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Martin Luther King- Gas Station 10601 Martin Luther King Blvd 1,750 SF Retail Building Houston, TX 77048 $569,000 ($325.14/SF)
INVESTMENT HIGHLIGHTS
- Transferable Beer and Wine License.
- West of Hobby Airport.
- Corner lot on very busy intersection (Airport and MLK Blvd.)
EXECUTIVE SUMMARY
This rare opportunity allows savvy investors to expand their portfolio with this stratigically located hard corner lot.
-Transferable beer and wine license
-Located on a large corner lot on Martin Luther king Blvd and Airport Blvd
-Boasts direct frontage (138 LF) to Airport Boulevard with exposure to ~9,000 passing vehicles each day
-Boasts direct frontage (120 LF) to MLK Boulevard with exposure to ~14,000 passing vehicles each day
-Located west of Hobby Airport
-Very busy intersection
Feasibility study report completed in 2021 with projected volume and sales.
Phase II Environmental Site Assessment Report completed in 2021 (Clean)
-Transferable beer and wine license
-Located on a large corner lot on Martin Luther king Blvd and Airport Blvd
-Boasts direct frontage (138 LF) to Airport Boulevard with exposure to ~9,000 passing vehicles each day
-Boasts direct frontage (120 LF) to MLK Boulevard with exposure to ~14,000 passing vehicles each day
-Located west of Hobby Airport
-Very busy intersection
Feasibility study report completed in 2021 with projected volume and sales.
Phase II Environmental Site Assessment Report completed in 2021 (Clean)
PROPERTY FACTS
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
1,750 SF
Year Built
1965
Price
$569,000
Price Per SF
$325.14
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.48 AC
Opportunity Zone
Yes
Zoning
None
Frontage
PROPERTY TAXES
| Parcel Number | 0913750000009 | Improvements Assessment | $65,721 |
| Land Assessment | $251,640 | Total Assessment | $317,361 |
PROPERTY TAXES
Parcel Number
0913750000009
Land Assessment
$251,640
Improvements Assessment
$65,721
Total Assessment
$317,361
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Martin Luther King- Gas Station | 10601 Martin Luther King Blvd
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