1416 Fm 528 RdWebster, TX 77598

Property Details for 1416 Fm 528 Rd

Year built

2018

Construction

CONCRETE BLOCKS

Lot size

1.23 AC

Property size (Sq ft)

10,854 SF

Property type

Retail space

APN

1384440020001

APU

1384440020001

Description

This 3,057 square foot restaurant space is located at 1416 FM 528 Suite D in Webster, Texas, 77598. Situated within the Odyssey Business Park, this single-tenant property offers exceptional visibility and convenient access to major thoroughfares. The building's total square footage is 10,176 square feet. The restaurant space itself is fully equipped for immediate occupancy, minimizing setup time and costs for new businesses. A key feature is the existing patio area, which presents an opportunity for expansion or conversion into a drive-thru lane, enhancing operational flexibility and customer convenience. The property benefits from direct access to Gulf Freeway 45, providing seamless ingress and egress. Its strategic location places it in close proximity to significant attractions and residential areas, including Baybrook Mall, Great Wolf Lodge, NASA facilities, and the Flyway. This high-traffic area ensures a steady stream of potential customers and excellent brand visibility, making it an ideal location for a thriving restaurant business. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $3,267,688

  6.5%

  $3,016,328

  7%

  $2,800,876

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,042,892

  Geo Method

  $8,188,939

• Alternative Use

  Use

  Valuation

  Residential

  $2,544,385

  Hospitality

  $2,330,643

  Educational

  $1,939,068

  Medical

  $2,005,755

  Retail

  $3,016,328

Location Insight

City

Webster

County

Harris

State

Texas

Latitude

29.526

Longitude

-95.1354

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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