Property profile

283 N Main St Warsaw, NY 14569

FOR SALE
Hotels
Property ID
US63-4196729
31,450 SF 2.44 ac lot Built 2019
Entity Owned 7-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1,400 square foot retail space is available for lease at 13170 FM 529, Houston, TX 77041. Located in a bustling shopping center on a major thoroughfare, this property boasts prime frontage on FM 529, ensuring high visibility and significant traffic flow. The space is situated directly across from a large residential community, providing a built-in customer base. The building, constructed in 2006, is a single-story, 9,100 square foot structure comprised of six suites, offering a Class C commercial environment. Currently fully built out as a lash studio, this versatile space is ideal for a variety of uses, including medical offices, beauty studios, spas, or other retail businesses. The lease rate is $1.25 per square foot per month, plus NNN charges. This represents a reasonable market rent considering the high demand location and its proximity to major highways and amenities. The property sits on 0.69 acres of land and offers excellent growth potential within a rapidly developing area. Don't miss this opportunity to establish your business in a thriving Houston neighborhood. The property is part of a larger shopping center with complementary businesses, further enhancing foot traffic and visibility.

Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 2019
Total area 31,450 SF
Lot 2.44 ac (106,286 SF)
Zoning code 02 - SINGLE RESIDENCE
APN 564801 73.15-1-25.1
UPID US63-4196729

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

283 N Main St Warsaw, NY 14569
Warsaw metro Census 970500
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$845k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$845k

Owner & transaction history

since 2019
2 recorded transactions
2019
Price N/A
2019
$263,000

Zoning & alternative use

02 - SINGLE RESIDENCE · Warsaw, NY

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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