10601 Martin Luther King Blvd - Freestanding FOR SALE


Houston, TX 77048- South Acres-Crestmont Park
$599,000 USD
832-419-9610
10601 Martin Luther King Blvd, Houston, TX for Sale
$599,000 USD
Freestanding - FOR SALE
1/11
null | Request Cap Rate

10601 Martin Luther King Blvd
Houston, TX 77048
South Acres-Crestmont Park


HIGHLIGHTS

  • Transferable Beer and Wine License.
  • Corner lot on very busy intersection (Airport and MLK Blvd.)
  • West of Hobby Airport.

OVERVIEW

This rare opportunity allows savvy investors to expand their portfolio with this stratigically located hard corner lot. -Transferable beer and wine license -Located on a large corner lot on Martin Luther king Blvd and Airport Blvd -Boasts direct frontage (138 LF) to Airport Boulevard with exposure to ~9,000 passing vehicles each day -Boasts direct frontage (120 LF) to MLK Boulevard with exposure to ~14,000 passing vehicles each day -Located west of Hobby Airport -Very busy intersection Feasibility study report completed in 2021 with projected volume and sales. Phase II Environmental Site Assessment Report completed in 2021 (Clean)

FOR SALE DETAILS

PRICE

$599,000 USD

PRICE/SF

$342 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Martin Luther King- Gas Station

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Repair, Service Station, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

None

APN/PARCEL ID

0913750000009

ASK ABOUT THIS PROPERTY

Atif HarizKW Commercial MetropolitanMore Info
832-419-9610

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Atif HarizKW Commercial MetropolitanMore Info
832-419-9610

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.