500 Sam Houston PkwyHouston, TX 77067

  • Commercial real estate
  • 4.18 AC

Property Details for 500 Sam Houston Pkwy

Year built
2022
Construction
STEEL FRAME
Lot size
4.18 AC
Property type
Commercial real estate
APN
451850000027
APU
451850000027

Description

This exceptional Class A warehouse property, located at 500 North Sam Houston Pkwy W in Houston, Texas, offers 157,300 square feet of single-tenant occupied space. Situated in Harris County, zip code 77067, this industrial property boasts impressive features ideal for a variety of distribution and logistics operations. The building features a substantial 32-foot ceiling height, providing ample vertical storage capacity. Access is facilitated by 26 dock-high doors and 2 drive-in doors, ensuring efficient loading and unloading of goods. Extensive parking is available with 269 total parking spaces to accommodate employees and visitors. The property is currently fully leased, presenting a stable investment opportunity. Its prime location along the North Sam Houston Parkway West provides excellent access to major transportation arteries, facilitating seamless distribution throughout the Houston metropolitan area. This is a rare opportunity to acquire a high-quality, fully occupied Class A warehouse in a thriving Texas market. The property's size, features, and location combine to create a highly desirable asset for discerning investors.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $42,642,480
    Hospitality
    $39,060,284
    Educational
    $32,497,698
    Medical
    $33,615,344
    Retail
    $50,551,972

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.5986
Longitude
-95.3919
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
$85,487
$1,455,256
$4,260,584
$5,715,840
-
$1,455,256
$4,260,584
$5,715,840

FAQs

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