7112 Lyons Ave Houston, TX 77020-5361
- Medical offices
- 3,811 SF
- 0.26 lot acres
Current Use by Public Records
- Medical Center East Clinic / Medical Center / Family Practice Physician
- Lake Forest Medical Clinic / Medical Clinic
- 7112 Lyons Ave LLC / Medical Clinic
- Tse Edward K MD / Internist
Property Details for 7112 Lyons Ave
- Year built
- 1960
- Construction
- BRICK
- Lot size
- 0.26 lot acres
- Property size
- 3,811 SF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 182710010004
- APU
- 182710010004
Description
This exceptional investment opportunity presents two buildings totaling 3,117 square feet on a 0.31-acre lot at 7112 Lyons Avenue, Houston, TX 77020. The property, originally constructed in 1960, comprises a former 2,517 square foot medical office building and a 600 square foot single-occupancy retail space. Currently vacant, this Class C property offers significant redevelopment potential or immediate occupancy for a variety of uses, including retail, office, or medical. Its strategic location boasts high visibility, with frontage on a high-traffic avenue and close proximity (less than 0.2 miles) to the I-10 East Freeway, ensuring substantial exposure to both pedestrian and vehicular traffic. The property features a 140-foot wide frontage on Lyons Avenue and two curb cuts for enhanced accessibility. The asking price is $550,000. This presents a compelling opportunity in a rapidly developing neighborhood with increasing demand for commercial space. The property's APN is 0182710010004
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $295,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $435,000
- 6.5%
- $455,000
- 7%
- $465,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $455,000
- Geo Method
- $415,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $490,000
- Retail
- $355,000
- Mixed-Use
- $460,000
- Hospitality
- $355,000
- Educational
- $380,000
- Residential Income
- $360,000
- Energy
- $435,000
- Income-Based Land
- $415,000
- Food Service
- $485,000
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.2981
- Latitude
- 29.7764
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
