001

Description

This exceptional 10,202 square foot flex space, situated in a master-planned Harris County business park, presents a compelling investment opportunity. Ideally located at the intersection of Beltway 8 and West Little York, this single-tenant property boasts excellent visibility and accessibility. The building offers a versatile layout, including approximately 8,714 square feet of climate-controlled office space and 1,488 square feet of warehouse area. Features include a convenient dock well, an end-cap location, and a desirable 9-foot clear height in the assembly area. The space also benefits from a drop ceiling. The current lease expires on July 30, 2025, with a lease rate of $1.24 per square foot, triple net (NNN). This property's strategic location along Beltway 8 provides unparalleled access to major transportation arteries, making it an attractive option for businesses seeking a high-profile presence in a thriving commercial area. The master-planned business park setting offers a professional and well-maintained environment. This is an excellent opportunity to acquire a well-positioned flex space with significant potential. The existing lease provides immediate income potential, while the upcoming lease expiration presents an opportunity for future lease rate adjustments or owner-occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,083,810
    6.5%
    $1,000,440
    7%
    $928,980
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,340,926
    Geo Method
    $2,716,066
  • Alternative Use

    Use
    Valuation
    Residential
    $843,909
    Hospitality
    $773,016
    Educational
    $643,140
    Medical
    $665,259
    Retail
    $1,000,440
6610 Sam Houston Pkwy, Houston, Texas

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.6099
Longitude
-95.4842
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
2022
$20,169
$417,136
$618,047
$1,035,183
-
$417,136
$618,047
$1,035,183

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