10401 Mason RdRichmond, TX 77406

Property Details for 10401 Mason Rd

Year built

2019

Lot size

0.01 AC

Property type

Commercial real estate

APN

5553-00-002-1020-907

APU

5553000021020907

Description

This 710-square-foot office suite, located at 10401 Mason Rd, Richmond, TX 77406, is situated within the Long Meadow Farms master-planned community. The single-tenant space is ideal for various business types, including traditional, executive, coworking, medical, and creative offices. The suite boasts premium finishes such as granite countertops, double-paned windows, solid wood doors, and energy-efficient LED lighting. A private entrance with convenient front-door parking and top-notch security are key features. Its location offers easy access to major highways, including The Grand Parkway, FM 1093, and I-10, providing convenient commutes from West Houston and Fort Bend County. The property benefits from access to a Community Conference Center, perfect for meetings and events. The exterior building maintenance and common areas are professionally managed by the Community Association. The surrounding area offers a vibrant atmosphere with diverse dining, retail, and shopping options. This prime location combines the convenience of a home-adjacent office with easy access to major transportation routes and a thriving community. The property is in Fort Bend County.

• CAP approach

  CAP return

  Valuation

  6%

  $169,127

  6.5%

  $156,117

  7%

  $144,966

• Comparable approach

  Method

  Valuation

  Relative Method

  $95,066

  Geo Method

  $181,430

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $304,414

  Retail / Commercial

  $156,678

  Mixed-Use / Specialty

  $156,574

  Hospitality / Lodging

  $115,465

  Office

  $156,117

  Institutional / Educational

  $162,936

  Residential Income

  $190,635

  Multifamily

  $226,120

  Automotive / Energy

  $139,660

  Parking / Income-Based Land

  $47,746.10

  Restaurant / Food Service

  $82,404.80

  Healthcare / Senior Housing

  $160,098

Location Insight

City

Richmond

County

Fort Bend

State

Texas

Latitude

29.6473

Longitude

-95.7412

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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