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    8011 Montgomery Rd Houston, TX 77088

    Sponsored
    For Sale
    $1,448,000

    65,815 sq ft lot, prime Houston location.

    Property size:
    6,039 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 8011 W Montgomery Rd, Houston, TX 77088, presents a unique investment opportunity. The 65,815 square foot lot houses a 6,039 square foot, single-story, Class C building constructed in 1980. Currently operating as a funeral home, the property offers immediate cash flow potential and existing infrastructure. The property's zoning is commercial, allowing for diverse redevelopment options, including retail, mixed-use, or continued use as a funeral home. Its high-visibility location on W Montgomery Rd provides excellent traffic exposure and ample on-site parking. The property is situated in a rapidly growing area of Harris County, offering strong potential for long-term value appreciation. This one-unit property boasts significant road frontage, making it ideal for a variety of commercial ventures. The asking price is $1,448,000, with an occupancy date of October 6, 2024. This versatile property offers a compelling blend of immediate income potential and significant future development possibilities in a thriving Houston market. The property's size and location make it a rare find for investors seeking a high-impact commercial investment. The APN is 0162660000006.

    Property Features for 8011 Montgomery Rd

    General Information

    Property type
    Multifamily properties
    Square Feet
    6,039 SF
    Class
    C

    Building Details

    Year Built
    1980
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • Prime location in high‑traffic area of Houston with easy highway access.
    • 65,815 SF lot allows for expansion or redevelopment.
    • Existing funeral home provides immediate cash flow.
    • Strong long‑term value appreciation in a rapidly growing area.
    • Commercial zoning permits retail, mixed‑use, or continued funeral home use.
    • Ample on‑site parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Morgan Harris Funeral ... Funeral Home Loving Memories Mortuary Funeral Home

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.431313980944
    Latitude
    29.866196216605

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    FAQs

    What type of property is this?
    Multifamily property - 65,815 sq ft lot, prime Houston location.
    Where is this multifamily property located?
    The property is located at 8011 Montgomery Rd Houston, TX.
    What is the asking price?
    The asking price for this property is $1,448,000.
    What are key features of this property?
    This property features: Prime location in high-traffic area of Houston with easy highway access.; 65,815 SF lot allows for expansion or redevelopment.; Existing funeral home provides immediate cash flow.
    Request Owner's contact information
    8011 Montgomery Rd Houston, TX 77088
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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
    8011 Montgomery Rd Houston, TX 77088
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