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Property profile & analytics
OFF-MARKET Estimated value $615,000
Warehouses

103 Jackson St Houston, TX 77002-1307

18,880 SF 1.18 ac lot Built 1977
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-3621502
Property summary
AI-generated overview

This exceptional 18,100 square foot retail property, located at 103 N Jackson Street in Houston, Texas, presents a unique investment opportunity. Built in 1977, the building sits on a 1.31-acre lot and is currently 100% vacant, offering significant potential for a single large tenant or multiple smaller tenants. The property's prime location in Houston's Downtown Metropolitan area, south of Buffalo Bayou, provides excellent visibility and accessibility. Its strategic position is bordered by Jackson Street, Ruiz Street, and Crawford Street, ensuring high foot traffic and convenient access for customers. The surrounding neighborhood offers a mix of local amenities, including grocery stores and convenience stores, catering to a diverse customer base. Furthermore, the property enjoys close proximity to major attractions such as Minute Maid Park and the George R. Brown Convention Center, benefiting from the high volume of foot traffic generated by these venues. The property's size and location make it ideal for a variety of retail uses, offering a blank canvas for a creative and successful business venture. The 77002 zip code ensures a strong address for any business looking to establish a presence in this vibrant and dynamic area of Houston. This is a rare opportunity to acquire a substantial retail space in a highly desirable location. The property's size and vacant status provide unparalleled flexibility for a wide range of retail concepts.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1977
Construction STEEL FRAME
Total area 18,880 SF
Lot 1.18 ac (51,235 SF)
APN 11080000014
UPID US82-3621502
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$590k
CAP Approach CAP
by Request
Comparable Approach Comparable
$642k
Blend (final) Blend
$615k
Owner & transaction history
Blossom Dev INC · 12 yrs held
Blossom Dev INC
since 2013
2 recorded transactions
2013
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $650,000 +25.2%
Neighborhood: shopping center $520,000 +0.4%
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