16850 Saturn LnHouston, TX 77058

  • Office buildings
  • 21,759 SF
For Lease
$11/SF/YR View listing

Property Details for 16850 Saturn Ln

Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.38 AC
Property size (Sq ft)
21,759 SF
Property type
Office buildings
APN
1004600000013
APU
1004600000013

Description

Regents Park, located at 16850 Saturn Ln, Houston, TX 77058, offers exceptional executive office and commercial space. This 20,174 square foot building, situated on a 2.68-acre lot, underwent renovations in 2000. Currently, 18,843 square feet are vacant, offering immediate occupancy. Multiple tenancy options are available, with suites ranging from a minimum of 1,403 square feet to a maximum contiguous space of 10,814 square feet. The building's convenient location provides easy access to Clear Lake, League City, and Webster. Built in 1985, Regents Park presents a blend of established infrastructure and modern updates. Attractive rental rates are available, and generous tenant improvement allowances are offered, depending on the lease terms and tenant requirements. This quiet, professional environment is ideal for businesses seeking a well-maintained and conveniently located office space in Houston. The property offers a fantastic opportunity for businesses of various sizes to establish a strong presence in a thriving area. Contact us today to explore the available spaces and discuss your specific needs.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,456,280
    6.5%
    $4,113,488
    7%
    $3,819,668
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,216,182
    Geo Method
    $6,514,427
  • Alternative Use

    Use
    Valuation
    Residential
    $5,100,726
    Hospitality
    $4,672,238
    Educational
    $3,887,247
    Medical
    $4,020,935
    Retail
    $6,046,828

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.5598
Longitude
-95.114
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
$14,928
$600,250
$822,959
$1,423,209
-
$600,250
$822,959
$1,423,209

FAQs

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