5219 Main StCrosby, TX 77532

Property Details for 5219 Main St

Year built

1993

Construction

METAL FRAME

Lot size

0.41 AC

Property size (Sq ft)

8,180 SF

Property type

Auto shops

APN

110270000004

APU

110270000004

Description

This exceptional 7,200-square-foot commercial property, situated on a 4.6-acre lot (20,000 square feet), presents a unique investment opportunity in the thriving Crosby, Texas market. Built in 1945 and extensively renovated in 2022, this single-story building boasts a versatile layout ideal for a variety of uses. Currently configured as a paint and body shop, the space features 3 private offices, a spacious lobby, and approximately 4,000 square feet of open area previously used for paint and body repair. The property offers ample parking for 10-15 vehicles. Its prime location on S Main St benefits from high traffic volume, exceeding 31,000 vehicles daily per TxDOT data on this section of FM 2100. The property's zoning is currently unlisted. Utilities, including power, are available. Note that a separate 4,500-square-foot unit (Unit B) is available for lease across the parking lot. This property is zoned for retail, office, and special purpose uses, making it suitable for a wide range of businesses. The property's APN is 0110270000008. This is a single-tenant building with no elevators. The property is located in the Crosby submarket within the Gulf Coast Area.

• CAP approach

  CAP return

  Valuation

  6%

  $3,305,534

  6.5%

  $3,051,262

  7%

  $2,833,315

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,893,491

  Geo Method

  $6,171,506

• Alternative Use

  Use

  Valuation

  Residential

  $2,573,854

  Hospitality

  $2,357,636

  Educational

  $1,961,526

  Medical

  $2,028,986

  Retail

  $3,051,262

Location Insight

City

Crosby

County

Harris

State

Texas

Latitude

29.9058

Longitude

-95.0648

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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