Current Use by Public Records
- Retail properties & Spaces
Property Details for 16842 State Hwy
- Year built
- 1992
- Lot size
- 5.78 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Webster
- County
- Harris
- State
- Texas
- Longitude
- -95.1283
- Latitude
- 29.5478
