11415 Bellaire BlvdHouston, TX 77072

Property Details for 11415 Bellaire Blvd

Year built

2005

Construction

CONCRETE BLOCKS

Lot size

0.92 AC

Property size (Sq ft)

17,348 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

991260000007

APU

991260000007

Description

This thriving 1,100 square foot restaurant located at 11415 Bellaire Blvd, Suite K, Houston, Texas 77072, is available for $100,000. Currently generating a monthly rent of $3,300, this established business presents a unique opportunity for a savvy investor. Situated in a prime location on Bellaire Boulevard in Harris County, this turnkey operation boasts excellent visibility and high foot traffic. The sale includes the established business and the current owner will even share their recipe, ensuring a smooth transition for the new owner. The property is categorized as retail, specifically a restaurant, offering immediate income potential. The 1,100 square foot space is ready for immediate occupancy, eliminating the need for extensive renovations or build-out. This is an exceptional chance to acquire a profitable, established restaurant in a high-demand area. The property's coordinates are 29.7033253 latitude and -95.5806408 longitude. Don't miss this chance to own a piece of Houston's vibrant culinary scene.

• CAP approach

  CAP return

  Valuation

  6%

  $5,222,762

  6.5%

  $4,821,011

  7%

  $4,476,653

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,461,772

  Geo Method

  $13,088,421

• Alternative Use

  Use

  Valuation

  Residential

  $4,066,703

  Hospitality

  $3,725,078

  Educational

  $3,099,221

  Medical

  $3,205,808

  Retail

  $4,821,011

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.7034

Longitude

-95.5804

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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