5708 Bingle RdHouston, TX 77092

Property Details for 5708 Bingle Rd

Year built

1972

Construction

METAL FRAME

Lot size

0.36 AC

Property size (Sq ft)

4,264 SF

Property type

Retail properties

Property subtype

Auto shops

APN

301700150033

APU

301700150033

Description

This 6,280 square foot auto repair shop, located at 5708 Bingle Rd in Houston, Texas, presents a fantastic investment opportunity. Situated on a 0.36-acre corner lot in Harris County (zip code 77092), this Class C retail property offers exceptional visibility and accessibility. The building boasts a 15-foot clear height, ten overhead doors, and a dedicated paint booth, making it ideal for a variety of automotive businesses. An existing office and reception area provide ample space for administrative functions. The property benefits from city utilities and convenient access to Highway 290. With approximately 34,000 vehicles passing daily on Bingle Road, this location offers significant traffic exposure. The property features two road access points, enhancing convenience for both customers and employees. Importantly, this location is outside all designated flood zones. The lease is a NNN (Net, Net, Net) single-tenancy agreement. This well-equipped auto shop is ready for immediate occupancy and represents a strong value proposition in a high-traffic area of Houston.

• CAP approach

  CAP return

  Valuation

  6%

  $1,283,713

  6.5%

  $1,184,966

  7%

  $1,100,326

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,588,252

  Geo Method

  $3,217,030

• Alternative Use

  Use

  Valuation

  Residential

  $999,563

  Hospitality

  $915,594

  Educational

  $761,764

  Medical

  $787,962

  Retail

  $1,184,966

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.8478

Longitude

-95.4885

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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