11526 Walters Rd - Freestanding FOR SALE


Houston, TX 77067
$370,000 USD
11526 Walters Rd, Houston, TX for Sale
$370,000 USD
Freestanding - FOR SALE
1/9
null | Request Cap Rate

11526 Walters Rd
Houston, TX 77067


HIGHLIGHTS

  • Neighborhood Hard Corner
  • Priced at lot value
  • Bones are still good on the building including flooring and brick walls

OVERVIEW

• Value-add opportunity priced to sell — well below replacement cost at just $74/SF • 5,400 SF commercial building on 0.89 acres (38,960 SF lot) • Former daycare center with existing layout and parking infrastructure • Full remodel needed — blank canvas for buyer's vision • Flexible layout supports multiple uses: daycare, church, auto parts, retail, or office • Excellent frontage and signage visibility on Walters Rd • Convenient access to I-45 and Veterans Memorial Drive • Strong lot-to-building ratio with room for expansion or additional parking • Total assessed value $522,339 vs. list price — significant equity margin • North Houston submarket experiencing rapid residential and commercial growth

FOR SALE DETAILS

PRICE

$370,000 USD

PRICE/SF

$69 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

11526 Walters Rd. Houston tx

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Repair, Day Care Center, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

-

APN/PARCEL ID

1069570000019

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Charlie WyattRockspringMore Info

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