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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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