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Property profile & analytics
FOR SALE
Commercial real estate

256 Ed English Dr Shenandoah, TX 77385

730 SF Built 2016
Individually Owned 6-yr Hold
Property ID
US83-2259148
Property summary
AI-generated overview

This exceptional 730-square-foot Class B office condo, built in 2016, presents a fantastic owner-user or investment opportunity. Located at 256 Ed English Drive, Suite A, Building 4, Shenandoah, TX 77385, this single-unit property boasts a prime location adjacent to the Portofino Shopping Center, offering convenient access to I-45, Research Forest, and Hwy 242 via the soon-to-be-completed Memorial Drive. The asking price is $225,000, translating to $308.22 per square foot. The property features two offices, a reception area, a restroom, and a small kitchen/breakroom. It's meticulously maintained and offers a quiet, clean work environment, ideal for a variety of businesses, including real estate, insurance, or other small professional offices. The property is zoned for commercial use and the occupancy date is June 1, 2024. Investors will appreciate the high demand for reasonably priced office space in this desirable location, ensuring strong potential returns. Easy access from multiple directions and convenient I-45 on/off ramps further enhance its appeal. This is a rare opportunity to acquire a well-maintained, conveniently located office condo in a thriving Texas community.

Property profile
Verified
Property type Commercial real estate
Year built 2016
Total area 730 SF
UPID US83-2259148
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Cobblestone Counseling PLLC · 6 yrs held
Cobblestone Counseling PLLC
since 2020
1 recorded transaction
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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