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Property profile & analytics
OFF-MARKET Estimated value $780,000
Office buildings

16822 Eldridge Pkwy Tomball, TX 77377-9078

3,318 SF 0.53 ac lot Built 2017
Entity Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US83-0656200
Property summary
AI-generated overview

This exceptional offering presents two suites within Building 16822 of the prestigious Pelican Park in Tomball, Texas. This single-story, Class B office building, constructed in 2017, boasts a total of 3,408 square feet. The property is part of an eight-building complex, offering a unique blend of traditional and executive office spaces in a thriving Northwest Houston location. Each suite benefits from external CCTV cameras, ensuring enhanced security. The convenient location provides easy access to major thoroughfares including the Grand Parkway (99), Tomball Parkway (249), and Spring Cypress Road, placing you near residential areas, shopping, and dining options. The property's design blends upscale professionalism with a relaxed atmosphere, making it an ideal location for businesses seeking a modern and secure workspace. The complex features a distinctive architectural style and offers a high-quality work environment. This is a multi-tenant building situated at 16822 N Eldridge Pkwy, Tomball, TX 77377. The property's prime location and modern amenities make it a highly desirable investment opportunity. The building's strategic placement at the intersection of North Eldridge and Spring Cypress Road along North Eldridge Parkway offers unparalleled accessibility.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2017
Construction BRICK
Total area 3,318 SF
Lot 0.53 ac (23,052 SF)
APN 1364120010005
UPID US83-0656200
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
  • Body Radiance & Wellness Spa & Massage Center Alternative Medicine Practice
  • Dash Title Title Company
  • Charlotte Zornes - Your Mortgage Professional NMLS# 621596 Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$715k
Comparable Approach Comparable
by Request
Blend (final) Blend
$780k
Owner & transaction history
12620 Matteson LLC · 5 yrs held
12620 Matteson LLC
since 2020
1 recorded transaction
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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