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506 Houston Blvd 6,434 SF 100% Leased Retail Building South Houston, TX 77587 $850,000 ($132.11/SF) 6.07% Cap Rate
Investment Highlights
- High-visibility frontage with 376 feet along Houston Blvd
- Convenient on-site parking with 20 marked spaces.
Executive Summary
Rare Opportunity!!!! Retail center 100% occupied for sale corner lot of Houston Blvd and Kansas Ave in South Houston. Want an business owner opportunity? Call us for more information!
Data Room Click Here to Access
- Operating and Financials
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
6,434 SF
Building Class
C
Year Built
1950
Price
$850,000
Price Per SF
$132.11
Cap Rate
6.07%
NOI
$51,600
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
0.49 AC
Parking
20 Spaces (3.11 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0340800570016 | Improvements Assessment | $384,682 |
| Land Assessment | $319,500 | Total Assessment | $704,182 |
Property Taxes
Parcel Number
0340800570016
Land Assessment
$319,500
Improvements Assessment
$384,682
Total Assessment
$704,182
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ANS REALTY
506 Houston Blvd
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