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    7975 Bellfort Ave Houston, TX 77061

    Sponsored
    For Sale
    $2,650,000

    Houston, TX: Prime Commercial Property

    Property size:
    31,997 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 31,997 square foot retail property, situated on a 1.57-acre lot in Houston, Texas, presents a compelling investment opportunity. Built in 1982, the property is ideally located at a major intersection with a traffic signal, offering high visibility and accessibility. Its diverse zoning allows for a variety of uses, including auto shops, convenience stores, and shopping centers, making it suitable for a wide range of businesses. The property boasts a strong current rental income of $16,150 per year. Furthermore, its strategic location within a rapidly growing neighborhood, surrounded by over 66,000 homes within a 5-mile radius, ensures a substantial customer base. The property's financial performance is further highlighted by its annual property tax of $45,228.65, property insurance of $31,626, and a maintenance expense of $6,500 for the previous year. The asking price is $2,650,000, representing a price per square foot of $82.82. The seller is motivated and open to negotiations with serious buyers. This property offers significant potential for growth and return on investment. The absence of an onsite detention requirement adds to its appeal. All financial information should be independently verified by the buyer.

    Property Features for 7975 Bellfort Ave

    General Information

    Property type
    Lifestyle centers
    Square Feet
    31,997 SF
    Lot Size
    68,389 SF

    Building Details

    Year Built
    1982

    HighLights

    • 31,997 SF retail property on a 1.57‑acre lot in Houston, TX.
    • High‑visibility location at a signalized major intersection.
    • Diverse zoning allows for various uses, including auto shops, convenience stores, and shopping centers.
    • Annual net operating income of $16,150.
    • Located within a rapidly growing area with over 66,000 homes within a 5‑mile radius.
    • Annual property taxes of $45,228.65, insurance of $31,626, and maintenance of $6,500.
    Property Profile Location Intelligence

    Current Use by Public Records

    B&B Barber Salon Barber Shop Ria Money Transfer ... Money Transfer Service Mechanic Discounters Mechanic EL TACO H ... Restaurant Sartax Multiservices Tax Preparation Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.2703211
    Latitude
    29.6745405

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    FAQs

    What type of property is this?
    Lifestyle center - Houston, TX: Prime Commercial Property
    Where is this lifestyle center located?
    The property is located at 7975 Bellfort Ave Houston, TX.
    What is the asking price?
    The asking price for this property is $2,650,000.
    What are key features of this property?
    This property features: 31,997 SF retail property on a 1.57-acre lot in Houston, TX.; High-visibility location at a signalized major intersection.; Diverse zoning allows for various uses, including auto shops, convenience stores, and shopping centers.
    Request Owner's contact information
    7975 Bellfort Ave Houston, TX 77061
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    Houston, TX 77061
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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
    7975 Bellfort Ave Houston, TX 77061
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