2100 Sam Houston AveHuntsville, TX 77340

  • Strip malls
  • 6,693 SF
For Sale
$1,800,000 View listing

Property Details for 2100 Sam Houston Ave

Year built
2010
Lot size
0.62 AC
Property size (Sq ft)
6,693 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
30533
APU
30533

Description

This exceptional investment opportunity presents a 6,000 square foot, Class B, multi-tenant retail center located at 2100 Sam Houston Ave, Huntsville, Texas, 77340. The property, built in 2010, boasts a 100% occupancy rate across its five units, generating substantial income. The freestanding building sits on a 0.617-acre lot and features 35 parking spaces for ample customer convenience. Zoned for commercial retail use, this property benefits from its prime location directly across from Sam Houston State University (SHSU) and its convenient access to major roadways including I-45, Highway 19, and Highway 30. The building is a single-story structure with a total of 6,000 square feet, offering a price per square foot of $300. The lease type is NNN (Net, Net, Net), minimizing landlord responsibilities. The property includes a covered porch adding approximately 1,242 square feet. This is a strong performing investment with potential for future rent increases and additional NNN revenue streams. The asking price for this turnkey retail investment is $1,800,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,142,320
    6.5%
    $1,977,520
    7%
    $1,836,270
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,314,740
    Geo Method
    $2,083,970
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $3,897,650
    Mixed-Use / Specialty
    $1,953,790
    Hospitality / Lodging
    $1,411,710
    Office
    $1,924,810
    Institutional / Educational
    $2,025,190
    Residential Income
    $2,369,480
    Multifamily
    $2,934,300
    Automotive / Energy
    $1,735,880
    Parking / Income-Based Land
    $615,513
    Restaurant / Food Service
    $980,578
    Healthcare / Senior Housing
    $2,020,680

Location Insight

City
Huntsville
County
Walker
State
Texas
Latitude
30.7103
Longitude
-95.5517
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
$15,657
$161,260
$773,510
$934,770
-
$161,260
$773,510
$934,770

FAQs

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