2990 Holmes RdHouston, TX 77051

Property Details for 2990 Holmes Rd

Year built

2009

Construction

METAL FRAME

Lot size

11.66 AC

Property size (Sq ft)

23,562 SF

Property type

Office buildings

APN

1315160010001

APU

1315160010001

Description

This exceptional Houston industrial property, located at 2990 Holmes Rd, offers 26,288 square feet of space on an expansive 11.66-acre lot. The single-story, Class B warehouse, built in 2009, is currently vacant, presenting a unique opportunity for immediate occupancy and customization. The property features 21,204 square feet of office space and 5,084 square feet of warehouse space, providing a versatile layout suitable for diverse business needs. Its strategic location in the South Hwy 35 submarket of Houston, Texas (Harris County, zip code 77051), offers excellent access to major transportation routes. The substantial lot size allows for significant expansion potential, accommodating future growth and operational requirements. The asking price is $8,400,000, translating to $319.54 per square foot. This property represents a compelling investment opportunity in a thriving Houston market.

• CAP approach

  CAP return

  Valuation

  6%

  $4,825,536

  6.5%

  $4,454,342

  7%

  $4,136,174

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,482,682

  Geo Method

  $7,054,227

• Alternative Use

  Use

  Valuation

  Residential

  $5,523,384

  Hospitality

  $5,059,390

  Educational

  $4,209,353

  Medical

  $4,354,119

  Retail

  $6,547,882

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.6724

Longitude

-95.3832

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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