2001 Garth Rd, Baytown, TX 77520-2472
- Drug stores
- 12,815 SF
- 1.29 lot acres
Current Use by Public Records
- CVS Pharmacy / Pharmacy
- UPS Access Point location / Courier Service / Postal Service
- CDReload - Online Bitcoin ATM / Crypto Atm / Atm
- Spirit Halloween / (Bike/Boat/Book/etc) Store
Property Details for 2001 Garth Rd
- Year built
- 1996
- Construction
- CONCRETE BLOCKS
- Lot size
- 1.29 lot acres
- Property type
- Drug stores
- APN
- 1189330000001
- APU
- 1189330000001
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 14, 1998 | — | Jefferson-pilot Life Insurance | Baytown Se L P | Grant Deed · related | — |
Description
This exceptional 11,000-square-foot retail property, situated on a 1.29-acre lot in Baytown, Texas, presents a unique investment opportunity. Located at 2001 Garth Rd, this single-story, 1996-built building boasts a prominent hard corner location at a signalized intersection, ensuring high visibility and accessibility. The property features a large pylon sign and four convenient curb cuts, maximizing exposure to the substantial traffic flow on Garth Road, a key thoroughfare connecting to densely populated neighborhoods. With 60 parking spaces available, customer convenience is prioritized. The building is currently vacant, offering a blank canvas for a variety of retail uses. The surrounding area boasts an average household income of $72,000 and nearly 4,000 households within a one-mile radius, indicating strong potential for tenant acquisition and sustained revenue generation. The property is zoned for commercial use and offers significant potential for a savvy investor seeking a prime retail location in a thriving community. The asking price is $2,100,000, translating to $190.91 per square foot. This represents a compelling opportunity to capitalize on the robust retail market in Baytown, Texas. The property's size, location, and visibility make it an ideal candidate for a variety of retail businesses. The ample parking and convenient access points further enhance its appeal. This is a rare chance to acquire a well-positioned retail asset in a high-growth area.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,540,000
- 6.5%
- $2,345,000
- 7%
- $2,175,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,951,000
Market price range: $671k - $2.00M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,350,000 Current use
- COMMERCIAL (GENERAL)
- $2,120,000 Change: +57% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $1,570,000 Change: +16% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,350,000 Change: +0% Conversion: Difficult
- RESTAURANT
- $1,335,000 Change: -1% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Baytown
- County
- Harris
- State
- Texas
- Longitude
- -94.9777
- Latitude
- 29.7469
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
