1718 11Th StHuntsville, TX 77340

  • Retail properties
  • 5,929 SF
For Lease

Property Details for 1718 11Th St

Year built
2022
Lot size
5.11 AC
Property size (Sq ft)
5,929 SF
Property type
Retail properties
Property subtype
Banks
APN
29467
APU
29467

Description

This exceptional 3.2-acre commercial land parcel presents a prime retail opportunity in Huntsville, Texas. Strategically positioned between I-45 and a H-E-B grocery store, this site boasts unparalleled visibility and accessibility for businesses seeking high foot traffic. The property features a substantial 278-foot frontage, maximizing exposure to potential customers. Zoned for commercial use, this single-tenant site offers significant development potential for a variety of retail ventures. The lot size is 3.2 acres, providing ample space for building construction and parking. The property's location in Walker County, at 1718 11th St, Huntsville, TX 77340 (APN 29467), ensures easy access to major transportation arteries and a thriving local community. This is an exceptional opportunity for businesses looking to establish a strong presence in a high-growth area. The property is currently available for lease. The total building square footage is currently listed as 1 square foot, indicating the land is undeveloped and ready for construction. This presents a blank canvas for a custom-designed retail space tailored to specific business needs.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,395,906
    6.5%
    $2,211,606
    7%
    $2,053,634
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,822,067
    Geo Method
    $4,473,210
  • Alternative Use

    Use
    Valuation
    Residential
    $1,865,572
    Hospitality
    $1,708,854
    Educational
    $1,421,746
    Medical
    $1,470,643
    Retail
    $2,211,606
1718 11Th St, Huntsville, Texas

Location Insight

City
Huntsville
County
Walker
State
Texas
Latitude
30.7205
Longitude
-95.5626
CBSA code
26660
CBSA name
HUNTSVILLE, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$51,958
$1,141,840
$1,960,260
$3,102,100
-
$1,141,840
$1,960,260
$3,102,100

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