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    4101 Polk St Houston, TX 77023

    Sponsored
    For Lease
    Contact for pricing

    Historic Eastwood, 16,700 SF Lot, Drive-Thru Potential

    Lot size:
    1,376 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.38-acre lot, situated at the hard corner of Polk Street and Cullen Boulevard in Houston's historic Eastwood neighborhood, presents a unique retail or restaurant investment opportunity. The 16,700 square foot lot features a single-tenant building constructed in 1940, offering approximately 1,376 square feet of interior space. The property boasts significant visibility and accessibility due to its prime corner location, directly across from a Kroger grocery store, ensuring high foot traffic and convenient customer access. The site offers the potential for a drive-thru, adding further appeal to prospective tenants and enhancing operational efficiency. Ample parking is available, accommodating 15-20 vehicles. The property also includes outdoor patio space, ideal for creating an inviting atmosphere for customers. This ground lease opportunity in Harris County, Texas (zip code 77023) is perfect for a variety of uses, capitalizing on the strong demographics and established commercial presence of the Eastwood area. The property's location and features make it an attractive investment for both established businesses and new ventures seeking a high-visibility location in a thriving Houston neighborhood. This is a rare chance to acquire a well-positioned retail property with significant development potential.

    Property Features for 4101 Polk St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,376 SF

    Building Details

    Year Built
    1940
    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    1,376 SF

    HighLights

    • Prime location in the historic Eastwood neighborhood, Houston.
    • Eastwood boasts the city's largest concentration of Craftsman, Arts & Crafts, Foursquare, and Mission‑style homes, dating back to 1911.
    • High demand and rapid growth, with median home prices exceeding $420,000 and significant townhouse and multifamily development.
    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 Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.3384995
    Latitude
    29.740062

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    FAQs

    What type of property is this?
    Restaurant - Historic Eastwood, 16,700 SF Lot, Drive-Thru Potential
    Where is this restaurant located?
    The property is located at 4101 Polk St Houston, TX.
    What are key features of this property?
    This property features: Prime location in the historic Eastwood neighborhood, Houston.; Eastwood boasts the city's largest concentration of Craftsman, Arts & Crafts, Foursquare, and Mission-style homes, dating back to 1911.; High demand and rapid growth, with median home prices exceeding $420,000 and significant townhouse and multifamily development.
    Request Owner's contact information
    4101 Polk St Houston, TX 77023
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    Houston, TX 77023
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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
    4101 Polk St Houston, TX 77023
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