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11526 Walters Rd. Houston tx 11526 Walters Rd 5,400 SF Retail Building Houston, TX 77067 $370,000 ($68.52/SF)
Investment Highlights
- Neighborhood Hard Corner
- Bones are still good on the building including flooring and brick walls
- Priced at lot value
Executive Summary
• Value-add opportunity priced to sell — well below replacement cost at just $74/SF
• 5,400 SF commercial building on 0.89 acres (38,960 SF lot)
• Former daycare center with existing layout and parking infrastructure
• Full remodel needed — blank canvas for buyer's vision
• Flexible layout supports multiple uses: daycare, church, auto parts, retail, or office
• Excellent frontage and signage visibility on Walters Rd
• Convenient access to I-45 and Veterans Memorial Drive
• Strong lot-to-building ratio with room for expansion or additional parking
• Total assessed value $522,339 vs. list price — significant equity margin
• North Houston submarket experiencing rapid residential and commercial growth
• 5,400 SF commercial building on 0.89 acres (38,960 SF lot)
• Former daycare center with existing layout and parking infrastructure
• Full remodel needed — blank canvas for buyer's vision
• Flexible layout supports multiple uses: daycare, church, auto parts, retail, or office
• Excellent frontage and signage visibility on Walters Rd
• Convenient access to I-45 and Veterans Memorial Drive
• Strong lot-to-building ratio with room for expansion or additional parking
• Total assessed value $522,339 vs. list price — significant equity margin
• North Houston submarket experiencing rapid residential and commercial growth
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
5,400 SF
Building Class
C
Year Built
1978
Price
$370,000
Price Per SF
$68.52
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.89 AC
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
20/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1069570000019 | Improvements Assessment | $385,979 |
| Land Assessment | $136,360 | Total Assessment | $522,339 |
Property Taxes
Parcel Number
1069570000019
Land Assessment
$136,360
Improvements Assessment
$385,979
Total Assessment
$522,339
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11526 Walters Rd. Houston tx | 11526 Walters Rd
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