2120 Louisiana St Houston, TX 77002
- Office buildings
- 3,192 SF
- 0.19 lot acres
Current Use by Public Records
- 2120 Louisiana St Parking / Parking Lot
- Hertz Car Rental - Houston - Louisiana Street HLE / Car Rental Agency
Property Details for 2120 Louisiana St
- Year built
- 1985
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.19 lot acres
- Property size
- 3,192 SF
- Property type
- Office buildings
- APN
- 152370000004
- APU
- 152370000004
Description
This exceptional mixed-use property, located at 2120 Louisiana St, Houston, TX 77002, presents a compelling investment opportunity. The 2,152 square foot building, constructed in 1985, sits on an 8,125 square foot lot and is currently occupied by a Hertz Car Rental, a well-established and reputable tenant under a gross lease. The property's strategic location in the shadow of Downtown Houston, adjacent to I-45, offers significant advantages. The asking price is $1,250,000, translating to $580.86 per square foot. The single-story building offers potential for future development, with plans for office buildings in the area indicating strong growth prospects. This presents a rare chance to acquire a well-situated property with a reliable tenant and substantial upside potential in a rapidly developing part of Houston. The property features one building, and the lot size provides ample space for potential expansion or redevelopment. This is a single-tenancy property with a strong existing tenant. The property is zoned for mixed-use retail and auto shop uses.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.3749
- Latitude
- 29.7501
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
