7635 Ley RdHouston, TX 77028

Property Details for 7635 Ley Rd

Year built

1972

Construction

BRICK

Lot size

0.29 AC

Property size (Sq ft)

2,400 SF

Property type

Grocery and convenience stores

APN

661130090024

APU

661130090024

Description

This turnkey convenience store presents a fantastic investment opportunity in Houston, Texas. Located at 7635 Ley Road, this freestanding retail building boasts 2,400 square feet on a 0.29-acre lot (APN: 0661130090024). The property, renovated in 2013, is currently owner-occupied and includes all fixtures, furniture, and equipment (FF&E). The interior features a fully equipped kitchen with a grease trap, a vent hood, walk-in coolers, and ADA-compliant restrooms, even including a shower. Pre-wiring for security systems (alarm and surveillance cameras) is already in place. Exterior features include a prominent pole sign. This single-story building is ideal for both experienced and first-time convenience store operators, offering immediate operational capabilities. The asking price is $550,000. This represents a rare opportunity to acquire a well-established, profitable business in a prime Houston location. The property's turnkey condition and existing infrastructure minimize upfront investment and maximize immediate return. Don't miss this chance to own a thriving convenience store in a high-traffic area.

• CAP approach

  CAP return

  Valuation

  6%

  $722,540

  6.5%

  $666,960

  7%

  $619,320

• Comparable approach

  Method

  Valuation

  Relative Method

  $893,951

  Geo Method

  $1,810,711

• Alternative Use

  Use

  Valuation

  Residential

  $562,606

  Hospitality

  $515,344

  Educational

  $428,760

  Medical

  $443,506

  Retail

  $666,960

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.8317

Longitude

-95.2899

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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