Property profile

0 Nwc Of Scott St & Alabama St Houston, TX 77004

OFF-MARKET
Retail properties & Spaces
47,000 SF
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces
Total area 47,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Nwc Of Scott St & Alabama St Houston, TX 77004
Houston metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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