3333 Fannin St Houston, TX 77004-2950
- Office buildings
- 95,004 SF
- 1.15 lot acres
Current Use by Public Records
- SEIU / Advocacy Group
- 3333 Fannin St Garage / Parking Lot & Garage
- Prince W. Rolle School of Music / Vocational School / Training Center
- Praise N Motion / Training Center
- L Garza & Associates / Law Firm
Property Details for 3333 Fannin St
- Year built
- 1960
- Construction
- CONCRETE BLOCKS
- Lot size
- 1.15 lot acres
- Property size
- 95,004 SF
- Property type
- Office buildings
- APN
- 191920000001
- APU
- 191920000001
Description
This exceptional 1.478-acre commercial land parcel, located at 3333 Fannin Street in Houston, Texas, presents a unique investment opportunity. Situated in the vibrant Midtown area, this full-block property boasts a 62,634 square foot, two-story building constructed in 1960. Currently occupied by three month-to-month tenants (with 90-day vacate notice) and the owner, the property offers significant potential for redevelopment or continued operation. The building features three HVAC systems (two replaced in 2018), ample street and surface parking, and two additional surface parking lots on the roof. Its high-density location benefits from a large population of nearby apartment residents within a five-minute walk. The property's unique history includes its origins as a Southwestern Bell switching station and later ownership by Uniroyal Tire Company, reflected in its distinctive dark upper-half paint job. The convenient location, surrounded by four city streets, and the substantial building size make this a compelling investment in a thriving Houston neighborhood. Note that the building lacks elevators, utilizing stairs for access between floors. This property is offered at market price.
Value Estimations
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $6,442,000
Market price range: $3.07M - $10.2M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $6,440,000 Current use
- AUTO REPAIR, GARAGE
- $8,865,000 Change: +38% Conversion: Difficult
- RETAIL STORES
- $8,150,000 Change: +26% Conversion: Moderate
- APARTMENT HOUSE (5+ UNITS)
- $7,965,000 Change: +24% Conversion: Easy
- MEDICAL BUILDING
- $6,065,000 Change: -6% Conversion: Easy
- WAREHOUSE, STORAGE
- $5,835,000 Change: -9% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.3765
- Latitude
- 29.7399
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
