6102 Scott StHouston, TX 77021

  • Strip malls
  • 33,777 SF
For Lease
$10/SF/YR View listing

Property Details for 6102 Scott St

Year built
1996
Construction
STEEL FRAME
Lot size
9.23 AC
Property size (Sq ft)
33,777 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
1465290010001
APU
1465290010001

Description

The Renaissance Center, located at 6102 Scott St, Houston, TX 77021, offers 18,381 square feet of vacant retail space across three buildings totaling 101,525 square feet. This multi-tenant property boasts a diverse mix of established businesses, including Shoe Palace and T-Mobile, creating a vibrant shopping environment. Recent renovations, including a new 6,000-square-foot building, enhance the property's appeal and functionality. The center provides ample parking with 765 spaces, ensuring convenient access for customers. Space is divisible to a minimum of 1,500 square feet and up to a maximum contiguous space of 12,381 square feet. Its strategic location at the intersection of Scott Street and Old Spanish Trail offers high visibility and accessibility within a densely populated area, making it an ideal location for a variety of retail uses, including restaurants, retail shops, and medical offices. The property's strong tenant base and recent improvements present a compelling investment opportunity in a thriving Houston market. This is a unique chance to secure space in a well-established and highly visible retail center.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,168,851
    6.5%
    $9,386,632
    7%
    $8,716,158
  • Comparable approach

    Method
    Valuation
    Relative Method
    $12,581,237
    Geo Method
    $25,483,490
  • Alternative Use

    Use
    Valuation
    Residential
    $7,917,975
    Hospitality
    $7,252,822
    Educational
    $6,034,263
    Medical
    $6,241,791
    Retail
    $9,386,632

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.7004
Longitude
-95.3603
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
$257,202
$4,826,592
$7,611,566
$12,438,158
-
$4,826,592
$7,611,566
$12,438,158

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