2310 Highway 6Houston, TX 77077

Property Details for 2310 Highway 6

Year built

1997

Construction

WOOD FRAME

Lot size

1.61 AC

Property size (Sq ft)

8,566 SF

Property type

Turn key restaurants

APN

1186900010002

APU

1186900010002

Description

This exceptional 8,691 square foot retail property, located at 2310 Highway 6 South in Houston, Texas, presents a unique investment opportunity. The single-story building features two suites, ideal for multiple tenants or a single large operation. One suite is a 6,291 square foot second-generation restaurant space, ready for immediate occupancy and customization. The property boasts a prime location at the intersection of a major thoroughfare in the Energy Corridor/Far West Houston area, experiencing over 105,800 vehicles daily. This high-traffic location is situated in front of an A-class power center anchored by Academy, Best Buy, and Ross, ensuring high visibility and foot traffic. The surrounding area boasts a strong demographic profile, with a population of 340,000 within a five-mile radius and an average household income of $94,000. Ample parking is available with 117 spaces. This property is situated in Harris County, Texas, zip code 77077, and offers significant potential for a variety of retail and restaurant uses. The building's strategic location and strong surrounding demographics make it an attractive investment for both established businesses and new ventures seeking a high-traffic, high-visibility location. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $2,578,866

  6.5%

  $2,380,492

  7%

  $2,210,457

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,190,658

  Geo Method

  $6,462,728

• Alternative Use

  Use

  Valuation

  Residential

  $2,008,034

  Hospitality

  $1,839,349

  Educational

  $1,530,316

  Medical

  $1,582,946

  Retail

  $2,380,492

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.7394

Longitude

-95.6447

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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