1002 Edgebrook Dr Houston, TX 77034-1802
- Auto shops
- 1,897 SF
- 0.43 lot acres
Feb 06, 2020
Current Use by Public Records
- El Jalapeño (Food Truck) / Mexican Restaurant / Fast Food Restaurant
- Mobile / Gas Station
Property Details for 1002 Edgebrook Dr
- Year built
- 1968
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.43 lot acres
- Property size
- 1,897 SF
- Property type
- Auto shops
- APN
- 940760000001
- APU
- 940760000001
Description
This exceptional investment opportunity presents a 1,250 square foot, multi-tenant retail property located at 1002 Edgebrook Dr, Houston, TX 77034. Built in 1968, this single-story building sits on a 0.43-acre lot and boasts 100% occupancy with two existing tenants. Currently operating as a service station with two bays and brake machine, the property offers significant upside potential. The asking price is $1,399,000, translating to $1,119.20 per square foot. The existing service station income, coupled with the two tenants, provides a strong cash flow. A new owner could expand the business considerably by adding gas station services, constructing additional bays, and employing a full-time mechanic. A survey of the property is available upon request. This property represents a rare chance to acquire a well-established, income-generating business with substantial growth potential in a prime Houston location. The property's strong tenant base and existing infrastructure provide a solid foundation for future expansion and increased profitability.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.237
- Latitude
- 29.6439
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
