207 Bonham AveCleveland, TX 77327

  • Other commercial real estate
  • 2,132 SF
For Sale
$359,000 View listing

Property Details for 207 Bonham Ave

Year built
1950
Lot size
0.33 AC
Property size (Sq ft)
2,132 SF
Property type
Other commercial real estate
APN
R37770
APU
R37770

Description

This income-producing, 2,980 square foot multi-tenant office building is located in Cleveland, Texas, at 207 S Bonham Ave, 77327. Built in 1950 on a 0.33-acre lot, this property boasts a prime location near Austin Memorial Library and Southside Elementary School, offering convenient access to I-69 (Hwy 59) and the Cleveland Loop. The building features a reception area with a pass-through window, eight individual offices, a spacious conference room, a kitchen area, and two restrooms. It's ADA compliant and includes ample parking, along with a Generac generator for reliable power. The property's versatility makes it suitable for various uses, including traditional office space, medical offices, or a daycare center. Its location provides easy access to Houston and George Bush Intercontinental Airport (IAH). Current tenants are in place, making this an excellent investment opportunity in a thriving area. The asking price is $359,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $670,838
    Hospitality
    $614,484
    Educational
    $511,244
    Medical
    $528,826
    Retail
    $795,268
207 Bonham Ave, Cleveland, Texas

Location Insight

City
Cleveland
County
Liberty
State
Texas
Latitude
30.3399
Longitude
-95.0869
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
2024
$6,200
$76,130
$207,480
$283,610
-
$76,130
$207,480
$283,610

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