Individually Owned 
For Lease
1 / 8
$325/Mo per office
16735 Gresham Cir, Flint, TX 75762
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Property summary
AI-generated overview
This exceptional two-story, 8,000 square foot Class B office building in Flint, Texas, offers multiple tenancy options. Situated on 1.8 acres at 16735 Gresham Circle (cross street: Old Jacksonville Hwy), this property provides a convenient location with ample parking. Currently, two individual office spaces are available, ranging from 80 to 110 square feet, perfect for entrepreneurs or small businesses. Leases offer flexible terms and monthly rates ranging from $350 to $650. Each lease includes a comprehensive service package encompassing high-speed WiFi, all utilities, and regular janitorial services for the common areas, ensuring a clean and professional work environment. The building features modern amenities, creating a productive and successful workspace. This prime location in Flint, TX, zip code 75762, offers easy access to major roadways and local amenities. The building's single structure provides a cohesive and collaborative atmosphere. Don't miss this opportunity to secure your ideal office space.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2017
Total area
8,000 SF
Lot
1.38 ac (60,069 SF)
APN
1-14530-0000-00-005070
UPID
US83-0638991
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
-
Financial Advisor
-
Spa & Massage Center Skin Care Clinic
-
Hair Salon
-
Medical Clinic Skin Care Clinic
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$465k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$743k
Blend (final)
Blend
$605k
Owner & transaction history
Zoning & alternative use
Top alternative use upside
Restaurant
$865,000
+60.4%
Retail stores
$720,000
+33.5%
Auto repair, garage
$700,000
+30.2%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$605k
Value range
$545k – $666k
±10% around blend
Estimated value / SF
$76 / SF
Confidence
Property data
75
Comparable evidence
60
Income certainty
100
$545k
blend $605k
$666k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
8,000 SF
Lot area
1.38 ac
Year built
2017
APN
1-14530-0000-00-005070
Assessed value
$1,419,693
Annual tax
$19,984
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$19,984
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$743k
Range $407k – $743k
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$605k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+60%
vs current-use indication
Retail Stores
Auto Repair, Garage
Warehouse, Storage
Office Building · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$20k
Move the market yield to see immediate price impact.
Value / SF
$3
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$1k
$26k
$18k
$14k
$1k
$29k
$20k
$16k
$2k
$31k
$22k
$17k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$19,984
Tax year 2023
Assessed value
$1,419,693
Assessed 2023
Previous assessed
$1,419,693
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$135,156
Assessed improvement
$1,284,537
Land market value
$135,156
Improvement market value
$1,284,537
Total market value
$1,419,693
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2017
Heating
NONE
Buildings
3
Total area
8,000 SF
Lot
1.38 ac (60,069 SF)
APN
1-14530-0000-00-005070
UPID
US83-0638991
Jurisdiction
SMITH
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2017
Heating
NONE
Buildings
3
Lot
1.38 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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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?”
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