Property profile

702 Spencer Hwy South Houston, TX 77587

OFF-MARKET
Automotive properties
Property ID
US82-3066607
4,206 SF 0.94 ac lot Built 2006
Individually Owned 22-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 2006
Construction METAL FRAME
Total area 4,206 SF
Lot 0.94 ac (40,946 SF)
APN 341610210001
UPID US82-3066607

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
  • Car Dealership
  • Financial Advisor

Location

702 Spencer Hwy South Houston, TX 77587-3643
South Houston metro Census 321401 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$395k
CAP Approach CAP
by Request
Comparable Approach Comparable
$799k
Blend (final) Blend
$595k

Owner & transaction history

since 2004
5 recorded transactions
2004
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $950,000 +62.5%
Office building $600,000 +2.8%

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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