502 Crosstimbers St Houston, TX 77022
- Commercial real estate
- 1,584 SF
- 0.25 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 502 Crosstimbers St
- Year built
- 1969
- Construction
- STEEL FRAME
- Lot size
- 0.25 lot acres
- Property size
- 1,584 SF
- Property type
- Commercial real estate
- APN
- 760310020018
- APU
- 760310020018
Description
This exceptional 10,782 square foot commercial lot is situated at 502 Crosstimbers Street in Houston, Texas, within the North Loop West submarket. The property boasts a prime corner location with dimensions of approximately 90 feet by 119 feet, offering excellent visibility and accessibility. Located in Harris County, zip code 77022, this land parcel benefits from high daily traffic counts of 2,200 cars per day. Utilities are readily available within the right-of-way. Its strategic location offers convenient access to major thoroughfares, placing it within seven-tenths of a mile from I-45 and the Northline Shopping Center. Furthermore, it's a short distance from other key retail areas, being seven blocks from North Main Street and ten blocks from the Garden Oaks Shopping Center. The asking price for this remarkable opportunity is $469,000. The property's APN is 0760310020018. For added convenience, additional land is available across Haygood Street, providing potential for ample parking expansion. This presents a unique chance to establish a thriving retail business in a high-demand location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $335,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $335,000
- 6.5%
- $370,000
- 7%
- $340,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $410,000
- Geo Method
- $345,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $395,000
- Retail
- $410,000
- Mixed-Use
- $410,000
- Hospitality
- $375,000
- Educational
- $355,000
- Residential Income
- $360,000
- Energy
- $315,000
- Income-Based Land
- $360,000
- Food Service
- $360,000
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.3935
- Latitude
- 29.8282
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA