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7600 San Felipe St Houston, TX 77063

Office buildings Google Maps
12,648 SF 0.79 ac lot Built 1978
Entity Owned 14-yr Hold Absentee Owner ~ Est. High Equity
7600 San Felipe St, Houston, TX 77063 For Lease
Contact for pricing
7600 San Felipe St, Houston, TX 77063
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Estimated value (blended)
$625k
Range $563k – $688k (±10%)
Property ID US82-2480493

Property summary

AI-generated overview

This exceptional 7,500 square foot executive office space presents a unique opportunity in the highly desirable Galleria area of Houston, Harris County. Situated within a 14,490 square foot, two-story Class C building constructed in 1978, this property boasts a prime location at the corner of Woodway Drive and San Felipe Street, near the intersection of San Felipe and Voss. The building features a security system with cameras, ensuring a safe and secure environment for tenants. Ample parking is provided with a 3.8 per 1,000 square foot ratio in a gated surface lot, including covered parking options. The building's convenient location offers easy access to major thoroughfares, including I-10 via Voss Road and I-610 via San Felipe Street, providing seamless commutes for employees and clients. Surrounding the property are various office buildings, residential communities, and retail establishments, creating a vibrant and convenient environment. This multi-tenant building offers immediate occupancy for a single tenant seeking a substantial space or multiple tenants seeking smaller suites. The property is ideal for businesses seeking a prestigious address with excellent accessibility and ample parking in a well-established area. This is a rare opportunity to secure a significant footprint in a thriving Houston submarket.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1978
Construction WOOD FRAME
Total area 12,648 SF
Lot 0.79 ac (34,325 SF)
APN 1296300010001
UPID US82-2480493

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
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Consultant
  • Consultant
  • Agricultural Supply
  • Corporate Office

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$495k
CAP Approach CAP
by Request
Comparable Approach Comparable
$754k
Blend (final) Blend
$625k

Owner & transaction history

since 2011
4 recorded transactions
2020
Price N/A
2011
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Medical building $805,000 +63.3%
Warehouse, storage $780,000 +57.8%
Retail stores $625,000 +26.3%

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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