617 CarolineHouston, TX 77002

  • Office properties
  • 18,160 SF
For Lease
$15/SF/YR View listing

Property Details for 617 Caroline

Year built
1920
Construction
BRICK
Lot size
0.12 AC
Property size (Sq ft)
18,160 SF
Property type
Office properties
Property subtype
Office buildings
APN
10720000006
APU
10720000006

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,719,198
    6.5%
    $3,433,106
    7%
    $3,187,884
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,684,217
    Geo Method
    $5,436,922
  • Alternative Use

    Use
    Valuation
    Residential
    $4,257,052
    Hospitality
    $3,899,436
    Educational
    $3,244,285
    Medical
    $3,355,861
    Retail
    $5,046,666
617 Caroline, Houston, Texas

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.7576
Longitude
-95.3602
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $1,196,084
  • Assessed land value
    $1,343,000
  • Assessed value
    $2,539,084
  • Tax year
    2022
  • Tax bill
    $50,547

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