5601 Harrisburg Blvd Houston, TX 77011
- Commercial real estate
- 0.26 lot acres
Current Use by Public Records
- R & S Auto Sales / Car Dealer
Property Details for 5601 Harrisburg Blvd
- Lot size
- 0.26 lot acres
- Property type
- Commercial real estate
- APN
- 150330000009
- APU
- 150330000009
Description
This exceptional 2,970-square-foot flex space industrial property is ideally situated at the corner of Harrisburg Boulevard and Latham Street in Houston, Texas, zip code 77011. Located in the East Downtown (EADO) submarket, this property benefits from its proximity to major thoroughfares including I-45, I-10, and I-610, ensuring excellent accessibility. The high traffic volume of Harrisburg Boulevard provides significant visibility, making it an attractive location for businesses seeking high exposure. The property's strategic location also places it directly adjacent to the Metro Rail line, offering convenient public transportation access. Previously used as a used auto dealership and currently operating as an automotive repair center, the property includes a paint booth. A frame machine is available for separate purchase. The asking price for this prime investment opportunity is $1,200,000. Owner financing may be available to qualified buyers. This versatile property presents a unique opportunity for a variety of businesses seeking a well-located and functional space in the thriving Houston market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $305,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $220,000
- 6.5%
- $235,000
- 7%
- $220,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $260,000
- Geo Method
- $255,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $240,000
- Retail
- $255,000
- Mixed-Use
- $255,000
- Hospitality
- $265,000
- Educational
- $215,000
- Residential Income
- $210,000
- Energy
- $260,000
- Income-Based Land
- $270,000
- Food Service
- $235,000
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.3192
- Latitude
- 29.7411
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA