Property summary
This exceptional investment opportunity presents a 33,664 square foot, single-story, Class C office building located at 990 Village Square Dr, Tomball, TX 77375. The property, built in 1983 and extensively renovated in 2023, boasts a tilt-wall and brick construction. It sits on approximately 2.496 acres (108,790 square feet) of land and offers approximately 100 free surface parking spaces. The building currently generates a Net Operating Income (NOI) of $295,000, resulting in an 8.08% cap rate. The 2025 estimated gross income is projected at $445,000. The property is zoned OT & MU (Old Town & Mixed Use) and benefits from city utilities (water, sewer, and trash). A new roof was installed in August 2020 at a cost of $210,000. The lease type is Modified Gross. This prime location is just one block from Main Street, across from the US Post Office, and less than a mile from Hwy 249 (Tomball Parkway), placing it in the heart of downtown Tomball. The asking price is $3,650,000 ($108.42 per square foot). The seller prefers all-cash or 1031 exchange buyers. This is a compelling opportunity for investors seeking a strong return in a thriving Texas market.
Property profile
VerifiedCap rate & NOI
Current use
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Tech Support Center IT Consulting Firm
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Physician Medical Clinic
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Trucking Company
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Law Firm Child Welfare Organization
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Counselor Mental Health Service
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
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.
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