$495,000 Last Listed Price
●
Land -
Off Market
7920 Harrisburg Boulevard
Houston, TX 77012
Studio
0 Bath
$493,159
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
PRIME LOCATION for a business serving the Port of Houston, less
than two blocks away. An almost half-acre vacant commercial lot
with 150' frontage and 140' depth, this land would easily
accommodate a steel building for any number of maritime industries
that serve the Port of Houston.
LOCATION: PRIME HALF-ACRE, vacant commercial land less than two blocks from the Port of Houston. DIMENSIONS: ±140' x 150'. Frontage is 150 feet with one existing curb cut.
TRAFFIC COUNT: Average 14,000 CPD makes this location very viable for a variety retail businesses.
AREA: ±21,000 square feet of vacant commercial land. APN'S: 039, 041, 043. PRIME LOCATION for a business that services the Port of Houston industries: maritime, shipping, machining, metal works, etc.
UTILITIES: Available in the right of way.
LOCATION: PRIME HALF-ACRE, vacant commercial land less than two blocks from the Port of Houston. DIMENSIONS: ±140' x 150'. Frontage is 150 feet with one existing curb cut.
TRAFFIC COUNT: Average 14,000 CPD makes this location very viable for a variety retail businesses.
AREA: ±21,000 square feet of vacant commercial land. APN'S: 039, 041, 043. PRIME LOCATION for a business that services the Port of Houston industries: maritime, shipping, machining, metal works, etc.
UTILITIES: Available in the right of way.
Unit Size
-
Days on Market
-
Land Size
0.48 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1930
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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: 5 months ago (HAR #66340241)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 19, 2023 | Sold | ||
| Sold | |||
| Jul 8, 2023 | Listed by Realty Associates | $495,000 | |
| Listed by Realty Associates | |||
| | |||
|
PRIME LOCATION for a business serving the Port of Houston, less than two blocks away. An almost half-acre vacant commercial lot with 150' frontage and 140' depth, this land would easily accommodate a steel building for any number of maritime industries that serve the Port of Houston.
LOCATION: PRIME HALF-ACRE, vacant commercial land less than two blocks from the Port of Houston. DIMENSIONS: ±140' x 150'. Frontage is 150 feet with one existing curb cut.
TRAFFIC COUNT: Average 14,000 CPD makes this location very viable for a variety retail businesses.
AREA: ±21,000 square feet of vacant commercial land. APN’S: 0252210000039, 0252210000041, 0252210000043. PRIME LOCATION for a business that services the Port of Houston industries: maritime, shipping, machining, metal works, etc.
UTILITIES: Available in the right of way.
| |||
| Jul 14, 2022 | Sold | ||
| Sold | |||
| Oct 11, 2021 | Listed by Eastwood Realty | $124,888 | |
| Listed by Eastwood Realty | |||
| | |||
|
Become a curator on the future of the East End, with this dynamite oversized lot. Positioned to your advantage along Harrisburg Blvd between Downtown and the shipping channel, you got the need for this deed. A clean canvas ready for your innovative touch, you do not want to delay grabbing this spot today. With the East River HTX project breaking ground, the rest of the area's development goes along with it. The race for more space is underway and Houston is at the forefront, call today so the Eastwood Realty crew can offer exclusive consulting services for making sure you're on the winning side of the race.
| |||
| Mar 7, 2020 | Sold | ||
| Sold | |||
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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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About Eastside
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Listed by: Fausto Nolasco, Realty Associates
Last Updated: 5 months ago
Data Source: HAR , MLS# 66340241
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Last Updated: 5 months ago
Data Source: HAR , MLS# 66340241
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