4115 Washington AveHouston, TX 77007

Property Details for 4115 Washington Ave

Year built

1930

Construction

METAL FRAME

Lot size

0.63 AC

Property size (Sq ft)

6,309 SF

Property type

Retail properties

Property subtype

Bars

APN

1464320010001

APU

1464320010001

Description

This exceptional 13,373 square foot multi-tenant property, located at 4115 Washington Avenue in Harris County, presents a unique pre-leasing opportunity. The building offers a flexible layout with five suites, ranging from a minimum of 765 square feet to a maximum contiguous space of 4,645 square feet. Currently, 8,506 square feet are available for lease, providing ample space for a variety of retail, restaurant, or office uses. The property boasts 42 total parking spaces, ensuring convenient access for customers and employees. Its strategic location west of Downtown Houston provides excellent access to major freeways and arterial roads, placing it within easy reach of a large and diverse customer base. The surrounding area is characterized by a high concentration of affluent neighborhoods, including River Oaks, Washington/Rice Military, Montrose, The Heights, and Downtown Houston. These neighborhoods offer a wealth of amenities, such as parks, restaurants, cafes, boutiques, and art galleries, creating a vibrant and desirable environment for businesses. The proximity to major retailers like HEB, Walmart, and Google further enhances the property's appeal and visibility. This is an unparalleled opportunity to establish a presence in one of Houston's most dynamic and rapidly growing commercial districts. The available space is ideal for businesses seeking a high-traffic location with strong demographics and convenient access to a wide range of amenities.

• CAP approach

  CAP return

  Valuation

  6%

  $1,899,378

  6.5%

  $1,753,272

  7%

  $1,628,038

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,349,972

  Geo Method

  $4,759,906

• Alternative Use

  Use

  Valuation

  Residential

  $1,478,950

  Hospitality

  $1,354,710

  Educational

  $1,127,103

  Medical

  $1,165,866

  Retail

  $1,753,272

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.7698

Longitude

-95.403

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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