8650 Sam Houston PkwyHumble, TX 77396

  • Strip malls
  • 33,235 SF
For Lease
$21/SF/YR View listing

Property Details for 8650 Sam Houston Pkwy

Year built
2007
Construction
STEEL FRAME
Lot size
2.74 AC
Property size (Sq ft)
33,235 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
1291010010001
APU
1291010010001

Description

This exceptional 29,890-square-foot retail strip center, built in 2007, is ideally situated at the corner of North Sam Houston Parkway East and Bellows Falls Lane in Humble, Harris County. The property boasts a prime location with high visibility and accessibility. Currently, the center houses a diverse mix of established tenants including Godfathers Pizza, Remax, the Davis Karate School, and Glo Beauty Bar, demonstrating strong tenant occupancy and a thriving retail environment. Three spaces are currently available, ranging from 1,655 to 1,980 square feet, presenting a unique opportunity for expansion or new business ventures. The center's modern design and convenient location make it an attractive option for a variety of retail uses. This property offers a solid investment opportunity in a rapidly growing area with significant potential for future growth and increased rental income. The property's strong tenant base and prime location make it a highly desirable investment. Interested parties are encouraged to review the aerial map for a comprehensive view of the property's location and surrounding area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $13,430,248
    6.5%
    $12,397,152
    7%
    $11,511,641
  • Comparable approach

    Method
    Valuation
    Relative Method
    $15,819,091
    Geo Method
    $25,074,572
  • Alternative Use

    Use
    Valuation
    Residential
    $10,457,462
    Hospitality
    $9,578,979
    Educational
    $7,969,598
    Medical
    $8,243,684
    Retail
    $12,397,152

Location Insight

City
Humble
County
Harris
State
Texas
Latitude
29.9349
Longitude
-95.2601
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN 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
2022
$34,480
$2,385,860
$1,915,234
$4,301,094
-
$2,385,860
$1,915,234
$4,301,094

FAQs

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