Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2441 High Timbers Dr Spring, TX 77380
    Back to Search
    Property profile & analytics

    2441 High Timbers Dr Spring, TX 77380

    View on Map
    • Office properties & Spaces
    • 31,400 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Advantage Center Consulting / Life Coach / Alternative Medicine Practitioner
    • April Roberts - State Farm Insurance Agent / Insurance Agency
    • Vernier & Associates PLLC / Law Firm / Child Welfare Organization
    • The Bolton Law Firm, P.C. / Law Firm / Child Welfare Organization
    • Sharon E. Conway, Attorney at Law / Law Firm

    Property Details for 2441 High Timbers Dr

    Year built
    2002
    Property size
    31,400 SF
    Property type
    Office properties & Spaces
    Property subtype
    Office Units

    Description

    This exceptional Class A office building, High Timbers Executive Plaza, offers 31,400 square feet of prime office space in the desirable Woodlands Town Center, Spring, Texas. Located at 2441 High Timbers, this four-story building boasts a modern design and convenient access to major roadways. Currently, there are 2,983 square feet of vacant space available, perfect for a variety of professional businesses. The building features a 10-foot ceiling height throughout, providing a spacious and comfortable work environment. With ample parking (96 spaces) and situated on a 1.31-acre lot, this property offers convenience and accessibility. Built in 2002, High Timbers Executive Plaza is well-maintained and offers a professional atmosphere. The property is zoned for executive office and professional uses, making it ideal for businesses seeking a prestigious location in a thriving community. The building's location near Grogans Mill in The Woodlands Town Center provides easy access to a variety of amenities, including restaurants, shopping, and entertainment. This is a rare opportunity to secure high-quality office space in a highly sought-after location. The available space totals 2,983 square feet and is ready for immediate occupancy. Contact us today to schedule a viewing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spring
    County
    Montgomery
    State
    Texas
    Longitude
    -95.471
    Latitude
    30.1619

    Comparable in this City

    • Value Estimation by Request
      2,500 SF

      2001 Timberloch Pl

      Office Units • 2,500 SF
      2001 Timberloch Pl, Spring, TX 77380
      View Details
    • Value Estimation by Request
      35,847 SF

      8845 Six Pines Dr

      Coworking space • 35,847 SF
      8845 Six Pines Dr, Shenandoah, TX 77380
      View Details
    • Value Estimation by Request
      46,246 SF

      314 Sawdust Rd

      Office Units • 46,246 SF
      314 Sawdust Rd, Spring, TX 77380
      View Details
    • Value Estimation by Request
      14,688 SF

      21 Waterway Ave

      Office Units • 14,688 SF
      21 Waterway Ave, Spring, TX 77380
      View Details
    • Value Estimation by Request
      8,000 SF

      26410 Oak Ridge Dr

      Office Units • 8,000 SF
      26410 Oak Ridge Dr, Spring, TX 77380
      View Details
    • Value Estimation by Request
      232,368 SF

      9595 Six Pines Dr

      Office Units • 232,368 SF
      9595 Six Pines Dr, The Woodlands, TX 77380
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      The Woodlands Town Center Office

      Office space in The Woodlands Town Center, near amenities.
      2002 Timberloch Pl, The Woodlands, TX 77380
      View Details
    • Contact for pricing

      The Woodlands Town Center Office

      Atrium-style office building in The Woodlands Town Center.
      2202 Timberloch Pl, The Woodlands, TX 77380
      View Details
    • Contact for pricing
      2,250 SF

      Brownstone Office Condominiums For Sale

      Two finished office suites in a secure, gated professional complex.
      25511 Budde Rd, The Woodlands, TX 77380
      View Details
    • Contact for pricing
      1,200 SF

      Turnkey Office Space in Woodlands

      Efficient 1,200 SF office space near major roadways.
      25329 Budde Rd, The Woodlands, TX 77380
      View Details
    • Contact for pricing

      Office/Medical Build-to-Suit Opportunity

      Proposed office or medical space for lease in Woodlands submarket.
      25919 Oak Ridge Dr, Spring, TX 77380
      View Details
    • Contact for pricing

      The Woodlands Town Center Office

      Office space in The Woodlands Town Center, scenic views.
      2203 Timberloch Pl, The Woodlands, TX 77380
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Spring Office Spaces Available

      Office spaces for rent ranging from 454 to 1,316 SqFt.
      431 Nursery Rd, Spring, TX 77380
      View Details
    • Contact for pricing

      The Woodlands Office Suites Available

      Office suites for lease with golf course views.
      1776 Woodstead Ct, The Woodlands, TX 77380
      View Details
    • Contact for pricing

      Furnished Office Space Available

      Fully-furnished office spaces with shared amenities and utilities included.
      2001 Timberloch Pl, Spring, TX 77380
      View Details
    • Contact for pricing

      Office Space in Woodlands Town Center

      Office spaces for rent in The Woodlands Town Center.
      2202 Timberloch Pl, The Woodlands, TX 77380
      View Details
    • Contact for pricing

      Flexible Workspace Solutions Available

      Global network of workspaces with flexible options for rent.
      21 Waterway Ave, The Woodlands, TX 77380
      View Details
    • $21 SF/Yr
      591 SF

      Office Space Near Woodlands Town

      Office space suitable for various professional services near major locations.
      26410 Oak Ridge Dr, Spring, TX 77380
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2441 High Timbers Dr
    Spring, TX 77380
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2441 High Timbers Dr, Spring, TX, 77380
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!