10252 Almeda Genoa RdHouston, TX 77034

  • Strip malls
  • 9,000 SF

Property Details for 10252 Almeda Genoa Rd

Year built
2008
Construction
WOOD FRAME
Lot size
0.47 AC
Property size (Sq ft)
9,000 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
280640030033
APU
280640030033

Description

This exceptional 6.31-acre commercial land tract presents a prime investment opportunity in Houston, Texas. Strategically located at 10252 Almeda Genoa Rd, in Harris County, zip code 77034, this property boasts unparalleled accessibility and visibility. Its location within an established retail hub ensures high traffic volume and significant exposure. The site enjoys excellent proximity to I-45 (Gulf Freeway), providing easy access for customers and employees. Furthermore, the property benefits from exceptional visibility from all major roadways, maximizing its marketing potential. The site's adjacency to Almeda Mall, which attracts over 2.4 million annual visitors, further enhances its desirability and potential for high returns. This substantial land parcel offers significant development potential for a variety of commercial uses, capitalizing on its prime location and high-traffic environment. The property's coordinates are 29.6124152 latitude and -95.1901384 longitude. Pricing is available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,709,526
    6.5%
    $2,501,101
    7%
    $2,322,451
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,352,314
    Geo Method
    $6,790,165
  • Alternative Use

    Use
    Valuation
    Residential
    $2,109,772
    Hospitality
    $1,932,540
    Educational
    $1,607,851
    Medical
    $1,663,147
    Retail
    $2,501,101

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.6273
Longitude
-95.2311
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$8,162
$406,840
$309,665
$716,505
-
$406,840
$309,665
$716,505

FAQs

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