10737 Kingspoint RdHouston, TX 77075

  • Retail space
  • 13,162 SF
For Lease
$18/SF/YR View listing

Property Details for 10737 Kingspoint Rd

Year built
1972
Construction
CONCRETE BLOCKS
Lot size
0.70 AC
Property size (Sq ft)
13,162 SF
Property type
Retail space
APN
461620000016
APU
461620000016

Description

This exceptional single-story retail center, located at 10737 Kingspoint Rd, Houston, TX 77075, offers a prime opportunity for businesses seeking high-visibility space. The property boasts a total of 11,400 square feet across a single building, with 32 convenient parking spaces for customers and employees. Currently, there is 2,160 square feet of vacant space available, divisible into units as small as 1,000 square feet, and a maximum contiguous space of 2,160 square feet. The property is ideally suited for a variety of retail uses, given its location and ample parking. The address is easily accessible from Sabo Rd. The building features 11,400 total square feet across one story, and no elevators are present. The property's APN is 0461620000016, and while the zoning is currently listed as NONE, interested parties should conduct their own due diligence to confirm permitted uses. This is a fantastic opportunity to establish or expand your business in a thriving Houston retail market. The available space provides flexibility for various retail concepts, making it an attractive investment. Don't miss this chance to secure a prominent location in a busy commercial area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,962,531
    6.5%
    $3,657,721
    7%
    $3,396,455
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,902,574
    Geo Method
    $9,930,239
  • Alternative Use

    Use
    Valuation
    Residential
    $3,085,424
    Hospitality
    $2,826,232
    Educational
    $2,351,392
    Medical
    $2,432,260
    Retail
    $3,657,721

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.6191
Longitude
-95.2301
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$15,791
$153,495
$1,135,514
$1,289,009
-
$153,495
$1,135,514
$1,289,009

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