4360 Kingwood DrHouston, TX 77339

Property Details for 4360 Kingwood Dr

Year built

1994

Construction

BRICK

Lot size

0.96 AC

Property size (Sq ft)

5,568 SF

Property type

Turn key restaurants

APN

1176020010007

APU

1176020010007

Description

This exceptional freestanding restaurant building presents a unique opportunity in the thriving Kingwood, Texas market. Located at 4360 Kingwood Drive, this single-tenant property boasts 5,678 square feet of space, ideal for a variety of restaurant concepts. Built in 1994, the building is well-maintained and features attractive brick and stucco construction. The property sits on a generous 1.53-acre lot, providing ample space and high visibility along Kingwood Drive. With 70 parking spaces, customer convenience is ensured. The location benefits from strong foot traffic due to its proximity to a vibrant mix of retail, dining, and office establishments. This property is situated in Harris County, Texas, zip code 77339, offering excellent access to Houston's central business district and a high demand local market. The property is available for ground lease or lease, making it a versatile option for prospective tenants. This is a one-story building offering a single tenancy. The property is currently vacant, presenting a blank canvas for a new business venture. This prime commercial real estate opportunity is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $2,250,026

  6.5%

  $2,076,947

  7%

  $1,928,594

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,650,239

  Geo Method

  $4,200,849

• Alternative Use

  Use

  Valuation

  Residential

  $1,751,983

  Hospitality

  $1,604,807

  Educational

  $1,335,180

  Medical

  $1,381,099

  Retail

  $2,076,947

Location Insight

City

Humble

County

Harris

State

Texas

Latitude

30.0489

Longitude

-95.1862

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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