243 Westheimer RdHouston, TX 77006

Property Details for 243 Westheimer Rd

Year built

2018

Construction

CONCRETE BLOCKS

Lot size

0.36 AC

Property size (Sq ft)

7,804 SF

Property type

Retail space

APN

41410010001

APU

41410010001

Description

This exceptional 4,941 square foot, two-story storefront is ideally situated on Westheimer Road in Houston's coveted Montrose neighborhood. Boasting prominent frontage along one of Houston's busiest thoroughfares, this property enjoys exposure to over 18,300 vehicles daily. Currently configured as a second-generation fitness studio, the space presents a versatile opportunity for various uses, including office, medical, or fitness-related businesses. Its prime location offers easy access to Midtown (approximately 0.20 miles), Downtown Houston (approximately 0.85 miles), the Museum District (approximately 0.90 miles), and EaDo (approximately 1.4 miles). The asking price per square foot is $860.15. This property is available for sale or lease. The building is located in Harris County, Texas, with a zip code of 77006. Serious inquiries only

• CAP approach

  CAP return

  Valuation

  6%

  $2,349,460

  6.5%

  $2,168,732

  7%

  $2,013,823

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,906,829

  Geo Method

  $5,887,828

• Alternative Use

  Use

  Valuation

  Residential

  $1,829,407

  Hospitality

  $1,675,727

  Educational

  $1,394,185

  Medical

  $1,442,133

  Retail

  $2,168,732

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.7443

Longitude

-95.3848

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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