6689 Sam Houston PkwyHouston, TX 77072

Property Details for 6689 Sam Houston Pkwy

Year built

2001

Construction

STEEL FRAME

Lot size

0.92 AC

Property size (Sq ft)

17,148 SF

Property type

Office buildings

APN

1212160010001

APU

1212160010001

Description

This exceptional three-story, Class B executive office building, totaling 14,976 square feet, presents a unique investment opportunity in Houston, Texas. Located at 6689 W Sam Houston Pkwy S, 77072, this property boasts a highly visible corner location at the intersection of Sam Houston Parkway and Bellaire Boulevard, ensuring excellent exposure to a diverse and substantial daily traffic flow. The building, constructed in 2001, sits on a 1.09-acre lot and offers ample parking with 68 spaces. The building's floor plan is highly flexible, with a minimum divisible space of 987 square feet, catering to a variety of tenant needs. The building features a 0.32 FAR (Floor Area Ratio). Its convenient access from the service roads of Sam Houston Parkway makes it easily accessible for employees and clients alike. The property is identified by Harris County APN 1212160010001. This is a single building property with multiple tenancies available. This presents a strong opportunity for investors seeking a well-located, established office building in a thriving Houston market. The building's size and layout provide significant potential for future growth and development.

• CAP approach

  CAP return

  Valuation

  6%

  $3,511,939

  6.5%

  $3,241,790

  7%

  $3,010,233

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,534,634

  Geo Method

  $5,133,940

• Alternative Use

  Use

  Valuation

  Residential

  $4,019,819

  Hospitality

  $3,682,133

  Educational

  $3,063,491

  Medical

  $3,168,850

  Retail

  $4,765,431

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.7056

Longitude

-95.5563

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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