3300 Capitol St Houston, TX 77003
- Commercial real estate
- 0.16 lot acres
Current Use by Public Records
- Stan Roberts & Associates / Plumbing Supply Store / Hardware Store
Property Details for 3300 Capitol St
- Lot size
- 0.16 lot acres
- Property type
- Commercial real estate
- APN
- 30010000010
- APU
- 30010000010
Description
This exceptional 178,138 square foot commercial land parcel presents a unique investment opportunity in Houston's vibrant Eado district. Strategically located at the hard corner of Sampson Street and Texas Street, this 4.09-acre site boasts unparalleled access to major highways and freeways, ensuring seamless connectivity throughout the city. The property's central location offers a 3-minute walk to the Metro Commuter Rail Green Line and a convenient on-site Metro bus stop, providing employees and residents with diverse transportation options. For those who prefer alternative commuting, a 4-minute bike ride connects to the Columbia Tap Bike Trail. Furthermore, the property's proximity to the downtown CBD adds to its appeal. The surrounding area is experiencing significant redevelopment, with a mix of residential, creative office, and mixed-use projects, indicating a strong potential for future growth and appreciation. This prime location offers exceptional visibility and accessibility, making it ideal for a wide range of commercial developments. The land's size and strategic location make it a highly desirable asset for investors seeking a strong return on investment in a rapidly developing area of Houston. The $60,520 per square foot land value reflects the exceptional nature of this opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $295,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $295,000
- 6.5%
- $285,000
- 7%
- $290,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $265,000
- Geo Method
- $325,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $290,000
- Retail
- $295,000
- Mixed-Use
- $305,000
- Hospitality
- $270,000
- Educational
- $255,000
- Residential Income
- $285,000
- Energy
- $265,000
- Income-Based Land
- $330,000
- Food Service
- $270,000
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.3431
- Latitude
- 29.7471
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
