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8307 Gulf Fwy
Houston, TX 77017
Retail Property For Sale
Investment Highlights
- Located in the shadow of Houston's Central Business District.
- Located approximately 10 minutes South of Downtown Houston.
- Utilities are already in place.
- Located within a short distance from William Hobby Airport.
- Located in a very high traffic location.
- Located in an area that does not subscribe to zoning.
Executive Summary
The investment represents a tremendous upside with new leasing that are more in line with projected market rates.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,112 SF
Building Class
C
Year Built
1972
Cap Rate
6%
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.50 AC
Zoning
No Zoning
Parking
26 Spaces (4.86 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Fenced Lot
- Freeway Visibility
- Signage
Property Taxes
| Parcel Number | 0402020000012 | Improvements Assessment | $243,433 |
| Land Assessment | $219,760 | Total Assessment | $463,193 |
Property Taxes
Parcel Number
0402020000012
Land Assessment
$219,760
Improvements Assessment
$243,433
Total Assessment
$463,193
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