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Property profile & analytics
OFF-MARKET Estimated value $695,000
Office buildings

12623 Jones Rd Houston, TX 77070-4840

5,484 SF 0.6 ac lot Built 1981
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US82-3890236
Property summary
AI-generated overview

This exceptional 5,070 square foot office building, situated on a 0.6-acre lot at 12623 Jones Road in Houston, Texas, presents a unique investment opportunity. Built in 1995 and renovated in 2016, the property boasts a prime location in Northwest Houston, offering excellent visibility and signage with 105 feet of frontage on Jones Road. The building features multiple private offices, a spacious bullpen area, a conference room, a large lobby, and a reception area complete with granite counters and a kitchen area including a private restroom. Ample parking is available on an 11,000 square foot paved area. This property benefits from its location in a high-density residential and commercial area, providing convenient access to major employers such as Hewlett Packard, Methodist Willowbrook Hospital, The Vintage shopping center, and St. Luke's at The Vintage hospital. The high traffic volume of over 37,900 vehicles daily on Jones Road and over 51,000 vehicles daily on FM 1960/Cypress Creek Parkway ensures significant exposure. The property is located in Harris County and within the Cy-Fair Independent School District. This NNN leased, single-tenancy building is available for sale or lease. The property is classified as both Executive and Traditional Office space.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1981
Construction BRICK
Total area 5,484 SF
Lot 0.6 ac (25,940 SF)
APN 460560000027
UPID US82-3890236
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Delia Flanagan REALTOR Real Estate Agency
  • Denee Chitty Realtor Real Estate Agency
  • Ana Amezcua REALTOR® Real Estate Agency
  • David Pichowsky, Realtor Real Estate Agency
  • Shawna Ramos - REALTOR Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$673k
Blend (final) Blend
$695k
Owner & transaction history
Pleasant Cove INC
Pleasant Cove INC
2 recorded transactions
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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