Technical
Financial
Distress signals
Property profile

2402 Broad St Houston, TX 77087

OFF-MARKET
Office buildings
Property ID
US82-2182869
1,602 SF 1.09 ac lot Built 1965
Entity Owned 8-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional industrial warehouse property, located at 2402 Broad Street in Houston, Texas, presents a significant investment opportunity. Situated in Harris County, zip code 77087, this warehouse boasts a strategic location within the vibrant Houston market. The property's precise coordinates are 29.7074584 latitude and -95.3049432 longitude, offering easy access to major transportation routes and facilitating efficient logistics. Classified as an industrial property with a warehouse subtype, this asset is ideal for businesses requiring substantial storage and operational space. Further details regarding the property's size, specifications, and potential uses are available upon request. Interested parties are encouraged to contact the office to obtain comprehensive information and explore this compelling investment prospect. This property is being offered for sale and represents a chance to acquire a well-positioned industrial asset in a thriving Texas market. The property's address is clearly identified as 2402 Broad Street, Houston, TX 77087. Serious inquiries only.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1965
Construction BRICK
Total area 1,602 SF
Lot 1.09 ac (47,297 SF)
APN 410300000160
UPID US82-2182869

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
  • Big Box & Wholesale Store Building Supply
  • Auto Parts Store

Location

2402 Broad St Houston, TX 77087-1408
Houston metro Census 311702 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$370k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2018
1 recorded transaction
2018
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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