$1,570,000 Last Listed Price
●
Land -
Off Market
13710 County Road 48/ Airline Rd S
Rosharon, TX 77583
Studio
0 Bath
$7,943
Est. Monthly
$167
HOA / Fees
About This Property
Price Reduced! Price Reduced!
Situated just fifteen minutes south of the bustling city of Pearland and mere minutes east of Highway 288, this property is conveniently located within 1.5 miles of Schlumberger at 14910 Airline Rd S, Rosharon, TX 77583. Nestled in the vicinity of the established industrial sites of Schlumberger and the ongoing build-out of Maxter Healthcare, this lot holds immense potential for a variety of purposes, from owner use to investment ventures in industrial, warehousing, or commercial-residential development. The property comes equipped with essential utilities, including electricity, well, and a septic tank. Has a small warehouse on this lot. Selling a lot Tract "A".
Situated just fifteen minutes south of the bustling city of Pearland and mere minutes east of Highway 288, this property is conveniently located within 1.5 miles of Schlumberger at 14910 Airline Rd S, Rosharon, TX 77583. Nestled in the vicinity of the established industrial sites of Schlumberger and the ongoing build-out of Maxter Healthcare, this lot holds immense potential for a variety of purposes, from owner use to investment ventures in industrial, warehousing, or commercial-residential development. The property comes equipped with essential utilities, including electricity, well, and a septic tank. Has a small warehouse on this lot. Selling a lot Tract "A".
Unit Size
-
Days on Market
-
Land Size
21.25 acres
Price per sqft
-
Property Type
Land
Property Taxes
$66
HOA Dues
$167
Year Built
1997
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (HAR #50132787)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 16, 2024 | Sold | ||
| Sold | |||
| Jan 20, 2024 | In contract | - | |
| In contract | |||
| Jan 12, 2024 | No longer available | - | |
| No longer available | |||
| Jan 11, 2024 | Listed by Alpha, REALTORS | $1,570,000 | |
| Listed by Alpha, REALTORS | |||
| | |||
|
Price Reduced! Price Reduced!
Situated just fifteen minutes south of the bustling city of Pearland and mere minutes east of Highway 288, this property is conveniently located within 1.5 miles of Schlumberger at 14910 Airline Rd S, Rosharon, TX 77583. Nestled in the vicinity of the established industrial sites of Schlumberger and the ongoing build-out of Maxter Healthcare, this lot holds immense potential for a variety of purposes, from owner use to investment ventures in industrial, warehousing, or commercial-residential development. The property comes equipped with essential utilities, including electricity, well, and a septic tank. Has a small warehouse on this lot. Selling a lot Tract "A".
| |||
| Aug 24, 2023 | Listed by Alpha, REALTORS | $1,572,605 | |
| Listed by Alpha, REALTORS | |||
| | |||
|
Price Reduced! Price Reduced!
Situated just fifteen minutes south of the bustling city of Pearland and mere minutes east of Highway 288, this property is conveniently located within 1.5 miles of Schlumberger at 14910 Airline Rd S, Rosharon, TX 77583. Nestled in the vicinity of the established industrial sites of Schlumberger and the ongoing build-out of Maxter Healthcare, this lot holds immense potential for a variety of purposes, from owner use to investment ventures in industrial, warehousing, or commercial-residential development. The property comes equipped with essential utilities, including electricity, well, and a septic tank. Has a small warehouse on this lot. Selling a lot Tract "A".
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Jane NgaDung Nguyen, Alpha, REALTORS
Last Updated: 4 months ago
Data Source: HAR , MLS# 50132787
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Last Updated: 4 months ago
Data Source: HAR , MLS# 50132787
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