8928 Homestead Rd, Houston, TX 77016

$320,000

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List Price
$320,000
Status
ACTIVE
MLS#
73867060
Days on Market
299
Lot Size
10,790
Lot Size Source
Appraiser
Subdivision
Barclay Place Sec 01
Region
2
Market Area
Northeast Houston
County
Harris

Property Description

Great investment opportunity in a prime location offering high visibility & accessibility near I-69, 610 Loop & Downtown Houston! The 2,200 sq ft warehouse has a concrete base & a built-in 2-story modular office with window a/c units & a restroom. The fenced ¼-acre storage lot is 166 feet deep with a gated driveway, 6,351 sq ft paved parking & 65 feet of Homestead Road frontage. The current auto repair shop benefits from a stable & growing industry, a favorable market with high customer potential due to Houston's expanding population, & a stable location that offers less capital tied up in inventory, predictable hours, & potential for adaptation to new technologies like electric vehicles. Houston's growing population creates a favorable market for a large customer base. Property ownership offers stability, security, & control for expansion & renovations. Showings after 4 pm Monday - Friday, & weekends require 24-hour advance notice. Located 5 miles from 610 & 7 miles from I-69.

Additional Information

Finance Available
Cash, Conventional
Taxes
$4,910
Neighborhood
Northeast Houston
Utilities
Electricity Available
Lot Description
Cleared, Open Lot, Other
School District
Houston
Elementary School
Shadydale Elementary
Middle School
Forest Brook Middle School
High School
North Forest High School

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Metropolitan.