2410 Kelley StHouston, TX 77026

Property Details for 2410 Kelley St

Year built

1968

Construction

WOOD FRAME

Lot size

0.24 AC

Property size (Sq ft)

3,890 SF

Property type

Grocery and convenience stores

APN

700510160051

APU

700510160051

Description

This exceptional 0.45-acre commercial lot presents a unique investment opportunity in Houston, Texas. Located at 2410 Kelley St, in Harris County, zip code 77026, this property boasts 115 feet of frontage along Kelley Street, experiencing approximately 9,000 vehicles per day. City utilities are conveniently located on-site, simplifying development plans. The lot's advantageous corner location provides access from two roads, enhancing accessibility and potential uses. Its central location offers easy access to major thoroughfares including the 610 Loop, Highway 69, Hardy Toll Road, and Interstate 45, ensuring excellent connectivity for businesses and residents. Importantly, this property is not subject to any zoning restrictions, providing flexibility for a wide range of development projects. Furthermore, an additional 0.26 acres is available for purchase, presenting an opportunity to expand the project scope. The property is situated outside of all designated flood zones, mitigating risk and enhancing its desirability. This versatile land parcel is perfectly positioned for a variety of commercial, industrial, or residential developments, making it an attractive proposition for discerning investors and developers.

• CAP approach

  CAP return

  Valuation

  6%

  $1,171,117

  6.5%

  $1,081,031

  7%

  $1,003,815

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,448,945

  Geo Method

  $2,934,860

• Alternative Use

  Use

  Valuation

  Residential

  $911,890

  Hospitality

  $835,287

  Educational

  $694,949

  Medical

  $718,849

  Retail

  $1,081,031

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.8128

Longitude

-95.3456

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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