Vacant C-Store with Gas Station $300K+ near Houston Texas

Gas Station

Vacant C-Store with Gas Station near Houston, Texas.

For Sale

Price$347,500 – starting bid $300,000
Price/SF$144.79
Sale TypeInvestment OR Owner/User
Status Active
On Market Currently
Last Updated Nov 27, 2017
Update

Building

Type2 Star Retail Convenience Store
GLA2,400 SF
Stories1
Typical Floor 2,400 SF
Building Ht12′
Dock sNone
Construction Masonry
Year Built 1974
TenancySingle
Owner OccupNo
Parking10 free Surface Spaces are available; Ratio of 4.17/1,000 SF
Frontage110′ on W Sealy St (with 4 curb cuts)109′ on S Hill St (with 1 curb cut)
Taxes$3.27/SF (2017)
Walk Score®Somewhat Walkable (54)
Transit Score®Minimal Transit (0)

Land

Land Acres0.29 AC
Bldg FAR0.19
Land SF12,632 SF
Parcel1235-0113-000
2017 Assessment
Improvements
Land
Total Value
 $231,310
 $26,250
$257,560
 $96.38/SF
 $2.08/SF
$20.39/SF
 Market Conditions
Current
YOY Change

Vacancy Rates

Current Building
0.0%
0.0%
Submarket 1-3 Star
5.4%
0.9%
Market Overall
5.3%
0.5%

NNN Asking Rents Per SF

Submarket 1-3 Star
$15.31
1.0%
Market Overall
$16.60
4.7%

Submarket Leasing Activity

12 Mo. Leased SF
294,809
4.7%
Months on Market
11.9
6.9 mo

Submarket Sales Activity

Current
Prev Year
12 Mo. Sales Volume (Mil.)
$20.3
$33.4
12 Mo. Price Per SF
$265
$227

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