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    10601 Grant Rd Houston, TX 77066

    For Sale
    $3,148,889

    Houston Office Complex: High Visibility, Value-Add

    Property size:
    43,691 SF

    Description

    Added:
    Jan 9, 2025
    Days on Market:
    335
    This exceptional 43,691 square foot office complex is strategically located at 10601 Grant Road, Houston, TX 77066. Boasting a prime location with easy access to major thoroughfares like Highway 249 and FM 1960, the property enjoys high visibility and significant daily traffic (approximately 18,360 vehicles). Currently operating at 77% occupancy, this presents a compelling value-add opportunity with substantial potential for revenue growth. The 3.47-acre site offers ample parking, including covered spaces, and multiple buildings allowing for flexible space configuration and consolidation. Ideal for an owner-user seeking to occupy a portion of the complex, or for an investor looking to capitalize on the strong location and high traffic count. The property's proximity to one of the largest school districts, serving approximately 117,000 students across 91 schools, further enhances its appeal and potential. Priced at $3,148,889, this property generates a net operating income of $257,579.

    Property Features for 10601 Grant Rd

    General Information

    Property type
    Other office properties
    Square Feet
    43,691 SF
    Price / Square Foot
    $72
    Elevators
    N/A
    Lot Size
    151,153 SF
    Occupancy
    77%
    Net Operating Income
    $257,579

    Building Details

    Year Built/Renovated
    1982/2023
    Buildings
    4
    Stories
    2

    HighLights

    • High visibility location in Houston, TX with ±18,360 vehicles passing daily.
    • 77% occupancy rate presents significant potential for revenue growth.
    • Multiple buildings offer flexibility for owner‑user occupancy or reconfiguration.
    Insight Report Location Intelligence

    Current Use by Public Records

    IT Fidelity Software Company Pumps It, Inc. Medical Equipment Supplier Watts Natural Health Naturopathic Practitioner Michele H. Larsen, ... Social Worker PG Pool and Spa Swimming Pool Contractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    State
    Texas
    Longitude
    -94.79478
    Latitude
    32.182455

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    FAQs

    What type of property is this?
    Office property - Houston Office Complex: High Visibility, Value-Add
    Where is this office property located?
    The property is located at 10601 Grant Rd Houston, TX.
    What is the asking price?
    The asking price for this property is $3,148,889.
    What are key features of this property?
    This property features: High visibility location in Houston, TX with ±18,360 vehicles passing daily.; 77% occupancy rate presents significant potential for revenue growth.; Multiple buildings offer flexibility for owner-user occupancy or reconfiguration.
    (713) 906-2937
    Request Owner's contact information
    10601 Grant Rd Houston, TX 77066
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    Houston, TX 77066
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    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.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    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.

    More about this property
    10601 Grant Rd Houston, TX 77066
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