16121 Eldridge PkwyTomball, TX 77377

Property Details for 16121 Eldridge Pkwy

Year built

2004

Construction

STEEL FRAME

Lot size

1.12 AC

Property size (Sq ft)

19,936 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

1159970060056

APU

1159970060056

Description

This single-story, Class B medical office building, constructed in 2004, offers a prime retail space totaling 2,432 square feet. Currently, one suite is available for lease within a multi-tenant building. The property boasts excellent visibility and high daytime traffic, thanks to its strategic location. Multiple points of ingress and egress ensure convenient access for patients and staff. The building features ample parking with 68 spaces available. Its location in Harris County provides easy access to major thoroughfares, including Hwy 249 and Spring Cypress Road. The property benefits from its proximity to significant community centers, placing it within one mile of popular retailers such as Walmart, Kroger, Ross, Petco, and HEB. This diverse tenant mix creates a vibrant and thriving commercial environment. The building's design and location make it an ideal space for medical professionals seeking a high-traffic, easily accessible location with convenient parking. The available suite presents a unique opportunity for expansion or relocation within a well-established and successful commercial complex.

• CAP approach

  CAP return

  Valuation

  6%

  $6,472,903

  6.5%

  $5,974,987

  7%

  $5,548,202

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,914,088

  Geo Method

  $15,040,970

• Alternative Use

  Use

  Valuation

  Residential

  $5,040,126

  Hospitality

  $4,616,728

  Educational

  $3,841,063

  Medical

  $3,973,163

  Retail

  $5,974,987

Location Insight

City

Tomball

County

Harris

State

Texas

Latitude

30.0049

Longitude

-95.6086

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].