Property profile

5822 Martin Luther King Blvd Houston, TX 77021

OFF-MARKET
Strip malls
Property ID
US82-1045951
8,448 SF 0.69 ac lot Built 1960
Entity Owned 13-yr Hold Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1960
Construction WOOD FRAME
Total area 8,448 SF
Lot 0.69 ac (30,056 SF)
APN 460360000056
UPID US82-1045951

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
  • Hotel & Motel Resort

Location

5822 Martin Luther King Blvd Houston, TX 77021-3613
Houston metro Census 313400 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$445k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2012
6 recorded transactions
2018
Price N/A
2012
Price N/A
2011
Price N/A
2003
Price N/A
2001
Price N/A
1969
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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