This exceptional single-tenant retail property, located at 14310 Westheimer Road in Houston, Texas, presents a significant opportunity for businesses seeking a prominent location. The building boasts a substantial 22,417 square feet of vacant space, ready for immediate occupancy. Situated on a generous 3.19-acre lot, this property offers ample space for expansion, parking, and outdoor amenities. Its prime location on Westheimer Road ensures high visibility and accessibility, attracting significant foot traffic and driving customer engagement. The property is classified as commercial retail and is located in Harris County, Texas, with a zip code of 77077. The building's size and location make it ideal for a variety of retail uses, from large-format stores to showrooms or distribution centers. The entire building is currently vacant, providing a blank canvas for a tenant to customize the space to their specific needs. This presents a unique opportunity to establish a strong presence in a thriving Houston market. The property's substantial size and prominent location offer exceptional potential for growth and return on investment. Interested parties are encouraged to inquire for further details and leasing information.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$6,777,428
6.5%
$6,256,087
7%
$5,809,224
Comparable approach
Method
Valuation
Relative Method
$8,385,256
Geo Method
$16,984,466
Alternative Use
Use
Valuation
Residential
$5,277,244
Hospitality
$4,833,926
Educational
$4,021,770
Medical
$4,160,085
Retail
$6,256,087
Location Insight
City
Houston
County
Harris
State
Texas
Latitude
29.7364
Longitude
-95.6409
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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