2610 Sam Houston PkwyHouston, TX 77042

  • Office properties
  • 25,148 SF
For Sale
$4,995,000 View listing

Property Details for 2610 Sam Houston Pkwy

Year built
1998
Construction
STEEL FRAME
Lot size
1.18 AC
Property size (Sq ft)
25,148 SF
Property type
Office properties
Property subtype
Office buildings
APN
1173220010005
APU
1173220010005

Description

This exceptional two-story, 26,183 square foot office building is strategically located on West Sam Houston Parkway South in Houston, Texas, offering unparalleled visibility and accessibility. The property, situated on a 1.18-acre lot, boasts a 2014 renovation and features a masonry exterior. The building provides ample surface parking with 68 spaces, a convenient ratio of 2.7 spaces per 1,000 square feet of net rentable area. The layout includes a diverse range of spaces, ideal for various professional uses. The first floor comprises 9,026 square feet of medical space and an additional 4,877 square feet of office/professional space. The second floor offers 12,280 square feet, previously occupied by a law firm. Building amenities include two elevators (front and rear) and a loading dock, enhancing functionality and convenience. The property benefits from excellent access via the Beltway 8 feeder road and Rogerdale Road, ensuring easy commutes for tenants and clients. This turnkey investment opportunity is priced at $4,995,000 and presents a compelling return on investment. The property's prime location, modern amenities, and flexible floor plan make it an attractive option for a wide range of businesses. The building's strong presence on Beltway 8 ensures high visibility and accessibility, making it an ideal location for a variety of professional uses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,150,352
    6.5%
    $4,754,171
    7%
    $4,414,588
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,717,108
    Geo Method
    $7,529,060
  • Alternative Use

    Use
    Valuation
    Residential
    $5,895,172
    Hospitality
    $5,399,946
    Educational
    $4,492,692
    Medical
    $4,647,202
    Retail
    $6,988,632
2610 Sam Houston Pkwy, Houston, Texas

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.7382
Longitude
-95.5593
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
$92,424
$1,935,525
$2,436,716
$4,372,241
-
$1,935,525
$2,436,716
$4,372,241

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