1702 Sakowitz StHouston, TX 77020

  • Commercial land
  • 22,000 SF

Property Details for 1702 Sakowitz St

Year built
1982
Construction
STEEL FRAME
Lot size
3.21 AC
Property size (Sq ft)
22,000 SF
Property type
Commercial land
APN
120860000001
APU
120860000001

Description

This exceptional 5.6-acre commercial and industrial land parcel presents a unique investment opportunity in the heart of Houston's Greater Fifth Ward. Situated at 1702 Sakowitz St, Houston, TX 77020, this urban infill site boasts convenient access to major transportation arteries. The property benefits from full utilities, ensuring seamless development. Its strategic location places it just one block from I-10 East and Lockwood, providing easy access to the city's extensive highway network. Furthermore, a Metro Bus Substation is located within a single block, enhancing accessibility for employees and customers. This property is designated as a Qualified Opportunity Zone, offering significant tax advantages for eligible investors. The substantial lot size provides ample space for a variety of commercial or industrial developments, making it an attractive prospect for businesses seeking a prime location in a rapidly growing area of Houston, Harris County. The property's address is 1702 Sakowitz St, Houston, TX 77020.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $9,789,550
    Retail / Commercial
    $4,920,280
    Mixed-Use / Specialty
    $4,824,130
    Hospitality / Lodging
    $3,436,960
    Office
    $4,713,590
    Institutional / Educational
    $4,987,050
    Residential Income
    $5,834,850
    Multifamily
    $7,433,800
    Automotive / Energy
    $4,274,620
    Parking / Income-Based Land
    $1,552,780
    Restaurant / Food Service
    $2,341,300
    Healthcare / Senior Housing
    $5,027,660

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.7792
Longitude
-95.3131
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
$42,552
$1,817,400
-
$1,817,400
-
$1,817,400
-
$1,817,400

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message