1907 Decker DrBaytown, TX 77520
- Turn key restaurants
- 3,900 SF
For Sale
$1,600,000
View listing
Property Details for 1907 Decker Dr
- Year built
- 1976
- Construction
- WOOD FRAME
- Lot size
- 0.37 AC
- Property size (Sq ft)
- 3,900 SF
- Property type
- Turn key restaurants
- APN
- 451440030009
- APU
- 451440030009
Description
This exceptional investment opportunity presents a 3,900 square foot retail building situated on a 0.95-acre waterfront lot in Baytown, Texas. The single-story, Class C building, constructed in 1976, boasts a convenient single tenancy and ample parking. The property features a cleared and paved lot, allowing for potential expansion. Its prime location offers high visibility and is further enhanced by its designation as an Opportunity Zone. The asking price of $1,600,000 equates to $410.26 per square foot. The property's zoning is commercial, and the parcel includes APNs 0451440030010, 0451440030417, and 0451440030009. The listing price excludes business assets
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,251,146
- 6.5%
- $1,154,904
- 7%
- $1,072,411
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,532,653
- Geo Method
- $2,942,405
-
Alternative Use
- Use
- Valuation
- Residential
- $974,205
- Hospitality
- $892,366
- Educational
- $742,438
- Medical
- $767,972
- Retail
- $1,154,904
Location Insight
- City
- Baytown
- County
- Harris
- State
- Texas
- Latitude
- 29.7409
- Longitude
- -94.9823
- 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
$1,583
$80,000
$263,344
$343,344
-
$80,000
$263,344
$343,344
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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