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    10070 Veterans Memorial Dr Houston, TX 77038

    For Sale
    $3,700,000

    New auto shop near Jersey Village with high traffic frontage.

    Property size:
    23,750 SF
    Lot size:
    2.07 Acres

    Property Features for 10070 Veterans Memorial Dr

    General Information

    Size
    23,750 SF
    Lot size
    2.07 Acres

    Source: Texas CRES Agent Joel C. English

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Houston Auto Shop Investment Opportunity

    This property presents an investment opportunity in Houston, situated minutes from Jersey Village, SH-249, and Beltway 8. The location benefits from high visibility with 135 feet of frontage on Veterans Memorial Drive, complemented by access from Forestburg Drive. It is located in a high-density residential and commercial area, providing access to a captive market and convenient access to freeways and retail. A new 9,000 square foot building is under construction and slated for completion in 2022, which includes additional paving and underground detention. The facility features five drive-in bays with lifts, an enclosed office and reception area, and a covered open repair area for overflow. There are several areas designated for extra storage or inventory, signage, and ample parking on a 20,800 square foot paved area. The property is approximately 1.5 miles from Beltway 8, 1.8 miles from I-45, and less than 3 miles from SH-249. The location experiences average daily traffic of over 28,800 vehicles on Veterans Memorial, over 20,000 vehicles on West Road, and over 210,000 vehicles on nearby Beltway 8. The property is located in Harris County and within the Aldine Independent School District. The total tax rate for 2020 was $2.45 per $100 of assessed value.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Northside Domestic & Import Auto Repair Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Universal Truck General Mechanic, New Star Muffler, D.R.V Tire Shop, Quality Transmissions, Sandoval Wrecker Service - Container Towing Service, Quality Towing Service

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.443186
    Latitude
    29.916924

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    FAQs

    What type of property is this?
    Auto shop - New auto shop near Jersey Village with high traffic frontage.
    Where is this auto shop located?
    The property is located at 10070 Veterans Memorial Dr Houston, TX.
    What is the asking price?
    The asking price for this property is $3,700,000.
    What are key features of this property?
    This property features: - New 9,000 SF building with 5 drive-in bays with lifts, enclosed office/reception area & an additional covered open repair area.; - **Excellent visibility with 135 feet of frontage on Veterans Memorial** and access from Forestburg Drive.; - High traffic location: Average of 28,800 vehicles per day on Veterans Memorial.
    (281) 898-0895
    Request Owner's contact information
    10070 Veterans Memorial Dr Houston, TX 77038
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    Houston, TX 77038
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10070 Veterans Memorial Dr Houston, TX 77038
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