6414 San Felipe StHouston, TX 77057

Property Details for 6414 San Felipe St

Year built

2004

Construction

WOOD FRAME

Lot size

1.03 AC

Property size (Sq ft)

7,149 SF

Property type

Banks

APN

974920000002

APU

974920000002

Description

This exceptional 4,387 square foot retail space, formerly a Bank of America branch, presents a unique opportunity in Houston's vibrant San Felipe and Voss corridor. Located at 6414 San Felipe St, in the 77057 zip code of Harris County, Texas, this single-tenant building sits on a 1.03-acre lot and offers unparalleled visibility. The property boasts a convenient drive-thru, a significant advantage for various retail concepts. Ample parking is available with 44 spaces, featuring cross parking throughout the center for easy access. A prominent freestanding monument sign on San Felipe Street ensures high brand recognition. The location benefits from a high daytime and evening population density, guaranteeing substantial foot traffic and drive-by exposure. The area is also strategically positioned near major grocery stores such as Kroger, Whole Foods, and Trader Joe's, further enhancing its appeal and drawing in a diverse customer base. This second-generation building is completely vacant, providing a blank canvas for a new tenant to customize and optimize the space to their specific needs. The property's prime location and extensive amenities make it an ideal investment for a wide range of retail businesses seeking a high-impact presence in a thriving Houston market.

• CAP approach

  CAP return

  Valuation

  6%

  $2,152,267

  6.5%

  $1,986,708

  7%

  $1,844,800

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,662,855

  Geo Method

  $5,393,654

• Alternative Use

  Use

  Valuation

  Residential

  $1,675,862

  Hospitality

  $1,535,081

  Educational

  $1,277,169

  Medical

  $1,321,093

  Retail

  $1,986,708

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.7507

Longitude

-95.498

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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