This exceptional office property, located at 12621 Featherwood Dr, Houston, TX 77034, offers 19,074 rentable square feet of versatile space. Situated in Southeast Houston, it enjoys unparalleled access to major thoroughfares including Sam Houston Parkway, Interstate 45, and Highway 3, providing effortless commutes throughout the region. The building's strategic location places it within a 15-minute radius of downtown Houston, Clear Lake, and Hobby Airport, enhancing convenience for both employees and clients. A vibrant atmosphere surrounds the property, with numerous shopping destinations, restaurants, hotels, and residential areas within easy reach. Olive Garden and TGI Fridays are within walking distance, while the Fuqua Shopping Center and Almeda Mall, boasting a variety of retailers, are a short drive away. The building itself offers a high-quality office environment, featuring amenities such as a stunning atrium with natural light, a courtyard, on-site dry cleaning services, and monthly tenant events with local food trucks. Ample parking is available, including over 300 surface spaces and reserved covered parking. Security features include key-card access and on-site security, ensuring a safe and secure work environment. The property also boasts monument signage, enhancing visibility and brand recognition. The building's design incorporates high ceilings, natural light, and a plug-and-play setup, creating a modern and productive workspace. Additional features include a controlled access system, a security system, a kitchen, central heating, and Wi-Fi. The proximity to the University of Houston provides access to a highly skilled workforce. This property presents a unique opportunity for businesses seeking a well-appointed and conveniently located office space in a thriving Houston neighborhood. The annual rate is $24.5 per square foot.
Property Features for 12621 Featherwood Dr, Houston, TX 77034
General Information
Property type
Residential offices
Lease Type
Gross Lease
RSF (Rentable sq. ft)
19,074 SF
Class
B
Total Parking Spaces
337
Elevators
N/A
Total Rate
38942.75
Building Details
Year Built/Renovated
1983/1999
Stories
3
HighLights
Prime Southeast Houston location near major freeways & Hobby Airport.
19,074 square feet of office space available with ample surface and covered parking.
Enjoy on‑site amenities including food trucks, dry cleaning, and a beautiful atrium.
Residential office - Prime Houston office space, ample parking.
Where is this residential office located?
The property is located at 12621 Featherwood Dr, Houston, TX 77034 Houston, TX.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Prime Southeast Houston location near major freeways & Hobby Airport.; 19,074 square feet of office space available with ample surface and covered parking.; Enjoy on-site amenities including food trucks, dry cleaning, and a beautiful atrium.
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Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
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AI approach
Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.
Cap approach
Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.
Comparable approach
Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.
Relative
Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.
Geo
Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels
across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.
Alternative use
Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.