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Property profile & analytics
OFF-MARKET
Skating rinks

519 Oak St Highlands, TX 77562-2847

4,494 SF 1.26 ac lot Built 1970
Individually Owned 14-yr Hold Absentee Owner Free & Clear
Property ID
US82-5321915
Property summary
AI-generated overview

This exceptional commercial property, located at 519 Oak Street in Highlands, Texas (zip code 77562, Harris County), presents a unique redevelopment opportunity. The 1.26-acre lot features a single-story, 4,494 square foot building constructed in 1970. The property boasts a strategic corner location in the unincorporated Highlands area, offering high visibility and accessibility. Its advantageous position backs up to an elementary school and is adjacent to residential properties, providing a built-in customer base. A recently constructed gas station across the street further enhances the property's commercial appeal. The asking price is $229,900, translating to $51.16 per square foot and $182,622 per acre. The property's APN is 0572690000184. A significant advantage is the presence of an approximately 80 x 130 foot stabilized base located behind the existing building. This property is classified as Retail and Land, with a single tenancy. The property falls within the CG - Outer Southeast North submarket. This presents a compelling investment opportunity for those seeking to capitalize on the area's growth potential.

Property profile
Verified
Property type Skating rinks
Use group SKATING RINK, ICE SKATING, ROLLER SKATING
Year built 1970
Construction WOOD FRAME
Total area 4,494 SF
Lot 1.26 ac (54,838 SF)
APN 572690000184
UPID US82-5321915
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
MCDOW THOMAS LADONYA ROLLER RINK
MCDOW THOMAS LADONYA ROLLER RINK
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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