2402 Broad StHouston, TX 77087

  • Office buildings
  • 1,602 SF

Property Details for 2402 Broad St

Year built
1965
Construction
BRICK
Lot size
1.09 AC
Property size (Sq ft)
1,602 SF
Property type
Office buildings
APN
410300000160
APU
410300000160

Description

This exceptional industrial warehouse property, located at 2402 Broad Street in Houston, Texas, presents a significant investment opportunity. Situated in Harris County, zip code 77087, this warehouse boasts a strategic location within the vibrant Houston market. The property's precise coordinates are 29.7074584 latitude and -95.3049432 longitude, offering easy access to major transportation routes and facilitating efficient logistics. Classified as an industrial property with a warehouse subtype, this asset is ideal for businesses requiring substantial storage and operational space. Further details regarding the property's size, specifications, and potential uses are available upon request. Interested parties are encouraged to contact the office to obtain comprehensive information and explore this compelling investment prospect. This property is being offered for sale and represents a chance to acquire a well-positioned industrial asset in a thriving Texas market. The property's address is clearly identified as 2402 Broad Street, Houston, TX 77087. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $328,092
    6.5%
    $302,854
    7%
    $281,222
  • Comparable approach

    Method
    Valuation
    Relative Method
    $236,790
    Geo Method
    $479,623
  • Alternative Use

    Use
    Valuation
    Residential
    $375,539
    Hospitality
    $343,992
    Educational
    $286,197
    Medical
    $296,040
    Retail
    $445,196

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.7076
Longitude
-95.3052
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
$24,088
$567,552
$643,389
$1,210,941
-
$567,552
$643,389
$1,210,941

FAQs

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