200 Valleywood Rd Spring, TX 77380
- Office Properties & Spaces
- 20,278 SF
- 2.56 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 200 Valleywood Rd
- Year built
- 2000
- Lot size
- 2.56 lot acres
- Property size
- 20,278 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This exceptional one-story, 20,278 square foot office building in The Woodlands, Texas, presents a compelling investment opportunity. Built in 2000, the Class B property boasts eight units and is situated on a 2.558-acre lot. The building features a tranquil interior courtyard with a koi pond, keypad-controlled access, gated entry, and ample parking, including covered reserved spaces. Its prime location offers easy access to I-45, the Hardy Toll Road, and City Place, while being only 20 minutes from George Bush Intercontinental Airport (IAH). The property currently generates a 7.80% cap rate with a NOI of $351,302, and a pro-forma cap rate of 8.60% with a pro-forma NOI of $385,680. The asking price is $4,500,000, translating to $221.92 per square foot. This well-maintained building is ideal for a variety of uses, including executive, medical, and traditional office spaces. The property's strong financials and convenient location make it an attractive investment prospect.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Spring
- County
- Montgomery
- State
- Texas
- Longitude
- -95.4475
- Latitude
- 30.1349
