6006 Westheimer RdHouston, TX 77057

Property Details for 6006 Westheimer Rd

Year built

1987

Construction

WOOD FRAME

Lot size

1.35 AC

Property size (Sq ft)

7,789 SF

Property type

Turn key restaurants

APN

1232690010001

APU

1232690010001

Description

This 1.352-acre commercial land parcel, located at 6006 Westheimer Rd in Houston, Texas (Harris County, zip code 77057), is offered at a reduced price of $6,480,000. The land value is $110 per square foot. Currently operating as a Mexican restaurant, the property boasts excellent visibility and frontage on both Westheimer Road and Nantucket Drive, making it ideal for a high-end restaurant concept. The lease on the existing restaurant expires June 30, 2024, with no lease options available. The property's APN is 1232690010001. For buyers requiring additional parking, an adjacent 0.275-acre parcel is available for separate purchase. This high-traffic location on Westheimer Road presents a unique opportunity to acquire a prime restaurant site in a thriving Houston market. The property's strategic location and existing restaurant infrastructure offer significant potential for a discerning investor or restaurateur.

• CAP approach

  CAP return

  Valuation

  6%

  $2,344,944

  6.5%

  $2,164,564

  7%

  $2,009,952

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,901,242

  Geo Method

  $5,876,510

• Alternative Use

  Use

  Valuation

  Residential

  $1,825,891

  Hospitality

  $1,672,506

  Educational

  $1,391,505

  Medical

  $1,439,361

  Retail

  $2,164,564

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.7384

Longitude

-95.4876

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].