515 Bay Area BlvdHouston, TX 77058

Property Details for 515 Bay Area Blvd

Year built

2001

Construction

BRICK

Lot size

0.87 AC

Property size (Sq ft)

6,770 SF

Property type

Retail space

APN

1157420000001

APU

1157420000001

Description

This exceptional retail space, located at 515 Bay Area Blvd in Houston, Texas, presents a fantastic leasing opportunity. Situated in a bustling Harris County shopping center, this 1,525 square foot unit is perfect for a variety of retail businesses. The property is categorized as a multi-tenant retail space, offering excellent visibility and foot traffic. The precise location within the shopping center is not specified, but its address in the thriving Bay Area Boulevard area of Houston ensures high exposure to potential customers. The property's latitude and longitude coordinates are 29.55160244480935 and -95.12596295157236 respectively, allowing for easy location verification using mapping services. The zip code is 77058. This space is ready for immediate occupancy and presents a unique chance to establish or expand a retail presence in a prime Houston location. Interested parties should inquire for further details regarding lease terms and conditions. The property is classified as a retail shopping center. Further information is available upon request. This is a single available space within a larger shopping center.

• CAP approach

  CAP return

  Valuation

  6%

  $2,038,166

  6.5%

  $1,881,384

  7%

  $1,746,999

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,521,686

  Geo Method

  $5,107,713

• Alternative Use

  Use

  Valuation

  Residential

  $1,587,018

  Hospitality

  $1,453,700

  Educational

  $1,209,461

  Medical

  $1,251,056

  Retail

  $1,881,384

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.5518

Longitude

-95.1262

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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