3425 Harrisburg Blvd, Houston, TX 77003
Corner lot near downtown Houston, suitable for retail or multifamily.
- Added:
- Nov 21, 2023
- Days on Market:
- 936
- Last Refresh:
- May 12 at 10:43 pm
Property Features for 3425 Harrisburg Blvd
General Information
- Standard status
- Active
- Size
- 9,664 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1926
Listing agent Siri Vann License #TX
Listing office Proactive Realty
Listing date Nov 21, 2023
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Proactive Realty
HighLights
- Prime corner lot location near downtown
- Development opportunity for retail or multi‑family building
- Walking distance to shops and restaurants
- On the Houston monorail route
- Built in 1926
- Great property
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $212.2k | $21.96 |
| − Vacancy | −$13.2k | −$1.36 |
| EGI | $199.1k | $20.60 |
| − OpEx | −$89.6k | −$9.27 |
| NOI | $109.5k | $11.33 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.3406862
- Latitude
- 29.7485218
