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Multi-Purpose/Child Care/ Medical 1125 Roberts Cut Off Rd 5,670 SF Vacant Retail Building River Oaks, TX 76114 $698,000 ($123.10/SF) 8.77% Cap Rate
INVESTMENT HIGHLIGHTS
- Corner Lot with surface parking
EXECUTIVE SUMMARY
Large corner commercial lot building for multiple uses, doctor office, child care, etc. This building was specifically built and utilized as a fully functional childcare service provider for years located in a prime location to open and operate daycare services. Multiple opportunities with the this property!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,670 SF
Building Class
B
Year Built
1988
Price
$698,000
Price Per SF
$123.10
Cap Rate
8.77%
NOI
$61,200
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
0.42 AC
Zoning
C1; River Oaks - Commercial, Multi-Family
Frontage
AMENITIES
- 24 Hour Access
- Corner Lot
- Security System
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 02109743 | Improvements Assessment | $307,750 |
| Land Assessment | $92,250 | Total Assessment | $400,000 |
PROPERTY TAXES
Parcel Number
02109743
Land Assessment
$92,250
Improvements Assessment
$307,750
Total Assessment
$400,000
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Presented by
Michael Farris Jr Real Estate
Multi-Purpose/Child Care/ Medical | 1125 Roberts Cut Off Rd
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