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    12818-A Willow Centre Dr Houston, TX 77066

    Sponsored
    For Sale
    $129,900

    675 sf Office Condo, Tenant in Place, Great Investment

    Property size:
    675 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 675-square-foot Class B office condo in Houston, Texas, presents a compelling investment opportunity. Located at 12818-A Willow Centre Dr, Houston, TX 77066, this traditional office space boasts a unique, renovated interior. Completed in 2022, the upgrades include new flooring, paint, can lights, and attractive cherry cabinetry along one wall. The unit also features a half-bath and a large storage closet. The condo is currently leased under a gross lease agreement with a multi-tenant occupancy. The one-year lease commenced October 21, 2024, and expires October 31, 2025, providing immediate income potential. The Willow Centre Condos complex offers added security with a gated entry after hours and assigned parking. Its convenient location off FM 1960, between Willowbrook Mall and a Super Walmart, provides excellent visibility and accessibility for businesses. The complex's modern brick facade and diverse tenant mix create a desirable business environment. This is a unique opportunity to acquire a well-maintained, income-producing property in a thriving Houston location.

    Property Features for 12818-A Willow Centre Dr

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    675 SF
    Class
    B
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.5350177
    Latitude
    29.9637406

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    FAQs

    What type of property is this?
    Office Property / Space - 675 sf Office Condo, Tenant in Place, Great Investment
    Where is this office property / space located?
    The property is located at 12818-A Willow Centre Dr Houston, TX.
    What is the asking price?
    The asking price for this property is $129,900.
    (281) 723-3336
    Request Owner's contact information
    12818-A Willow Centre Dr 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
    12818-A Willow Centre Dr Houston, TX 77066
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