10703 Stancliff RdFresno, TX 77053

Property Details for 10703 Stancliff Rd

Year built

1981

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.20 AC

Property size (Sq ft)

27,947 SF

Property type

Office buildings

APN

441040000121

APU

441040000121

Description

This exceptional single-story office building, located at 10703 Stancliff Rd in Houston, Texas, presents a significant investment opportunity. The property boasts a total of 27,840 square feet, situated on a generous 2.2-acre lot. The building, constructed in 1981, is classified as Class C and offers flexible tenancy options for multiple occupants. A minimum of 13,920 square feet is divisible, while the maximum contiguous space available is the entire 27,840 square feet. This presents a unique opportunity for businesses seeking a substantial footprint or the potential to subdivide and lease to multiple tenants. The building's prominent location on Stancliff Road provides excellent visibility and ample parking for employees and clients. The property is situated in Fort Bend County, Houston, Texas, with a zip code of 77053. Given its size, location, and flexible space options, this property is well-suited for a variety of businesses seeking a functional and visible office space in a thriving Texas market. The single-story design offers convenient access and functionality. This is a rare opportunity to acquire a substantial office building in a desirable location. The property is currently vacant, allowing for immediate occupancy and customization to suit the needs of the new owner.

• CAP approach

  CAP return

  Valuation

  6%

  $5,723,592

  6.5%

  $5,283,316

  7%

  $4,905,936

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,130,826

  Geo Method

  $8,367,052

• Alternative Use

  Use

  Valuation

  Residential

  $6,551,312

  Hospitality

  $6,000,966

  Educational

  $4,992,734

  Medical

  $5,164,441

  Retail

  $7,766,474

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.6584

Longitude

-95.5686

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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