5959 CorporateHouston, TX 77036

  • Office properties
  • 451,993 SF
Off market
$29,222,230 Estimated

Property Details for 5959 Corporate

Year built
1977
Construction
BRICK
Lot size
23.98 AC
Property size (Sq ft)
451,993 SF
Property type
Office properties
Property subtype
Office buildings
APN
1041560000002
APU
1041560000002

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $92,568,920
    6.5%
    $85,448,232
    7%
    $79,344,784
  • Comparable approach

    Method
    Valuation
    Relative Method
    $66,808,764
    Geo Method
    $135,322,192
  • Alternative Use

    Use
    Valuation
    Residential
    $105,955,808
    Hospitality
    $97,054,952
    Educational
    $80,748,576
    Medical
    $83,525,648
    Retail
    $125,608,896
5959 Corporate, Houston, Texas

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.7136
Longitude
-95.5502
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $18,665,807
  • Assessed land value
    $5,484,796
  • Assessed value
    $24,150,603
  • Tax year
    2022
  • Tax bill
    $334,685

FAQs

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