9
Map
$556,000 Last Listed Price
●
Land -
Off Market
789 Davidson Street
Houston, TX 77091
Studio
0 Bath
$3,691
Est. Monthly
About This Property
Move-in ready industrial free-standing warehouse is fully insulated
and sheetrocked. It has a clear span interior with 16 ft
ceilings, lighting throughout, two grade-level overhead roll-up
doors, 200 amp power, a paved parking lot, water, sewer, and a
restroom. Located on a large fenced-in lot with flexibility
to accommodate multiple uses such as storage, retail, offices,
event space, divided, future re-development, or other. The
lot spans the depth of one block giving the option of two street
addresses (788 W. Tidwell Rd. or 789 Davidson St.), whereby
providing accessibility to the property from either street.
Surrounded by a bustling of various shops, restaurants, new developments; and neighborhoods undergoing revitalization such as Oak Forest/Garden Oaks, Independence Heights, and Acres Homes. Quick access to I-45, Downtown, Hobby Airport, and Bush Intercontinental Airport.
Surrounded by a bustling of various shops, restaurants, new developments; and neighborhoods undergoing revitalization such as Oak Forest/Garden Oaks, Independence Heights, and Acres Homes. Quick access to I-45, Downtown, Hobby Airport, and Bush Intercontinental Airport.
Unit Size
-
Days on Market
-
Land Size
0.50 acres
Price per sqft
-
Property Type
Land
Property Taxes
$960
HOA Dues
-
Year Built
2008
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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: 8 months ago (HAR #82559590)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 14, 2024 | Sold | ||
| Sold | |||
| Jan 4, 2024 | In contract | - | |
| In contract | |||
| Dec 10, 2023 | Listed by PRG, Realtors | $556,000 | |
| Listed by PRG, Realtors | |||
| | |||
|
Move-in ready industrial free-standing warehouse is fully insulated and sheetrocked. It has a clear span interior with 16 ft ceilings, lighting throughout, two grade-level overhead roll-up doors, 200 amp power, a paved parking lot, water, sewer, and a restroom. Located on a large fenced-in lot with flexibility to accommodate multiple uses such as storage, retail, offices, event space, divided, future re-development, or other. The lot spans the depth of one block giving the option of two street addresses (788 W. Tidwell Rd. or 789 Davidson St.), whereby providing accessibility to the property from either street.
Surrounded by a bustling of various shops, restaurants, new developments; and neighborhoods undergoing revitalization such as Oak Forest/Garden Oaks, Independence Heights, and Acres Homes. Quick access to I-45, Downtown, Hobby Airport, and Bush Intercontinental Airport.
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About North Houston
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Listed by: Sharon Harris, PRG, Realtors
Last Updated: 8 months ago
Data Source: HAR , MLS# 82559590
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Last Updated: 8 months ago
Data Source: HAR , MLS# 82559590
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