200 Valleywood Rd Spring, TX 77380
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.