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    Alamo St Houston, TX 77007

    For Sale
    $75,000

    20,000 sq ft commercial lot, $75,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial land offering presents a unique investment opportunity in Houston, Texas. Located on Alamo Street in Harris County, zip code 77007, this property encompasses a total of 20,000 square feet, comprised of four vacant lots within the East subdivision. The land is priced competitively at $75,000, translating to a land value of $4 per square foot. The property's APN numbers are 601130210249 and 601130210252. Specifically, three lots (249, 250, and 251) in Block 16 of the East subdivision collectively account for 15,000 square feet, while an additional lot (252) in the same block contributes 5,000 square feet. This prime location in Houston offers significant potential for various commercial developments, making it an attractive proposition for discerning investors seeking a foothold in a thriving Texas market. The property's convenient location and substantial size make it ideal for a range of commercial ventures. This is a rare opportunity to acquire a sizable parcel of commercial land in a desirable area of Houston at an attractive price point. Don't miss out on this chance to secure your future in the heart of Houston's dynamic commercial landscape.

    Property Features for 0 Alamo St

    General Information

    Property type
    Land

    HighLights

    • Three contiguous lots totaling 15,000 square feet (Lots 249, 250, & 251, Block 16 East).
    • One 5,000 square foot lot (Lot 252, Block 16 East).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.31422
    Latitude
    29.62406

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    FAQs

    What type of property is this?
    Land - 20,000 sq ft commercial lot, $75,000
    Where is this land located?
    The property is located at Alamo St Houston, TX.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: Three contiguous lots totaling 15,000 square feet (Lots 249, 250, & 251, Block 16 East).; One 5,000 square foot lot (Lot 252, Block 16 East).;
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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
    Alamo St Houston, TX 77007
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