2207 Crawford StHouston, TX 77003

  • Healthcare properties
  • 5,715 SF
For Sale
$2,600,000 View listing

Property Details for 2207 Crawford St

Year built
2004
Construction
CONCRETE BLOCKS
Lot size
0.34 AC
Property size (Sq ft)
5,715 SF
Property type
Healthcare properties
Property subtype
Medical offices
APN
1246630010001
APU
1246630010001

Description

This exceptional 5,480-square-foot freestanding medical office building, formerly a DaVita Dialysis Clinic, presents a unique investment opportunity in Houston's vibrant Midtown submarket. Situated on a 0.344-acre lot (15,000 square feet), the property boasts ample parking with 18 surface spaces and convenient access via two curb cuts. The single-story, Class B building was constructed in 2004 and features an iron fence surrounding the property. The building is currently vacant, offering flexibility for a variety of uses, including medical practices, retail businesses, or owner-operator ventures. Its prime location on Crawford Street at Hadley, within the Midtown Tax Increment Reinvestment Zone (TIRZ), ensures high visibility and accessibility. The property's Harris County location, with a Houston, Texas 77003 zip code, offers easy access to major thoroughfares and a thriving community. This single-tenant building presents a compelling opportunity for those seeking a well-located, versatile commercial space in a dynamic urban setting. The property's size, parking, and location make it an ideal choice for a variety of businesses seeking a prominent presence in Midtown Houston. The APN is 1246630010001.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,170,442
    6.5%
    $1,080,408
    7%
    $1,003,236
  • Comparable approach

    Method
    Valuation
    Relative Method
    $844,730
    Geo Method
    $1,711,014
  • Alternative Use

    Use
    Valuation
    Residential
    $1,339,705
    Hospitality
    $1,227,163
    Educational
    $1,020,985
    Medical
    $1,056,098
    Retail
    $1,588,199
2207 Crawford St, Houston, Texas

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.7443
Longitude
-95.367
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
$45,039
$975,000
$1,387,921
$2,362,921
-
$975,000
$1,387,921
$2,362,921

FAQs

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