Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    16516 Market St Channelview, TX 77530

    Sponsored
    For Sale
    $1,088,000

    Prime 2-acre lot, high-growth area.

    Property size:
    7,778 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a 7,778 square foot mixed-use property situated on a 2-acre lot in Channelview, Texas, just 20 minutes east of Downtown Houston. The property, located at 16516 Market St, zip code 77530, consists of two single-story buildings constructed in 1958. Currently configured as a bar, convenience store, and storefront, this value-add property offers significant potential for redevelopment or repurposing. The asking price is $1,088,000, translating to $139.88 per square foot. Its strategic location near the Houston Ship Channel presents a compelling opportunity for developers seeking to capitalize on the area's burgeoning commercial growth. The property's versatility allows for a wide range of development possibilities, including the construction of a warehouse or flexible commercial space. This prime real estate presents a rare chance to acquire a substantial land parcel in a high-growth area with excellent access to major transportation routes. The property is located in Harris County and offers significant upside for investors seeking a value-add opportunity in a dynamic market. This is a unique chance to secure a piece of prime Houston-area real estate with considerable potential for future appreciation.

    Property Features for 16516 Market St

    General Information

    Property type
    Individual retail properties
    Square Feet
    7,778 SF

    Building Details

    Year Built
    1958
    Buildings
    2
    Stories
    1

    HighLights

    • $1,088,000 asking price for a mixed‑use retail property.
    • 7,778 square feet on a 2‑acre lot, with a price per square foot of $139.88.
    • Located at 16516 Market St, Channelview, TX 77530, approximately 20 minutes east of Downtown Houston.
    • Features two 1‑story buildings, built in 1958.
    • Designated as a Value‑Add investment opportunity; Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Imagen Mini Mart Convenience Store ATM (ATM Link, ... Atm Stop & Drive Convenience Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Channelview
    County
    Harris
    State
    Texas
    Longitude
    -95.1057923
    Latitude
    29.7807077

    Nearby Comparable

    • $495,000
      37,025 SF

      Prime Corner Lot Available

      Corner lot totaling 37,025 SF, seller financing available.
      16526 Market St, Channelview, TX 77530
      View Details
    • $1,100,000

      Old River Bayou Frontage Land

      Commercial/Residential land with city utilities and development potential.
      108 Cedar Ln, Channelview, TX 77530
      View Details
    • Contact for pricing

      Land with I-10E Frontage

      4.9 acre land parcel with I-10E frontage.
      16406 East Fwy, Channelview, TX 77530
      View Details
    • Contact for pricing
      4.90 Acres

      I-10E Commercial Land - Channelview, TX

      4.9 Acres, I-10E Frontage, High Visibility
      0 Cedar Ln, Channelview, TX 77530
      View Details
    • $1,200,000

      Versatile Investment Property in Channelview

      One-acre property with commercial/residential zoning and income-producing mobile homes.
      16809 Market St, Channelview, TX 77530
      View Details
    • $422,000

      Waterfront Lot in Channelview, TX

      Spacious waterfront lot with Gulf access near Houston.
      908 Lakeside Dr, Channelview, TX 77530
      View Details
    • $1,110,000
      4.20 Acres

      Channelview TX Commercial Land

      4.2 Acres, Unrestricted, I-10 Access
      15918 Avenue C, Channelview, TX 77530
      View Details
    • $1,110,000

      Unrestricted Land Near I-10

      4.2 acre unrestricted commercial land near I-10 and Sheldon.
      15918 Avenue C, Channelview, TX 77530
      View Details
    • $399,000

      Unrestricted Lot in Mixed-Use Area

      1.38-acre lot with frontage and high power capacity.
      16219 Bear Byu 1/2 Dr, Channelview, TX 77530
      View Details
    • $399,000

      Unrestricted Acreage with High Power

      1.38-acre lot suitable for commercial, industrial, or residential use.
      16219 Bear Byu 1/2 Dr, Channelview, TX 77530
      View Details
    • Contact for pricing
      171,373 SF

      Channelview Warehouse For Sale

      171,373 SF Warehouse, Excellent Location
      0 Carpenters Logistics Dr, Channelview, TX 77530
      View Details
    • Contact for pricing

      Sheldon Road Commercial Land Available

      Commercial land with utilities available on Sheldon Road.
      524-526 Sheldon Rd, Channelview, TX 77530
      View Details

    Nearby Similar for Sale

    • $1,200,000

      Versatile Investment Property in Channelview

      One-acre property with commercial/residential zoning and income-producing mobile homes.
      16809 Market St, Channelview, TX 77530
      View Details
    • Contact for pricing
      171,373 SF

      Channelview Warehouse with Truck Court

      171,373 SF warehouse featuring a 130' truck court.
      S Sheldon Rd, Channelview, TX 77530
      View Details
    • $575,000

      Redevelopment Opportunity on Oversized Lot

      Oversized lot with warehouse, office, and two single-family homes.
      16219 Bear Bayou Dr, Channelview, TX 77530
      View Details
    • $725,000
      7,500 SF

      Unrestricted Property with New Warehouse

      1.06-acre property featuring a new 7,500 sq ft warehouse.
      15414 N Brentwood St, Channelview, TX 77530
      View Details
    • Contact for pricing
      171,373 SF

      Channelview Warehouse For Sale

      171,373 SF Warehouse, Excellent Location
      0 Carpenters Logistics Dr, Channelview, TX 77530
      View Details
    • $11,872,514
      109,489 SF

      Channelview Medical Office Portfolio

      Multi-tenant medical complex, high cap rate.
      15055 Fwy Service Rd, Channelview, TX 77530
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Prime 2-acre lot, high-growth area.
    Where is this individual retail property located?
    The property is located at 16516 Market St Channelview, TX.
    What is the asking price?
    The asking price for this property is $1,088,000.
    What are key features of this property?
    This property features: $1,088,000 asking price for a mixed-use retail property.; 7,778 square feet on a 2-acre lot, with a price per square foot of $139.88.; Located at 16516 Market St, Channelview, TX 77530, approximately 20 minutes east of Downtown Houston.
    Request Owner's contact information
    16516 Market St Channelview, TX 77530
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    16516 Market St
    Channelview, TX 77530
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    16516 Market St Channelview, TX 77530
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.