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    2302 Main St Waller, TX 77484

    For Sale
    $2,475,000

    High-yield retail building, excellent location.

    Property size:
    11,250 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 11,250 square foot multi-tenant storefront property at 2302 Main Street in Waller, Texas, presents a compelling investment opportunity. Located in downtown Waller, adjacent to city hall and the city park, this building boasts a prime location in a rapidly growing community. Constructed in 1935 and recently refurbished, the property currently enjoys 100% occupancy with three established tenants: a gym, a hair salon, and a gutter company. The landlord currently occupies 1,800 square feet on the north end of the building. Beyond the main building, the property includes nearly two full lots totaling 12,426 square feet, providing significant potential for future expansion or development. The strategic location offers easy access to major transportation arteries, including Highway 290, the Grand Parkway, FM 2920, and FM 362, ensuring convenient access to the greater Houston area. This property offers immediate cash flow for investors, while also providing space for a business owner to operate their own enterprise. The asking price is $2,475,000. The property's strong tenant base, prime location, and expansion potential make it an ideal investment in a thriving Texas market. The 77484 zip code further underscores the property's desirability.

    Property Features for 2302 Main St

    General Information

    Property type
    Individual retail properties
    Square Feet
    11,250 SF

    HighLights

    • 11,250 SF multi‑tenant retail building at 2302 Main Street, Waller, TX.
    • Prime downtown Waller location, adjacent to city hall and city park.
    • 100% occupied with three tenants (gym, hair salon, gutter company) plus landlord‑occupied space (1,800 SF).
    • 12,426 SF lot size offering expansion potential.
    • Excellent access to major highways (HWY 290, Grand Parkway, FM 2920, FM 362).
    • Asking price: $2,475,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bold Fitness Gym

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Waller
    County
    Waller
    State
    Texas
    Longitude
    -95.9251008
    Latitude
    30.0570538

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    FAQs

    What type of property is this?
    Individual retail property - High-yield retail building, excellent location.
    Where is this individual retail property located?
    The property is located at 2302 Main St Waller, TX.
    What is the asking price?
    The asking price for this property is $2,475,000.
    What are key features of this property?
    This property features: 11,250 SF multi-tenant retail building at 2302 Main Street, Waller, TX.; Prime downtown Waller location, adjacent to city hall and city park.; 100% occupied with three tenants (gym, hair salon, gutter company) plus landlord-occupied space (1,800 SF).
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    Waller, TX 77484
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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
    2302 Main St Waller, TX 77484
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