4601 Washington AveHouston, TX 77007

Property Details for 4601 Washington Ave

Year built

2009

Construction

BRICK

Lot size

1.45 AC

Property size (Sq ft)

53,900 SF

Property type

Office buildings

APN

1314880010001

APU

1314880010001

Description

The Washington Centre, located at 4601 Washington Ave in Houston, Texas, 77007, offers exceptional office space in a three-story, Class B building totaling 47,922 square feet. This Midtown Houston property provides multiple tenancy options, with spaces ranging from a minimum of 519 square feet to a maximum contiguous space of 2,954 square feet. The building boasts convenient access to major thoroughfares including Highway I-10, Allen Parkway, and Memorial Parkway. A significant advantage is the on-site 189-car parking garage, a rarity in this area, connected to both street-level retail and upper-floor office suites via a ground floor breezeway and a second-floor sky bridge. The building features over 16,000 square feet of street-level retail space, complementing the nearly 34,000 square feet of office space. This prime location offers proximity to Downtown Houston and a vibrant selection of nearby restaurants such as Buena Vista Cuban Cafe, Miyako Sushi, Nara Thai, and Toasted Yolk. The building's parking ratio is 4.0 spaces per 1000 square feet. This property presents a modern and convenient solution for businesses seeking a strategic location in Houston's thriving Midtown submarket.

• CAP approach

  CAP return

  Valuation

  6%

  $11,038,809

  6.5%

  $10,189,670

  7%

  $9,461,837

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,966,920

  Geo Method

  $16,137,121

• Alternative Use

  Use

  Valuation

  Residential

  $12,635,191

  Hospitality

  $11,573,767

  Educational

  $9,629,238

  Medical

  $9,960,403

  Retail

  $14,978,815

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.7701

Longitude

-95.4078

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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