23240 Northwest Fwy Cypress, TX 77429
- Retail properties
- 1.44 lot acres
Current Use by Public Records
- Mini Mart Valero / Gas Station / Convenience Store
Property Details for 23240 Northwest Fwy
- Year built
- 1950
- Lot size
- 1.44 lot acres
- Property type
- Retail properties
- Property subtype
- Mixed-use properties
Description
This exceptional investment opportunity presents a well-established gas station and convenience store located at 23240 Northwest Freeway, Cypress, TX 77429. Situated on a 1.44-acre lot (APN: 0421210000070) in Harris County, this property boasts a 2,420 square foot main building, complemented by three additional buildings generating rental income. The main structure, built in 1950 and extensively renovated in 2020, features central air conditioning and is classified as Class C. The total building footprint spans 5,745 square feet, with a masonry construction type. The property's zoning is permitted by the City of Houston. This prime location on a busy highway ensures high traffic volume and strong potential for continued profitability. The property's fair condition and established tenant base make it an attractive investment for those seeking a stable and income-generating asset in a thriving Texas market. The USPS vacancy indicator, as of August 1st, 2024, shows no vacancies. This one-story building offers a unique blend of established business and rental income potential, making it a compelling opportunity for discerning investors.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cypress
- County
- Harris
- State
- Texas
- Longitude
- -95.6617
- Latitude
- 29.9454
