Technical
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Property profile

3801 Farnham St Houston, TX 77098

OFF-MARKET
Drive through restaurants
Property ID
US82-4136996
1,640 SF 0.73 ac lot Built 1935
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 6,116 square foot commercial property, located in the desirable Upper Kirby District, presents a unique investment opportunity. The single-story building, constructed in 1955, boasts a Class C rating and offers flexible space ideal for creative, medical, or executive offices. Currently, the entire 6,116 square feet is vacant and available for lease, divisible into spaces as small as 1,900 square feet. The building features a 12-foot ceiling height and a total of 58 parking spaces, providing ample convenience for tenants and clients. Its prominent corner location at 3801 Farnham St, with cross streets of Farnham & S Sandman, ensures high visibility and accessibility, enhanced by a pylon sign and four curb cuts leading to the parking lot. Additional street parking is also available. The 0.73-acre lot (31,800 square feet) offers a building floor area ratio (FAR) of 0.19. The property's Harris County APN is 0441810000085. The building's electrical service is 400a/440v 3p. Property taxes are $12.28 per square foot. This is a rare opportunity to acquire a well-located, versatile commercial property with significant potential in a high-traffic area. The zoning is currently unlisted. The building consists of three suites in total.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1935
Construction FRAME
Total area 1,640 SF
Lot 0.73 ac (31,943 SF)
APN 441810000085
UPID US82-4136996

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
  • Restaurant
  • Auto Repair Shop (Bike/Boat/Book/etc) Store
  • Restaurant

Location

3801 Farnham St Houston, TX 77098-4001
Houston metro Census 411003 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$340k

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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