6705 Fondren RdHouston, TX 77036

Property Details for 6705 Fondren Rd

Year built

1972

Construction

BRICK

Lot size

0.48 AC

Property size (Sq ft)

2,550 SF

Property type

Drive through restaurants

APN

930660000019

APU

930660000019

Description

This 2,550 square foot vacant retail building, located at 6705 Fondren Rd, Houston, TX 77036, presents a compelling redevelopment opportunity. Formerly a quick-service restaurant, the property boasts a drive-thru and ample parking, catering to a large customer base. Its strategic positioning, out-parceled to PlazAmericas Mall (over 125 stores and 3,200,000 annual visitors), ensures high visibility and foot traffic. The surrounding area demonstrates strong demographics, with over 483,270 people within a 5-mile radius and an average household income exceeding $112,230. The property benefits from its location on a highly trafficked street (Fondren Rd, ~28,000 vehicles per day, and Bellaire Blvd, ~45,000 vehicles per day), across from St. Agnes Athletic Complex and Sharpstown Golf Course, and near I-59 (~174,500 vehicles per day). Built in 1972, this property is priced at $1,075,000 ($421.57 per square foot) and offers significant potential for investors seeking a prime location in a thriving Houston market. The property is vacant and ready for immediate development.

• CAP approach

  CAP return

  Valuation

  6%

  $767,699

  6.5%

  $708,645

  7%

  $658,028

• Comparable approach

  Method

  Valuation

  Relative Method

  $949,822

  Geo Method

  $1,923,880

• Alternative Use

  Use

  Valuation

  Residential

  $597,769

  Hospitality

  $547,553

  Educational

  $455,558

  Medical

  $471,225

  Retail

  $708,645

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.7071

Longitude

-95.5209

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].