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    16842 State Hwy Webster, TX 77598

    For Lease
    Contact for pricing

    South Houston Flex Space, Multiple Units Available

    Lot size:
    72,569 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Space Village offers a unique investment opportunity in a prime South Houston location. This multi-tenant flex space complex boasts 72,569 square feet across four buildings, situated on 5.78 acres of land. The property, originally constructed in 1992 and extensively renovated in 2020, features a total of 25 suites, with 3,383 square feet currently vacant. Available spaces range from 1,050 to 7,500 square feet, catering to a variety of business needs. The complex benefits from a high-traffic location directly facing Highway 3 (Galveston Road), ensuring excellent visibility and accessibility. Ample parking is provided with 304 spaces available for tenants and their customers. The property's modern, recently renovated interior offers a clean and functional workspace, ideal for retail, industrial, or restaurant uses. The combination of a prime location, substantial parking, and recent renovations makes Space Village an attractive option for businesses seeking a well-maintained and easily accessible space in a thriving commercial area of Harris County. The flexible suite sizes allow for customization to meet diverse business requirements. This is a rare opportunity to secure space in a well-established and highly visible commercial center.

    Property Features for 16842 State Hwy

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    72,569 SF

    Building Details

    Year Built/Renovated
    1992/2020
    Buildings
    4

    Unit(s) available at that property

    Space
    Suite 16832
    Size
    2,030 SF
    Space
    Suite 119
    Size
    1,050 SF
    Space
    Suite 139A# 3-4
    Size
    3,750 SF
    Space
    Suite 139B# 1-4
    Size
    7,500 SF

    HighLights

    • 72,569 SF flex space in Harris County, Texas, comprised of four buildings with 25 suites.
    • Multiple tenants occupy the property, with 3,383 SF currently vacant.
    • Located on a high‑traffic road (HWY 3/Galveston Rd) in a prime South Houston location.
    • Features ample parking (304 spaces) and recently renovated (2020) interiors.
    • Available spaces range from 1,050 SF to 7,500 SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Clothing Store Daycare Center Nail Salon Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Webster
    County
    Harris
    State
    Texas
    Longitude
    -95.1283529
    Latitude
    29.5478443

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    FAQs

    What type of property is this?
    Restaurant - South Houston Flex Space, Multiple Units Available
    Where is this restaurant located?
    The property is located at 16842 State Hwy Webster, TX.
    What are key features of this property?
    This property features: 72,569 SF flex space in Harris County, Texas, comprised of four buildings with 25 suites.; Multiple tenants occupy the property, with 3,383 SF currently vacant.; Located on a high-traffic road (HWY 3/Galveston Rd) in a prime South Houston location.
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    16842 State Hwy Webster, TX 77598
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    Webster, TX 77598
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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
    16842 State Hwy Webster, TX 77598
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