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    217 Main St Highlands, TX 77562

    Sponsored
    For Sale
    $850,000

    Prime Retail Space, High Traffic Area

    Property size:
    2,848 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a 2,848 square foot, single-story building on a substantial 22,500 square foot lot in Highlands, Texas. The property, built in 1957 and renovated in 2020, is classified as Class B and boasts a convenient drive-through lane. Currently configured as a single-tenant space, it's ideally suited for a variety of uses, including convenience stores, quick-service restaurants, or other retail ventures. The property includes three combined lots: a 4,950 square foot lot containing the building, a 7,050 square foot parking lot, and an additional 7,500 square foot vacant lot. Its strategic location near a major Food Town grocery store ensures high visibility and significant daily traffic. Surrounded by thriving businesses, including other restaurants and gas stations, this property offers excellent potential for growth and profitability. The asking price is $850,000, translating to $298.46 per square foot. The ample lot size and existing infrastructure provide significant flexibility for future development or expansion. This is a rare chance to acquire a well-located, versatile commercial property in a bustling Texas community. The property will soon be vacant, presenting a clean slate for a new tenant or owner-operator.

    Property Features for 217 Main St

    General Information

    Property type
    Restaurants
    Square Feet
    2,848 SF
    Class
    B

    Building Details

    Year Built/Renovated
    1957/2020
    Buildings
    1
    Stories
    1

    HighLights

    • 2,848 SF single‑story building on a 22,500 SF lot in Highlands, TX.
    • Class B building, built in 1957, renovated in 2020, with a drive‑through lane.
    • Currently single‑tenant, ideal for retail, QSR, or convenience store use.
    • High‑visibility location near a Food Town grocery store, surrounded by other businesses.
    • $850,000 asking price ($298.46/SF).
    • Soon‑to‑be‑vacant, offering flexibility for future development or expansion.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mariela Hair Studio Hair Salon Good Heart Resale ... Second Hand Store Moso Cellular Cell Phone Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Highlands
    County
    Harris
    State
    Texas
    Longitude
    -95.057228674294
    Latitude
    29.817587270536

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    FAQs

    What type of property is this?
    Restaurant - Prime Retail Space, High Traffic Area
    Where is this restaurant located?
    The property is located at 217 Main St Highlands, TX.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: 2,848 SF single-story building on a 22,500 SF lot in Highlands, TX.; Class B building, built in 1957, renovated in 2020, with a drive-through lane.; Currently single-tenant, ideal for retail, QSR, or convenience store use.
    Request Owner's contact information
    217 Main St Highlands, TX 77562
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    Highlands, TX 77562
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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
    217 Main St Highlands, TX 77562
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