7600 San Felipe StHouston, TX 77063

Property Details for 7600 San Felipe St

Year built

1978

Construction

WOOD FRAME

Lot size

0.79 AC

Property size (Sq ft)

12,648 SF

Property type

Office buildings

APN

1296300010001

APU

1296300010001

Description

This exceptional 7,500 square foot executive office space presents a unique opportunity in the highly desirable Galleria area of Houston, Harris County. Situated within a 14,490 square foot, two-story Class C building constructed in 1978, this property boasts a prime location at the corner of Woodway Drive and San Felipe Street, near the intersection of San Felipe and Voss. The building features a security system with cameras, ensuring a safe and secure environment for tenants. Ample parking is provided with a 3.8 per 1,000 square foot ratio in a gated surface lot, including covered parking options. The building's convenient location offers easy access to major thoroughfares, including I-10 via Voss Road and I-610 via San Felipe Street, providing seamless commutes for employees and clients. Surrounding the property are various office buildings, residential communities, and retail establishments, creating a vibrant and convenient environment. This multi-tenant building offers immediate occupancy for a single tenant seeking a substantial space or multiple tenants seeking smaller suites. The property is ideal for businesses seeking a prestigious address with excellent accessibility and ample parking in a well-established area. This is a rare opportunity to secure a significant footprint in a thriving Houston submarket.

• CAP approach

  CAP return

  Valuation

  6%

  $2,590,332

  6.5%

  $2,391,075

  7%

  $2,220,284

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,869,492

  Geo Method

  $3,786,685

• Alternative Use

  Use

  Valuation

  Residential

  $2,964,933

  Hospitality

  $2,715,863

  Educational

  $2,259,566

  Medical

  $2,337,276

  Retail

  $3,514,880

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.751

Longitude

-95.5034

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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