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    2120 Louisiana St Houston, TX 77002

    Sponsored
    For Sale
    $1,250,000

    Prime location, high-growth potential, strong tenant.

    Property size:
    2,152 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property, located at 2120 Louisiana St, Houston, TX 77002, presents a compelling investment opportunity. The 2,152 square foot building, constructed in 1985, sits on an 8,125 square foot lot and is currently occupied by a Hertz Car Rental, a well-established and reputable tenant under a gross lease. The property's strategic location in the shadow of Downtown Houston, adjacent to I-45, offers significant advantages. The asking price is $1,250,000, translating to $580.86 per square foot. The single-story building offers potential for future development, with plans for office buildings in the area indicating strong growth prospects. This presents a rare chance to acquire a well-situated property with a reliable tenant and substantial upside potential in a rapidly developing part of Houston. The property features one building, and the lot size provides ample space for potential expansion or redevelopment. This is a single-tenancy property with a strong existing tenant. The property is zoned for mixed-use retail and auto shop uses.

    Property Features for 2120 Louisiana St

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,152 SF

    Building Details

    Year Built
    1985
    Buildings
    1
    Stories
    1

    HighLights

    • Hertz Car Rental, a strong national tenant, occupies the property.
    • Excellent freeway access via I‑45.
    • Prime location near Downtown Houston.
    • Significant future development potential in the surrounding area.
    Property Profile Location Intelligence

    Current Use by Public Records

    2120 Louisiana St ... Parking Lot Hertz Car Rental ... Car Rental Agency

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.375139267854
    Latitude
    29.749904350496

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    FAQs

    What type of property is this?
    Individual retail property - Prime location, high-growth potential, strong tenant.
    Where is this individual retail property located?
    The property is located at 2120 Louisiana St Houston, TX.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: Hertz Car Rental, a strong national tenant, occupies the property.; Excellent freeway access via I-45.; Prime location near Downtown Houston.
    Request Owner's contact information
    2120 Louisiana St Houston, TX 77002
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    Houston, TX 77002
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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
    2120 Louisiana St Houston, TX 77002
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