6610 Sam Houston PkwyHouston, TX 77041
- Gas stations
- 3,600 SF
Property Details for 6610 Sam Houston Pkwy
- Year built
- 2012
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.76 AC
- Property size (Sq ft)
- 3,600 SF
- Property type
- Gas stations
- APN
- 1312080010001
- APU
- 1312080010001
Description
This exceptional 10,202 square foot flex space, situated in a master-planned Harris County business park, presents a compelling investment opportunity. Ideally located at the intersection of Beltway 8 and West Little York, this single-tenant property boasts excellent visibility and accessibility. The building offers a versatile layout, including approximately 8,714 square feet of climate-controlled office space and 1,488 square feet of warehouse area. Features include a convenient dock well, an end-cap location, and a desirable 9-foot clear height in the assembly area. The space also benefits from a drop ceiling. The current lease expires on July 30, 2025, with a lease rate of $1.24 per square foot, triple net (NNN). This property's strategic location along Beltway 8 provides unparalleled access to major transportation arteries, making it an attractive option for businesses seeking a high-profile presence in a thriving commercial area. The master-planned business park setting offers a professional and well-maintained environment. This is an excellent opportunity to acquire a well-positioned flex space with significant potential. The existing lease provides immediate income potential, while the upcoming lease expiration presents an opportunity for future lease rate adjustments or owner-occupancy.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,083,810
- 6.5%
- $1,000,440
- 7%
- $928,980
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,340,926
- Geo Method
- $2,716,066
-
Alternative Use
- Use
- Valuation
- Residential
- $843,909
- Hospitality
- $773,016
- Educational
- $643,140
- Medical
- $665,259
- Retail
- $1,000,440
Location Insight
- City
- Houston
- County
- Harris
- State
- Texas
- Latitude
- 29.6099
- Longitude
- -95.4842
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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