17400 El Camino RealHouston, TX 77058

  • Strip malls
  • 10,251 SF
For Lease
$15/SF/YR View listing

Property Details for 17400 El Camino Real

Year built
1974
Construction
BRICK
Lot size
0.96 AC
Property size (Sq ft)
10,251 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
992460000002
APU
992460000002

Description

This exceptional 10,251 square foot retail and office property, located at 17400 El Camino Real in Houston, Texas (zip code 77058), presents a unique investment opportunity. The single-story, 1971-built building sits on a spacious 41,783 square foot lot and is classified as Class C. Currently, there are seven suites, with one vacant suite totaling 800 square feet readily available for lease. The property's diverse subtype allows for traditional, medical, or creative office uses. Its convenient location offers high traffic volume and ample parking for 100 vehicles, situated in a safe cul-de-sac setting. The El Camino Real Shopping Center benefits from its proximity to the well-maintained Friendswood Development Community of Clear Lake City, the Johnson Space Center (NASA), and Space Center Houston. Easy access to NASA Parkway and I-45 further enhances its appeal. The property's APN is 0092460000002. This is an excellent opportunity to acquire a well-positioned commercial property in a thriving Houston neighborhood. The available 800 square foot space offers immediate occupancy potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,086,150
    6.5%
    $2,848,754
    7%
    $2,645,272
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,818,286
    Geo Method
    $7,733,998
  • Alternative Use

    Use
    Valuation
    Residential
    $2,403,030
    Hospitality
    $2,201,163
    Educational
    $1,831,342
    Medical
    $1,894,324
    Retail
    $2,848,754

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.5495
Longitude
-95.111
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
$7,759
$501,396
$459,239
$960,635
-
$501,396
$459,239
$960,635

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