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    OFF-MARKET
    Commercial real estate

    1417 Durham Dr, Houston, TX 77008

    16,625 SF
    Property ID
    US82-2646893
    Property summary
    AI-generated overview

    This exceptional 16,625 square foot commercial lot, located at 1417 N Durham Dr in Houston, Texas, presents a remarkable opportunity for retail development. Situated in the vibrant Heights area, this property boasts prime frontage and offers significant potential for a variety of commercial ventures. The asking price is $2,700,000, translating to $162.41 per square foot. The property is zoned for mixed-use development, allowing for flexibility in project design and tenant mix. The single existing building on the site provides an immediate opportunity for renovation or redevelopment, depending on the buyer's vision. The property's location in Harris County, zip code 77008, offers easy access to major transportation arteries, ensuring high visibility and convenient access for customers and employees. This is a rare chance to acquire a substantial parcel of land in a highly sought-after Houston neighborhood, ideal for investors seeking a high-return development project. The property's size and location make it an attractive proposition for developers looking to capitalize on the area's growing commercial sector. Further details will be released soon.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 16,625 SF
    UPID US82-2646893
    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
    Current use
    Occupant on record · Public records
    • Caruzen Motors Car Dealership
    • Moncredo Insurance Insurance Agency
    • Houston Icon Complete Auto Service Auto Repair Shop
    • HOuston Hieghts Cafe & Coffee Shop
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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