3815 Navigation Blvd Houston, TX 77003
- Commercial real estate
- 0.18 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 3815 Navigation Blvd
- Lot size
- 0.18 lot acres
- Property type
- Commercial real estate
- APN
- 371950000026
- APU
- 371950000026
Description
This ±1.13-acre commercial land parcel presents a unique development opportunity in Houston's vibrant East Downtown (EaDo) neighborhood. Situated at 3815 Navigation Blvd, this hard-corner lot benefits from a lighted intersection and excellent visibility. Its strategic location offers convenient access to major transportation arteries, including I-69, I-10, and I-45, all within two miles. Metrorail is less than a mile away, enhancing accessibility. The property is also within 1.25 miles of Downtown Houston, placing it near popular restaurants, bars, and the Buffalo Bayou Hike & Bike Trail. This prime site is ideally positioned near significant developments, including Midway's East River, a large mixed-use project featuring residential, retail, and recreational components, and East Village, a mixed-use complex with retail, office space, and entertainment venues such as Truck Yard, Pitch 25, and True Anomaly Brewing. The property's APN is 0371950000022, 0371950000025, and 0371950000026. Permitted zoning is not available. This exceptional location offers unparalleled potential for a variety of commercial developments.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $315,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $415,000
- 6.5%
- $400,000
- 7%
- $395,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $430,000
- Geo Method
- $360,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $445,000
- Retail
- $460,000
- Mixed-Use
- $380,000
- Hospitality
- $460,000
- Educational
- $395,000
- Residential Income
- $400,000
- Energy
- $515,000
- Income-Based Land
- $395,000
- Food Service
- $495,000
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.332
- Latitude
- 29.7543
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA