16131 Eldridge PkwyTomball, TX 77377

  • Office buildings
  • 20,000 SF
For Sale
$2,750,000 View listing

Property Details for 16131 Eldridge Pkwy

Year built
2005
Construction
BRICK
Lot size
0.84 AC
Property size (Sq ft)
20,000 SF
Property type
Office buildings
APN
1159970060052
APU
1159970060052

Description

This exceptional two-story commercial building, located at 16131 N Eldridge Parkway in Tomball, Texas, 77377, offers a diverse range of office spaces ideal for businesses of all sizes. Built in 2005, this Class B property boasts a total of 19,200 square feet, providing ample room for expansion or consolidation. The building is conveniently situated near Highway 249, ensuring easy access and high visibility. The flexible layout allows for multiple tenants, with minimum leasable space starting at 1,200 square feet and the possibility of leasing the entire 19,200 square feet contiguously. The property is categorized as both Creative and Traditional Office space, catering to a wide variety of business needs and preferences. Whether your business requires a smaller, efficient workspace or a larger, expansive office environment, this property offers the adaptability to meet your specific requirements. The building's two stories provide a well-defined and organized space, enhancing productivity and functionality. This prime location in Tomball, Texas presents a unique opportunity to establish or expand your business in a thriving community with excellent accessibility. Inquire today to explore the possibilities of making this versatile property your new business home.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,426,439
    6.5%
    $4,085,944
    7%
    $3,794,090
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,155,962
    Geo Method
    $5,987,800
  • Alternative Use

    Use
    Valuation
    Residential
    $5,066,570
    Hospitality
    $4,640,951
    Educational
    $3,861,217
    Medical
    $3,994,010
    Retail
    $6,006,337

Location Insight

City
Tomball
County
Harris
State
Texas
Latitude
30.0055
Longitude
-95.6085
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
$13,712
$439,968
$2,011,470
$2,451,438
-
$439,968
$2,011,470
$2,451,438

FAQs

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