2906 Old Houston RdHuntsville, TX 77340
- Specialty properties
- 2,908 SF
Property Details for 2906 Old Houston Rd
- Year built
- 1983
- Lot size
- 2.19 AC
- Property size (Sq ft)
- 2,908 SF
- Property type
- Specialty properties
- Property subtype
- Day care centers & nurseries
- APN
- 24017
- APU
- 24017
Description
This exceptional mixed-use property, located at 2906 & 2926 Old Houston Rd in Huntsville, Texas, presents a unique investment opportunity. The property encompasses approximately 2.4361 acres and features two single-story buildings totaling approximately 6,750 square feet. The buildings boast approximately 4,170 square feet of classroom and office space, ideal for a variety of uses. Additionally, there is approximately 2,400 square feet of gym space with wood floors, perfect for fitness centers or recreational activities. A large outdoor play area complements the existing structures. The property's zoning allows for diverse uses including office/administration, schools, churches, daycare centers, gyms, workout facilities, and community recreation centers. Conveniently located less than five minutes from I-45, with easy access to TX-19 and downtown Huntsville, this property also benefits from its proximity to Sam Houston State University, less than one mile away. The property's asking price is $999,000, translating to $148 per square foot. The estimated tax rate is $1.6749. The anticipated occupancy date is July 19, 2024. This versatile property offers significant potential for a wide range of commercial ventures. The former YMCA location provides a solid foundation for a thriving business.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $781,416
- 6.5%
- $721,307
- 7%
- $669,785
-
Comparable approach
- Method
- Valuation
- Relative Method
- $631,652
- Geo Method
- $1,001,220
-
Alternative Use
- Use
- Valuation
- Residential
- $915,008
- Hospitality
- $838,143
- Educational
- $697,325
- Medical
- $721,307
- Retail
- $1,084,728
Location Insight
- City
- Huntsville
- County
- Walker
- State
- Texas
- Latitude
- 30.6985
- Longitude
- -95.5404
- CBSA code
- 26660
- CBSA name
- HUNTSVILLE, TX MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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