918 MercuryHouston, TX 77029

  • Strip malls
  • 7,500 SF
Off market
$349,612 Estimated

Property Details for 918 Mercury

Year built
1980
Construction
CONCRETE BLOCKS
Lot size
0.25 AC
Property size (Sq ft)
7,500 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
771070000016
APU
771070000016

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,817,150
    6.5%
    $1,677,370
    7%
    $1,557,560
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,152,910
    Geo Method
    $2,335,240
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $3,337,350
    Mixed-Use / Specialty
    $1,644,590
    Hospitality / Lodging
    $1,171,690
    Office
    $1,606,910
    Institutional / Educational
    $1,700,130
    Residential Income
    $1,989,150
    Multifamily
    $2,534,250
    Automotive / Energy
    $1,457,260
    Parking / Income-Based Land
    $529,358
    Restaurant / Food Service
    $798,169
    Healthcare / Senior Housing
    $1,713,980

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.7723
Longitude
-95.2479
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
2020
$8,977
$65,880
$283,732
$349,612
-
$65,880
$283,732
$349,612

FAQs

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