20930 Gulf FwyWebster, TX 77598

Property Details for 20930 Gulf Fwy

Year built

2018

Construction

WOOD FRAME

Lot size

3.33 AC

Property size (Sq ft)

48,480 SF

Property type

Outlet malls

APN

1292850010002

APU

1292850010002

Description

This exceptional Webster, Texas retail opportunity presents two available pad sites, ideal for restaurants or retail businesses. Located at 20930 Gulf Fwy, 77598, in Harris County, this new construction offers a total of 5,600 square feet, divisible into units as small as 2,000 square feet, with a maximum contiguous space of 5,600 square feet. The property boasts excellent visibility and accessibility, featuring freeway frontage and multiple curb cuts for convenient ingress and egress. Ample parking is available for customers and employees. This super-regional location draws from a large customer base in League City, Webster, Clear Lake, and Friendswood, benefiting from a high daytime population due to its proximity to the Johnson Space Center and Clear Lake Medical Center. The area's high population density and surrounding national credit retailers and restaurants create a strong retail environment. This is a rare opportunity to establish a presence in a thriving commercial corridor with significant growth potential. The property is ready for immediate occupancy. Contact us today to learn more about this outstanding investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $14,595,313

  6.5%

  $13,472,597

  7%

  $12,510,268

• Comparable approach

  Method

  Valuation

  Relative Method

  $18,057,802

  Geo Method

  $36,576,356

• Alternative Use

  Use

  Valuation

  Residential

  $11,364,639

  Hospitality

  $10,409,949

  Educational

  $8,660,955

  Medical

  $8,958,819

  Retail

  $13,472,597

Location Insight

City

Webster

County

Harris

State

Texas

Latitude

29.5227

Longitude

-95.1271

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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