9122 Mesa DrHouston, TX 77078

Property Details for 9122 Mesa Dr

Year built

1980

Construction

BRICK

Lot size

0.55 AC

Property size (Sq ft)

2,054 SF

Property type

Retail properties

Property subtype

Drive through restaurants

APN

791540000017

APU

791540000017

Description

This 1,701 square foot retail property, built in 1980 and renovated in 2008, is situated on a 23,858 square foot lot in Houston, Texas. Located at 9122 Mesa Dr, 77078, this single-story building offers a versatile space suitable for a convenience store, grocery store, or restaurant. Previously a Church's Chicken, the property boasts over 100 feet of frontage on Mesa Dr, experiencing over 15,000 vehicles per day. Its desirable location in Northeast Houston is less than four miles from major highways including Tidwell Rd, I-610, and I-10, and is surrounded by over 17,000 homes. The asking price is $465,599. This presents a strong investment opportunity for owner-users seeking a high-traffic location. The property is zoned for mixed-use purposes and offers easy access to a densely populated residential area. Owner financing options are available.

• CAP approach

  CAP return

  Valuation

  6%

  $618,374

  6.5%

  $570,807

  7%

  $530,035

• Comparable approach

  Method

  Valuation

  Relative Method

  $765,073

  Geo Method

  $1,549,667

• Alternative Use

  Use

  Valuation

  Residential

  $481,497

  Hospitality

  $441,049

  Educational

  $366,947

  Medical

  $379,567

  Retail

  $570,807

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.845

Longitude

-95.2619

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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