817 Dallas StHouston, TX 77019

Property Details for 817 Dallas St

Year built

1930

Construction

CONCRETE BLOCKS

Lot size

0.23 AC

Property size (Sq ft)

4,280 SF

Property type

Bars

Property subtype

Pubs

APN

90650000005

APU

90650000005

Description

This exceptional 0.91-acre commercial land parcel presents a unique redevelopment opportunity in Houston's vibrant Midtown area. Located at 817 W Dallas St, Houston, TX 77019 (APN: 0090650000005), this property boasts a total square footage of 40,000 square feet, with a net rentable area of 2,500 square feet. The existing single-story building, constructed in 1998, offers 12,000+ square feet of space. The property includes 97 parking spaces, making it highly attractive for a variety of uses. Priced at $5,000,000 ($125/sq ft), this land offers significant upside potential given its strategic location. Its proximity to Houston's Central Business District (within 1 kilometer) and the Skyline District (also within 1 kilometer) provides unparalleled access to a dense population and thriving job market. The property's location directly off the Gulf Freeway (228,000 vehicles per day) ensures excellent connectivity to major highways I-45, I-10, and I-288. The surrounding 5-mile radius boasts a strong demographic profile, with over 484,000 residents and approximately 497,000 employees working across 43,000 businesses. This presents a rare chance to capitalize on a high-demand location with significant redevelopment potential. The property is zoned for Commercial, Industrial, and Residential uses.

• CAP approach

  CAP return

  Valuation

  6%

  $1,288,530

  6.5%

  $1,189,412

  7%

  $1,104,454

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,594,212

  Geo Method

  $3,229,101

• Alternative Use

  Use

  Valuation

  Residential

  $1,003,314

  Hospitality

  $919,030

  Educational

  $764,622

  Medical

  $790,919

  Retail

  $1,189,412

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.7574

Longitude

-95.3768

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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