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16510 Northchase Dr 1Rst & 2nd Houston, TX 77060

Office buildings Google Maps
20,568 SF 1.12 ac lot Built 1978
Individually Owned 8-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$550k
Range $495k – $605k (±10%)
Property ID US82-2749061

Property summary

AI-generated overview

This exceptional Houston office space at 16510 Northchase Dr, Houston, TX 77060, offers a diverse range of flexible work solutions in Harris County. The property caters to various business needs, providing traditional office suites, executive offices, coworking spaces, medical offices, and creative office environments. Tenancy is multiple, allowing for businesses of all sizes to find a suitable fit. Options range from fully furnished and equipped private offices tailored to individual requirements, including serviced, custom, disaster recovery, and day offices, to shared coworking spaces with hot-desking availability. Meeting rooms are also available, accommodating informal chats or formal presentations, training sessions, interviews, board meetings, or conferences, for durations ranging from an hour to several days. For businesses seeking a prestigious address without the overhead of a full-time office, virtual office options are available, including mail handling and virtual assistant services, along with access to lounges and office space for a limited number of days per month. Flexible working plans provide access to a global network of workspaces, offering a variety of options for access to private offices or coworking spaces on a daily, weekly, or monthly basis. The property is ideally suited for businesses seeking adaptable and scalable workspace solutions to meet their evolving needs. The building's exact square footage is currently unavailable. Inquire today to explore the possibilities and find the perfect workspace for your business.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1978
Construction BRICK
Total area 20,568 SF
Lot 1.12 ac (48,700 SF)
APN 1083850000003
UPID US82-2749061

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Factory Production Facility

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$550k

Owner & transaction history

since 2017
2 recorded transactions
2020
Price N/A
2017
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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