This exceptional 1,186 square foot office space is ideally located at 21021 Spring Brook Plaza Drive, Spring, Texas, 77379, near FM 2920. The property is part of Springbrook Plaza and offers a traditional office layout suitable for various business needs, also adaptable for executive or creative office setups. The space is currently available for lease as a single unit within a multi-tenant building. The building allows for prominent building signage, a significant advantage for businesses seeking high visibility. Local ownership ensures a responsive and reliable landlord. The property benefits from its strategic location, surrounded by a diverse range of dining and shopping establishments, creating a convenient and attractive environment for employees and clients. The existing tenant mix contributes to a thriving and collaborative atmosphere within the building. This presents a unique opportunity for businesses seeking a well-located, versatile, and attractive office space in a vibrant suburban setting. The property's latitude and longitude coordinates are 30.0724059, -95.5135694 respectively.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$7,977,530
6.5%
$7,363,874
7%
$6,837,882
Comparable approach
Method
Valuation
Relative Method
$5,481,289
Geo Method
$8,688,298
Alternative Use
Use
Valuation
Residential
$9,131,203
Hospitality
$8,364,133
Educational
$6,958,860
Medical
$7,198,186
Retail
$10,824,894
Location Insight
City
Spring
County
Harris
State
Texas
Latitude
30.0724
Longitude
-95.5136
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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