4055 Technology Forest BlvdThe Woodlands, TX 77381

  • Office buildings
  • 50,000 SF

Property Details for 4055 Technology Forest Blvd

Year built
2011
Lot size
3.83 AC
Property size (Sq ft)
50,000 SF
Property type
Office buildings
APN
9714-07-00102
APU
97140700102

Description

This exceptional Class B office building, located at 4055 Technology Forest Blvd in The Woodlands, Texas, offers a prime opportunity for businesses seeking flexible and modern workspace. Built in 2011, the two-story building boasts a total of 48,354 square feet, with 19,076 square feet currently available. Multiple tenancy options are available, ranging from a minimum of 2,809 square feet to a maximum contiguous space of 16,267 square feet, catering to a variety of business needs and sizes. The property enjoys a convenient location, situated just southwest of the intersection of Research Forest Drive and Technology Forest Blvd, less than two miles west of Interstate 45, providing easy access to major transportation routes. Ample parking is available, with a ratio of 4.3 spaces per 1,000 square feet. The building is situated in Montgomery County, Texas, zip code 77381. This property presents a unique opportunity to establish a presence in a thriving business community within The Woodlands. The building's modern design and convenient location make it an ideal choice for businesses seeking a high-quality office environment. Contact us today to learn more about leasing options and explore the possibilities of making this exceptional space your new business home.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $13,744,883
    6.5%
    $12,687,584
    7%
    $11,781,328
  • Comparable approach

    Method
    Valuation
    Relative Method
    $9,443,985
    Geo Method
    $14,969,500
  • Alternative Use

    Use
    Valuation
    Residential
    $15,732,604
    Hospitality
    $14,410,981
    Educational
    $11,989,767
    Medical
    $12,402,113
    Retail
    $18,650,748

Location Insight

City
The Woodlands
County
Montgomery
State
Texas
Latitude
30.1788
Longitude
-95.4875
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
2024
$113,520
$1,668,340
$3,416,660
$5,085,000
-
$1,668,340
$3,416,660
$5,085,000

FAQs

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