1539 Cypress Station DrHouston, TX 77090

Property Details for 1539 Cypress Station Dr

Year built

1992

Construction

CONCRETE BLOCKS

Lot size

0.66 AC

Property size (Sq ft)

5,360 SF

Property type

Auto shops

APN

1082250000005

APU

1082250000005

Description

This exceptional 5,360 square foot automotive repair shop, built in 1992 and completely renovated in 2023, presents a unique investment opportunity in Houston, TX. Located at 1539 Cypress Station Dr, 77090, this single-story building sits on a 0.65-acre lot and is zoned for commercial use. The property boasts eight service bays equipped with five two-post and two four-post lifts, catering to a wide array of automotive repair needs. Ample parking is available with 28 spaces. Currently vacant, this property offers immediate occupancy for a new business. Its size and layout are ideally suited for a full-service automotive repair shop, and its zoning allows for future expansion into a dealership, presenting significant growth potential. The property's recent renovation ensures modern and efficient operations. This turnkey operation is ready for immediate use, offering a rare combination of established infrastructure and future expansion possibilities in a prime Houston location. Don't miss this chance to acquire a well-positioned property in a thriving market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,715,650

  6.5%

  $1,583,670

  7%

  $1,470,550

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,052,890

  Geo Method

  $1,668,920

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,121,380

  Mixed-Use / Specialty

  $1,564,670

  Hospitality / Lodging

  $1,130,550

  Office

  $1,541,460

  Institutional / Educational

  $1,621,850

  Residential Income

  $1,897,560

  Multifamily

  $2,349,900

  Automotive / Energy

  $1,390,160

  Parking / Income-Based Land

  $492,925

  Restaurant / Food Service

  $785,283

  Healthcare / Senior Housing

  $1,618,240

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

30.0182

Longitude

-95.4359

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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