2616 Blodgett StHouston, TX 77004

  • Retail properties
  • 26,530 SF
For Lease

Property Details for 2616 Blodgett St

Year built
1962
Construction
BRICK
Lot size
1.50 AC
Property size (Sq ft)
26,530 SF
Property type
Retail properties
Property subtype
Turn key restaurants
APN
1502300010001
APU
1502300010001

Description

This exceptional 200-square-foot commercial kitchen space, located at 2616 Blodgett St in Houston, Texas (zip code 77004), presents a fantastic opportunity for food entrepreneurs. Situated in Harris County, this Class B property offers a turnkey solution for various food businesses. The entire 200 square feet is currently vacant and ready for immediate occupancy. Ideal for a variety of uses, including ghost kitchens, catering businesses, food trucks expanding their operations, or startup concepts seeking a cost-effective entry into the market. The multiple tenancy structure allows for flexibility and potential for shared resources. This location is perfectly positioned to capitalize on the high demand for food delivery services. The property's efficient design minimizes overhead, making it an attractive option for businesses aiming to maximize profit margins and minimize initial investment. This is a rare opportunity to establish a thriving food business in a high-demand area with minimal upfront costs. The property is ready for immediate use, allowing for a quick and efficient start to your culinary venture.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,987,080
    6.5%
    $7,372,690
    7%
    $6,846,069
  • Comparable approach

    Method
    Valuation
    Relative Method
    $9,881,879
    Geo Method
    $20,015,898
  • Alternative Use

    Use
    Valuation
    Residential
    $6,219,140
    Hospitality
    $5,696,698
    Educational
    $4,739,586
    Medical
    $4,902,588
    Retail
    $7,372,690
2616 Blodgett St, Houston, Texas

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.7229
Longitude
-95.3702
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
$73,059
$1,629,150
$2,376,264
$4,005,414
-
$1,629,150
$2,376,264
$4,005,414

FAQs

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