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1417 Durham Dr Houston, TX 77008

OFF-MARKET Retail properties & Spaces Google Maps
16,625 SF
Estimated value
No estimation on file for this property yet.
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 Retail properties & Spaces
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

Current use

Occupant on record · Public records
  • Car Dealership
  • Insurance Agency
  • Auto Repair Shop
  • Cafe & Coffee Shop

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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