16822 Eldridge PkwyTomball, TX 77377

Property Details for 16822 Eldridge Pkwy

Year built

2017

Construction

BRICK

Lot size

0.53 AC

Property size (Sq ft)

3,318 SF

Property type

Office buildings

APN

1364120010005

APU

1364120010005

Description

This exceptional offering presents two suites within Building 16822 of the prestigious Pelican Park in Tomball, Texas. This single-story, Class B office building, constructed in 2017, boasts a total of 3,408 square feet. The property is part of an eight-building complex, offering a unique blend of traditional and executive office spaces in a thriving Northwest Houston location. Each suite benefits from external CCTV cameras, ensuring enhanced security. The convenient location provides easy access to major thoroughfares including the Grand Parkway (99), Tomball Parkway (249), and Spring Cypress Road, placing you near residential areas, shopping, and dining options. The property's design blends upscale professionalism with a relaxed atmosphere, making it an ideal location for businesses seeking a modern and secure workspace. The complex features a distinctive architectural style and offers a high-quality work environment. This is a multi-tenant building situated at 16822 N Eldridge Pkwy, Tomball, TX 77377. The property's prime location and modern amenities make it a highly desirable investment opportunity. The building's strategic placement at the intersection of North Eldridge and Spring Cypress Road along North Eldridge Parkway offers unparalleled accessibility.

• CAP approach

  CAP return

  Valuation

  6%

  $736,961

  6.5%

  $680,271

  7%

  $631,681

• Comparable approach

  Method

  Valuation

  Relative Method

  $525,138

  Geo Method

  $993,376

• Alternative Use

  Use

  Valuation

  Residential

  $843,536

  Hospitality

  $772,675

  Educational

  $642,856

  Medical

  $664,965

  Retail

  $999,999

Location Insight

City

Tomball

County

Harris

State

Texas

Latitude

30.0115

Longitude

-95.6075

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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