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    Nwc Of Scott St & Alabama St Houston, TX 77004

    Sponsored
    For Lease
    Contact for pricing

    1-Acre Retail Pad, 47,000 SF

    Lot size:
    47,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.078-acre commercial property, located at the Northwest corner of Scott Street and Alabama Street in Houston, Texas (zip code 77004), presents a unique opportunity for retail development or investment. The property boasts a total building area of 47,000 square feet, currently entirely vacant and available for lease. This presents a blank canvas for a single tenant to build out their ideal space or for a developer to create a multi-tenant retail center. The property's prime location in Harris County offers excellent visibility and accessibility, making it an ideal spot to attract a significant customer base. The "Retail Pad" designation signifies its suitability for a variety of retail uses, from restaurants and shops to service businesses. The property's size and location make it a highly desirable asset in a thriving Houston market. The entire 47,000 square feet is available, offering significant flexibility for a large-scale retail operation or the potential for subdivision into smaller units. This is a rare opportunity to acquire a substantial, vacant retail property in a high-traffic area of Houston. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land. The property is zoned for commercial use.

    Property Features for 0 Nwc Of Scott St & Alabama St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    47,000 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    47,000 SF

    HighLights

    • 1.078‑acre commercial lot at the NW corner of Scott & Alabama Streets, Houston, TX (77004).
    • Directly across from the University of Houston (46,000+ students).
    • Easy I‑45 access.
    • Across Alabama Street from Jack Yates High School (approx. 822 students).
    • Across from the Metro Rail Red Line.
    • Price upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.3510137
    Latitude
    29.7237428

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    FAQs

    What type of property is this?
    Individual retail property - 1-Acre Retail Pad, 47,000 SF
    Where is this individual retail property located?
    The property is located at Nwc Of Scott St & Alabama St Houston, TX.
    What are key features of this property?
    This property features: 1.078-acre commercial lot at the NW corner of Scott & Alabama Streets, Houston, TX (77004).; Directly across from the University of Houston (46,000+ students).; Easy I-45 access.
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    Nwc Of Scott St & Alabama St Houston, TX 77004
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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

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    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
    Nwc Of Scott St & Alabama St Houston, TX 77004
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