Property profile

8303 Calhoun Rd Houston, TX 77033

OFF-MARKET
Retail space
Property ID
US82-4829819
9,160 SF 0.46 ac lot Built 2005
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 0.5-acre commercial/industrial land parcel, located at 8303 Calhoun Rd in Houston, Harris County, Texas (zip code 77033), presents a unique development opportunity. The property is ideally situated for a variety of uses, particularly suited for quick-service restaurant (QSR) development. Its single-tenant zoning offers flexibility and control. The lot's size provides ample space for construction and potential expansion. The address boasts excellent visibility and accessibility, ensuring high traffic and customer convenience. Given its prime location in Houston, this property offers significant potential for strong returns on investment. The property is designated as commercial and industrial land, providing versatility for various business ventures. Its location in Harris County, Texas, offers access to a robust infrastructure and a thriving local economy. This is a rare opportunity to acquire a strategically located parcel of land in a high-growth area of Houston. The property's characteristics make it an attractive option for developers seeking a prime location for a new commercial or industrial project. Serious inquiries are encouraged to explore the possibilities of this exceptional land offering. The latitude and longitude coordinates are 29.6695678 and -95.355153 respectively.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2005
Construction METAL FRAME
Total area 9,160 SF
Lot 0.46 ac (20,155 SF)
APN 332130000185
UPID US82-4829819

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Discount Store
  • Gas Station

Location

8303 Calhoun Rd Houston, TX 77033-3732
Houston metro Census 332000 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
$720k
Blend (final) Blend
$530k

Owner & transaction history

since 2020
4 recorded transactions
2020
Price N/A
2016
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $855,000 +8.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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