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    Property profile & analytics
    OFF-MARKET Estimated value $530,000
    Retail space

    8303 Calhoun Rd, Houston, TX 77033-3732

    9,160 SF 0.46 ac lot Built 2005
    Entity Owned 5-yr Hold Absentee Owner Free & Clear
    Property ID
    US82-4829819
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Family Dollar Discount Store
    • Time Rise Mart Gas Station
    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
    Casnar Properties LLC · 5 yrs held
    Casnar Properties LLC
    since 2020
    4 recorded transactions
    2020
    2016
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $855,000 +8.9%
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