8160 Gulf FwyHouston, TX 77087

Property Details for 8160 Gulf Fwy

Year built

1960

Construction

BRICK

Lot size

0.36 AC

Property size (Sq ft)

2,296 SF

Property type

Automotive properties

APN

1279760010001

APU

1279760010001

Description

This exceptional 1,248-square-foot auto shop presents a rare opportunity in Houston's thriving retail market. Located at 8160 Gulf Freeway, at the corner of Gulf Freeway and Santa Elena, this property boasts a highly visible corner location with excellent pylon signage potential, ensuring maximum brand exposure. Built in 1960, the building sits on a sizable 0.36-acre lot, offering ample space for operations and potential expansion. The entire 1,248 square feet is net rentable, providing efficient use of space for any automotive-related business. The property's address is 8160 Gulf Freeway, Houston, Texas, 77087, within Harris County. Its strategic location on the busy Gulf Freeway guarantees high traffic volume and significant customer visibility. This turnkey retail space is ideal for a variety of automotive businesses seeking a well-established location with strong visibility and ample space. The property's size and location make it an attractive investment opportunity for entrepreneurs looking to establish or expand their automotive-related enterprise in a high-traffic area of Houston. The property's convenient access to major thoroughfares ensures easy accessibility for customers and employees alike. This is a unique chance to acquire a well-positioned retail space in a prime Houston location.

• CAP approach

  CAP return

  Valuation

  6%

  $691,230

  6.5%

  $638,059

  7%

  $592,483

• Comparable approach

  Method

  Valuation

  Relative Method

  $855,213

  Geo Method

  $1,732,247

• Alternative Use

  Use

  Valuation

  Residential

  $538,226

  Hospitality

  $493,012

  Educational

  $410,181

  Medical

  $424,287

  Retail

  $638,059

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.6789

Longitude

-95.272

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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