10601 Martin Luther King Blvd - Freestanding FOR SALE


Houston, TX 77048- South Acres-Crestmont Park
$569,000 USD
832-419-9610
10601 Martin Luther King Blvd, Houston, TX for Sale
$569,000 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. (THE COMMING SOON SIGN IS OLD AND THERE IS NO SALE PENDING) -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

$569,000 USD

PRICE/SF

$325 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Martin Luther King- Vacant Lot

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

-

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

None

APN/PARCEL ID

0913750000009

ASK ABOUT THIS PROPERTY

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832-419-9610

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Atif HarizKW Commercial MetropolitanMore Info
832-419-9610

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