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    777 23Rd St Houston, TX 77008

    Sponsored
    For Sale
    $6,103,140

    8,400 SF, 1-Story Building, $6.1M

    Property size:
    8,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 8,400 square foot, single-tenant building is situated in Houston's desirable Heights neighborhood at 777 W 23rd St, zip code 77008. Built in 1996 and renovated in 2015, this one-story structure sits on a 24,951 square foot lot. The property is zoned for Medical Office, Restaurant, and Storefront uses, offering versatile options for a variety of businesses. Its prime location in the heart of the Greater Heights area benefits from significant recent retail and residential growth, with nearby improvement projects expected to further enhance pedestrian and bicycle traffic. The building features high ceilings and plumbing in nearly every room, along with two yard areas (one potentially convertible to parking). A parking agreement is also a possibility. Please note: the property has a restriction against early-childcare use

    Property Features for 777 23Rd St

    General Information

    Property type
    Individual retail properties
    Square Feet
    8,400 SF

    Building Details

    Year Built/Renovated
    1996/2015
    Buildings
    1
    Stories
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Tex US Transportation ... Trucking Company Goddard School of the Heights ... Kindergarten

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.412039551163
    Latitude
    29.80683703672

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    FAQs

    What type of property is this?
    Individual retail property - 8,400 SF, 1-Story Building, $6.1M
    Where is this individual retail property located?
    The property is located at 777 23Rd St Houston, TX.
    What is the asking price?
    The asking price for this property is $6,103,140.
    Request Owner's contact information
    777 23Rd St Houston, TX 77008
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    Houston, TX 77008
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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
    777 23Rd St Houston, TX 77008
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