13636 Michel RdTomball, TX 77375

Property Details for 13636 Michel Rd

Year built

2006

Construction

WOOD FRAME

Lot size

0.98 AC

Property size (Sq ft)

36,300 SF

Property type

Hotels

Property subtype

Motels

APN

1217890000002

APU

1217890000002

Description

This exceptional 3-story, 2006-built Comfort Suites hotel presents a lucrative investment opportunity. Situated on approximately one acre in Tomball, Texas, this single-building property enjoys a prime location near Tomball Medical Center, providing convenient access for medical professionals and visitors. Its proximity to Highway 249 and the Grand Parkway (99) ensures excellent visibility and accessibility for guests. The hotel's address is 13636 Michel Rd, Tomball, TX 77375, within Harris County. The property's convenient location also places it near numerous restaurants and other supporting businesses, enhancing its appeal and potential for consistent occupancy. While no surveys are currently available, these can be incorporated into a Letter of Intent (LOI) along with any other necessary feasibility studies. The property's APN is 121-789-000-0002. This represents a rare chance to acquire a well-established hospitality asset in a high-growth area. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $11,334,236

  6.5%

  $10,462,372

  7%

  $9,715,060

• Comparable approach

  Method

  Valuation

  Relative Method

  $16,112,383

  Geo Method

  $25,539,464

• Alternative Use

  Use

  Valuation

  Residential

  $11,421,870

  Hospitality

  $10,462,372

  Educational

  $8,704,571

  Medical

  $9,003,934

  Retail

  $13,540,443

Location Insight

City

Tomball

County

Harris

State

Texas

Latitude

30.0819

Longitude

-95.6292

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].