3304 Cavalcade St Houston, TX 77026
- Warehouses
- 1,760 SF
- 0.18 lot acres
Current Use by Public Records
- Warehouses
Property Details for 3304 Cavalcade St
- Year built
- 1948
- Construction
- METAL FRAME
- Lot size
- 0.18 lot acres
- Property size
- 1,760 SF
- Property type
- Warehouses
- APN
- 701070080027
- APU
- 701070080027
Description
This exceptional commercial and industrial land parcel, located at 3304 Cavalcade St, Houston, TX 77026 (APN: 0701070080026), offers 7,980 square feet of development potential. Zoned for commercial use, this property is perfect for a variety of ventures, including retail, office, or warehouse space. City utilities are readily available on-site, including water and gas lines (one lot features a 1.5-inch water line and a 2-inch gas line, while the other has a quarter-inch water and gas line). An adjacent, similarly sized lot (7,920 sq ft, APN: 0701070080027) at 3306 Cavalcade St is also available for purchase at the same price, presenting an opportunity to acquire approximately 15,900 square feet of combined land. One lot is clear, while the other contains an older building. Potential uses include, but are not limited to, business operations, shopping centers, retail spaces, offices, warehouses, and potentially even a church (subject to city approval for special use permits). The buyer is responsible for verifying intended use with the city and confirming the availability of utilities. This is a fantastic opportunity to acquire a strategically located property in Houston's thriving commercial market. The asking price for this property is $150,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $340,000
- 6.5%
- $305,000
- 7%
- $350,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $295,000
- Geo Method
- $270,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $340,000
- Retail
- $310,000
- Mixed-Use
- $320,000
- Hospitality
- $350,000
- Educational
- $295,000
- Residential Income
- $270,000
- Energy
- $370,000
- Income-Based Land
- $320,000
- Food Service
- $345,000
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.3358
- Latitude
- 29.8001
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA