2909 Baldwin StHouston, TX 77006

For Sale
$799,000 View listing
  • Investment properties
  • 2,000 SF

Property Details for 2909 Baldwin St

Year built
1912
Construction
FRAME
Lot size
0.11 AC
Property size (Sq ft)
2,000 SF
Property type
Investment properties
Property subtype
Live-work space
APN
132240000007
APU
132240000007

Description

This exceptional 2,300-square-foot office building, located at 2909 Baldwin Street in Houston, Texas, presents a unique opportunity. Situated in the vibrant Midtown neighborhood, this property enjoys convenient proximity to the Museum District and downtown Houston, offering easy access to major transportation arteries including I-10 and I-45. Originally constructed in 1912 and extensively renovated in 2012, this two-story building boasts a blend of historical charm and modern functionality. The building's classification as a Class B property reflects its well-maintained condition and attractive features. Its versatile design makes it suitable for a variety of uses, including executive offices, traditional office spaces, medical offices, creative offices, and even coworking arrangements. The single-tenancy structure provides privacy and control. Ample, secure parking is available for both employees and clients, adding to the property's overall appeal. Located in Harris County, zip code 77006, this property offers a compelling combination of location, functionality, and aesthetic appeal. The building's adaptability makes it an ideal investment for businesses seeking a prestigious and convenient location in the heart of Houston.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $409,603
    6.5%
    $378,095
    7%
    $351,089
  • Comparable approach

    Method
    Valuation
    Relative Method
    $295,619
    Geo Method
    $598,780
  • Alternative Use

    Use
    Valuation
    Residential
    $468,838
    Hospitality
    $429,453
    Educational
    $357,300
    Medical
    $369,588
    Retail
    $555,800
2909 Baldwin St, Houston, Texas

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.7464
Longitude
-95.3815
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
$10,666
$360,000
$158,499
$518,499
-
$360,000
$158,499
$518,499

FAQs

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