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    4608 Fulton St Houston, TX 77009

    For Sale
    $350,000

    Prime Houston land, ideal for townhomes.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 11,000 sq ft lot in Houston's vibrant 77009 zip code presents a compelling redevelopment opportunity. Located at 4608 Fulton St, this property boasts a highly desirable location, just steps from the Cavalcade Metro-rail station and a short 10-minute drive from Downtown Houston. Currently zoned for commercial use, the site includes a 700 sq ft office building constructed in 1995, previously used as a car dealership. The existing structure would require interior rehabilitation for continued commercial use. However, the property's true potential lies in its suitability for residential redevelopment. Already divided into four lots, this simplifies the process of creating townhomes, with parking conveniently accessible from McEwen St. The lot is approximately 55' x 200', paved, partially fenced, and situated in a designated opportunity zone, offering significant investment advantages. The asking price reflects land value, making this a truly exceptional investment prospect. APN: 0211860760012.

    Property Features for 4608 Fulton St

    General Information

    Property type
    Land

    HighLights

    • Priced at land value.
    • Steps from the Cavalcade Metro Rail Station.
    • 700 sq ft office building, built in 1995.
    • Ideal townhouse redevelopment site.
    • Located in an Opportunity Zone.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.367873921145
    Latitude
    29.802164987716

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    FAQs

    What type of property is this?
    Land - Prime Houston land, ideal for townhomes.
    Where is this land located?
    The property is located at 4608 Fulton St Houston, TX.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Priced at land value.; Steps from the Cavalcade Metro Rail Station.; 700 sq ft office building, built in 1995.
    (713) 316-7059
    Request Owner's contact information
    4608 Fulton St Houston, TX 77009
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    Houston, TX 77009
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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
    4608 Fulton St Houston, TX 77009
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