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Invest in Your Business Future with Our Small 8631 Martin Luther King Jr Blvd 2,912 sq ft 100% Let Retail Property Houston, TX 77033 £261,555 (£89.82/sq ft) 7% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • This property is listed below its appraised value, making it an exceptional investment opportunity you won’t want to miss.
  • More room for improvement or development project.
  • Good entries to Houston central, 610 and i45.

EXECUTIVE SUMMARY

This property is listed below its appraised value, making it an exceptional investment opportunity you won’t want to miss.
We present to you an outstanding investment prospect: a strategically located building that promises both immediate returns and long-term appreciation. This is your chance to step into a lucrative venture in the Southeast Houston, where possibilities abound. There are upside potentials: Capitalize on the neighborhood's upward trajectory with planned developments and infrastructure projects set to enhance property values; Take advantage of the building's potential for future expansion or improvement, adding significant value to your investment.

ATTACHMENTS

Appraised

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Size
2,912 sq ft
Costar Property Class
C
Year Built
1959
Price
£261,555
Price per sq ft
£89.82
Yield
7%
NOI
£18,317
Occupancy Rate
100%
Number of Floors
1
Plot ratio
0.18
Total Plot Size
0.38 ac

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0470560000009
Land Assessment
£161,734
Improvements Assessment
£119,431
Total Assessment
£281,164
  • Listing ID: 30556421

  • Date on Market: 06/01/2024

  • Last Updated:

  • Address: 8631 Martin Luther King Jr Blvd, Houston, TX 77033

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