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1308 Kingwood Dr
Humble, TX 77339

Office Property For Sale

Executive Summary

Presenting an exceptional investment opportunity at 1308 Kingwood Drive in Kingwood, TX, a distinguished medical/professional building featuring a lucrative long-term tenant. Improvements consist of a 4,650 SF, Class B, 100% occupied, single-tenant medical/professional building located in a high income suberb of Houston, TX. Built in 1983, the Property is part of a five building business park and features a glass exterior and a ~4.49/1,000 SF parking ratio in a shared business park lot. Currently 100% occupied by a psychiatry and counseling firm. Current annual rents are $20.00/SF/YR with $0.50 annual increases.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
4,650 SF
Building Class
C
Year Built/Renovated
1980/1991
Price
$800,000
Price Per SF
$172
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,650 SF
Building FAR
0.97
Lot Size
0.11 AC
Zoning
None
Parking
1.9 Spaces per 1,000 SF Leased

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1152860000140
Land Assessment
$47,590
Improvements Assessment
$440,441
Total Assessment
$488,031
  • Listing ID: 33827695

  • Date on Market: 11/11/2024

  • Last Updated:

  • Address: 1308 Kingwood Dr, Humble, TX 77339

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