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    11780 Fm 1960 Rd Houston, TX 77065

    Sponsored
    For Sale
    $450,000

    Houston Office/Retail Space: Lease or Buy

    Property size:
    1,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1,500 square foot executive office space, located at 11780 FM 1960 in Houston, Texas, presents a unique investment opportunity. Currently configured as a pharmacy, this versatile property is ideal for a variety of businesses. Built in 1995, the space is situated in a well-established commercial center at the northwest corner of FM 1960 and Fallbrook Drive, boasting excellent visibility and high traffic counts. FM 1960 sees an average daily traffic volume exceeding 49,000 vehicles, while Fallbrook Drive averages over 12,000 vehicles per day. This prime location benefits from its proximity to major thoroughfares, including Highway 290 (less than 2 miles away), ensuring easy access for employees and customers. The property is situated within a high-density commercial and residential area in Harris County, zip code 77065, offering a strong customer base. The asking price is $450,000, and a modified lease is available. Ample additional parking is conveniently located at the rear of the building. This property offers a blend of high visibility, convenient location, and adaptable space, making it an attractive proposition for discerning buyers or lessees.

    Property Features for 11780 Fm 1960 Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,500 SF

    Building Details

    Year Built
    1995
    Property Profile Location Intelligence

    Current Use by Public Records

    Nguyen Anh V ... Dermatologist

    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
    County
    Harris
    State
    Texas
    Longitude
    -95.5971372
    Latitude
    29.9266514

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    FAQs

    What type of property is this?
    Office Property / Space - Houston Office/Retail Space: Lease or Buy
    Where is this office property / space located?
    The property is located at 11780 Fm 1960 Rd Houston, TX.
    What is the asking price?
    The asking price for this property is $450,000.
    Request Owner's contact information
    11780 Fm 1960 Rd Houston, TX 77065
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    Houston, TX 77065
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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
    11780 Fm 1960 Rd Houston, TX 77065
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