707 Yale StHouston, TX 77007

Property Details for 707 Yale St

Year built

2019

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.30 AC

Property size (Sq ft)

8,618 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

1396160010001

APU

1396160010001

Description

This exceptional Class A retail property, Heights Mercantile - Phase II, presents a unique investment opportunity in Houston's vibrant Heights district. Located at 707 Yale Street, this two-story building boasts 7,000 square feet of modern, memorable architecture, including an inviting second-level terrace. The property offers multiple tenancy options, with spaces ranging from a minimum of 1,164 square feet to a maximum contiguous space of 2,846 square feet. Currently, 6,807 square feet are vacant, providing significant flexibility for prospective tenants. The building's prime location places it conveniently near the Heights Bike Trail and offers excellent signage opportunities on Yale Street, a major thoroughfare in the area. With 18 total parking spaces available, customer and employee convenience is ensured. This development contributes to the Heights Mercantile district's unique design and green spaces, making it an attractive destination for businesses and customers alike. Situated in Harris County, Texas, with a 77007 zip code, this property offers a compelling combination of modern design, convenient location, and ample space, making it an ideal choice for businesses seeking a prominent presence in a thriving Houston neighborhood. The property's modern aesthetic and prime location within a revitalized urban area offer significant potential for growth and return on investment.

• CAP approach

  CAP return

  Valuation

  6%

  $2,594,522

  6.5%

  $2,394,943

  7%

  $2,223,876

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,210,028

  Geo Method

  $6,501,960

• Alternative Use

  Use

  Valuation

  Residential

  $2,020,224

  Hospitality

  $1,850,514

  Educational

  $1,539,606

  Medical

  $1,592,556

  Retail

  $2,394,943

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.7838

Longitude

-95.3991

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].