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    3343 Dixie Dr Houston, TX 77021

    Sponsored
    For Sale
    $2,850,000

    High-yield retail investment opportunity in Houston, TX.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional Houston retail investment opportunity encompasses a portfolio of properties situated on Dixie Drive, within Harris County, zip code 77021. The offering includes multiple parcels totaling approximately 50,000 square feet of land, with a combined building footprint exceeding 26,000 square feet. Individual lot sizes range from 4,500 to 10,000 square feet, presenting a diverse range of development or leasing possibilities. The asking price for the entire portfolio is $2,850,000, translating to a price per square foot of $64.77. The property is identified by APN 033-239-035-0006. This is a rare chance to acquire a substantial retail holding in a thriving Houston market. The property's location offers excellent visibility and accessibility, making it an attractive proposition for both established businesses and new ventures. The diverse lot sizes and building footprints provide flexibility for a variety of uses and development scenarios. This is a turnkey investment opportunity with significant potential for future growth and appreciation. All parcels are being sold as a single package. The property is located at 3343 Dixie Drive, Houston, Texas.

    Property Features for 3343 Dixie Dr

    General Information

    Property type
    Retail properties
    Lot Size
    43,560 SF
    Property Profile 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
    -95.3708506
    Latitude
    29.7048532

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    FAQs

    What type of property is this?
    Retail property - High-yield retail investment opportunity in Houston, TX.
    Where is this retail property located?
    The property is located at 3343 Dixie Dr Houston, TX.
    What is the asking price?
    The asking price for this property is $2,850,000.
    Request Owner's contact information
    3343 Dixie Dr Houston, TX 77021
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    Houston, TX 77021
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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
    3343 Dixie Dr Houston, TX 77021
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