2500 Dunstan RdHouston, TX 77005

Property Details for 2500 Dunstan Rd

Year built

1980

Construction

STEEL FRAME

Lot size

1.93 AC

Property size (Sq ft)

21,681 SF

Property type

Office buildings

APN

1238490010001

APU

1238490010001

Description

This 1,752 square foot retail space is located at 2500 Dunstan Road in Houston, Texas, zip code 77005. The property is situated within an existing and operating 24 Hour Fitness gym, offering a unique opportunity for a complementary business. Ideal uses include, but are not limited to: martial arts, Brazilian Jiu Jitsu, kickboxing, boxing, self-defense, physical therapy, sports rehabilitation therapy, chiropractic services, therapeutic massage, grappling, drip therapy, weight loss advisory services and related programs, health diagnostic screening and testing, and sales of sport, health, and wellness products and accessories. The space is currently vacant and ready for immediate occupancy. Prospective tenants should note that uses involving on-site food and beverage preparation, pole dancing classes, or those requiring significant construction or utility upgrades are not permitted. Rent includes common area maintenance, property taxes, and utilities (excluding phone, cable, and internet). This presents a turnkey opportunity within a high-traffic fitness environment in the Houston submarket. The property is a multi-tenant building.

• CAP approach

  CAP return

  Valuation

  6%

  $4,440,305

  6.5%

  $4,098,743

  7%

  $3,805,976

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,204,653

  Geo Method

  $6,491,074

• Alternative Use

  Use

  Valuation

  Residential

  $5,082,441

  Hospitality

  $4,655,489

  Educational

  $3,873,312

  Medical

  $4,006,521

  Retail

  $6,025,152

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.7194

Longitude

-95.4173

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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