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Property profile & analytics
OFF-MARKET Estimated value $745,000
Automotive properties

8650 Gulf Fwy Houston, TX 77017-5702

8,124 SF 2.02 ac lot Built 1985
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-3470814
Property summary
AI-generated overview

This exceptional 8,200-square-foot auto shop, situated on an 87,982-square-foot lot in Houston, Texas, presents a remarkable investment opportunity. Built in 1985 and renovated in 2012, this single-tenant property boasts two buildings, each one story high, and is zoned for commercial use. The property features a 6,760-square-foot main building and a 1,440-square-foot metal garage, offering ample space for various automotive operations. The well-equipped facility includes six interior and two exterior vehicle lifts, covered areas for body work and detailing, a secure safe room, and multiple offices including a glass-enclosed manager's office and executive office with attached reception area. Additional amenities include two kitchens, a service team bathroom, a service office, and a dedicated service entrance with parking for 30 vehicles. The property is fully fenced with two gates, ensuring security and control. Its location on the Gulf Freeway access road between Monroe Road and Airport Boulevard provides exceptional visibility and easy access to major thoroughfares, placing it within a high-traffic area near Hobby Airport and other major auto dealerships. The property is currently vacant and move-in ready. All information should be independently verified.

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1985
Construction METAL FRAME
Total area 8,124 SF
Lot 2.02 ac (87,982 SF)
APN 642150000016
UPID US82-3470814
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
Current use
Occupant on record · Public records
  • SS Motor Cars Car Dealership
  • MN Auto Finance Company - South Car Dealership
  • Sales E-Z Terms Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$475k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.02M
Blend (final) Blend
$745k
Owner & transaction history
8650 Gulf LLC · 5 yrs held
8650 Gulf LLC
since 2020
7 recorded transactions
2020
Price N/A
2019
Price N/A
2012
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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