Technical
Financial
Distress signals
Property profile

1016 Alabama St Houston, TX 77004

OFF-MARKET
Gas stations
Property ID
US82-2714098
3,366 SF 0.29 ac lot Built 1970
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,542-square-foot commercial property, located at 1016 Alabama Street in Houston, Texas, presents a unique opportunity for a single-tenant retail or restaurant business. Situated in Harris County, zip code 77002, this completely vacant space offers immediate occupancy. The property's single-tenant configuration provides a streamlined and efficient layout, ideal for a variety of uses. Its generous square footage allows for flexible design and ample space to accommodate inventory, customer areas, and operational needs. The property's address is easily accessible, offering excellent visibility and convenient access for customers. This location within Houston provides a strong foundation for business growth and success, benefiting from the city's vibrant economy and diverse population. The property is currently available for lease, presenting a rare chance to establish a presence in a desirable Houston location. Interested parties are encouraged to inquire for further details and to schedule a viewing. This is a turnkey opportunity for a business seeking a well-positioned, spacious, and readily available retail or restaurant space in a thriving Texas market. The property's size and location make it an attractive option for a variety of businesses seeking to establish a strong presence in the Houston area. The vacant status allows for immediate customization and occupancy, minimizing delays in business operations.

Property profile

Verified
Property type Gas stations
Use group GAS STATION
Year built 1970
Construction CONCRETE BLOCKS
Total area 3,366 SF
Lot 0.29 ac (12,645 SF)
APN 220670000006
UPID US82-2714098

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Atm
  • Dental Office Pharmacy
  • Construction Company General Contractor
  • Consultant

Location

1016 Alabama St Houston, TX 77004-3902
Houston metro Census 312502 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2024
2 recorded transactions
2024
Price N/A
2016
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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