2240 Navigation BlvdHouston, TX 77003

Property Details for 2240 Navigation Blvd

Year built

2016

Construction

BRICK

Lot size

1.33 AC

Property size (Sq ft)

19,247 SF

Property type

Retail space

APN

1370840010001

APU

1370840010001

Description

This exceptional retail opportunity presents 17,953 square feet of prime commercial space located at 2240 Navigation Boulevard in Houston, Texas, within the vibrant Harris County. The property is a multi-tenant strip center, currently offering one available suite measuring 1,092 square feet. This presents a fantastic chance for businesses seeking a well-situated location within a thriving commercial area. The property's strategic location provides excellent visibility and accessibility, ensuring high foot traffic and potential customer reach. The building's total square footage offers ample space for various retail ventures, allowing for flexibility in layout and design. The address, 2240 Navigation Boulevard, places the property in a dynamic and growing section of Houston, offering a strong foundation for business success. Further details regarding lease terms and specifics are available upon request. This is an ideal location for businesses seeking a high-traffic, easily accessible retail space in a bustling Houston neighborhood. The property's size and configuration make it suitable for a variety of retail uses, providing a versatile option for prospective tenants. Interested parties are encouraged to inquire for more information and to schedule a viewing. The zip code for this property is 77003.

• CAP approach

  CAP return

  Valuation

  6%

  $5,794,472

  6.5%

  $5,348,743

  7%

  $4,966,690

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,169,111

  Geo Method

  $14,521,146

• Alternative Use

  Use

  Valuation

  Residential

  $4,511,865

  Hospitality

  $4,132,844

  Educational

  $3,438,478

  Medical

  $3,556,732

  Retail

  $5,348,743

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.758

Longitude

-95.3474

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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