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    2011 Binz St Houston, TX 77004

    Sponsored
    For Sale
    Contact for pricing

    7,000 SF Building, 16,888 SF Lot

    Property size:
    7,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7,000 square foot apartment building, situated on a sizable 16,888 square foot lot, presents a unique investment opportunity in Houston's coveted Museum District. Built in 1950, this two-story, Class C property currently consists of a single unit and offers ample onsite parking within a fenced yard. The property is currently vacant, allowing for immediate occupancy or redevelopment to suit a variety of uses. Potential uses include office space, multifamily conversion, medical facilities, retail, or restaurant establishments. Its prime location offers unparalleled access to Rice University, St. Thomas University, and the Metro light rail, placing it within walking distance of renowned educational institutions and convenient public transportation. Furthermore, its proximity to the Texas Medical Center, downtown Houston, Minute Maid Park, and Houston's vibrant entertainment districts ensures high visibility and accessibility. The property's zoning is not specified, and interested parties should conduct their own due diligence regarding permitted uses. This is a rare chance to acquire a property in a highly desirable area with significant redevelopment potential. The property is owner-owned and the parcel number is 0420660000030.

    Property Features for 2011 Binz St

    General Information

    Property type
    Multifamily properties
    Square Feet
    7,000 SF
    Class
    C

    Building Details

    Year Built
    1950
    Buildings
    1
    Stories
    2
    Units
    1

    HighLights

    • 7,000 SF multifamily apartment building on a 16,888 SF lot.
    • Located in Houston, TX's Museum District at 2011 Binz St, 77004.
    • Built in 1950, this Class C property features one building with two stories.
    • Currently vacant, offering redevelopment or as‑is use opportunities.
    • Onsite parking and fenced yard included.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.3803325
    Latitude
    29.7205659

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    FAQs

    What type of property is this?
    Multifamily property - 7,000 SF Building, 16,888 SF Lot
    Where is this multifamily property located?
    The property is located at 2011 Binz St Houston, TX.
    What are key features of this property?
    This property features: 7,000 SF multifamily apartment building on a 16,888 SF lot.; Located in Houston, TX's Museum District at 2011 Binz St, 77004.; Built in 1950, this Class C property features one building with two stories.
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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
    2011 Binz St Houston, TX 77004
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