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$370,000
37132782 MLS ACTIVE Status
• Value-add opportunity priced to sell — well below replacement cost at just $74/SF • 5,400 SF commercial building on 0.89 acres (38,960 SF lot) • Former daycare center with existing layout and parking infrastructure • Full remodel needed — blank canvas for buyer's vision • Flexible layout supports multiple uses: daycare, church, auto parts, retail, or office • Excellent frontage and signage visibility on Walters Rd • Convenient access to I-45 and Veterans Memorial Drive • Strong lot-to-building ratio with room for expansion or additional parking • Total assessed value $522,339 vs. list price — significant equity margin • North Houston submarket experiencing rapid residential and commercial growth

11526 Walters Rd, Houston

$850,000
84348731 MLS ACTIVE Status
The property consists of 2.81 acres; however, there is an existing detention pond for the current development already in place. Combined with the detention requirements for the new development, the total detention area comes to approximately 0.60 acres. The net usable property that can be marketed and sold is approximately 2.20 acres, while the remaining portion can continue to be utilized for detention purposes. The property has water, sewer, electric, and gas utilities already onsite through MUD 150 Utility District. Essentially, this is a pad-ready site for development. The property is located in Harris County and is non-restricted, allowing for either commercial or residential development. The area surrounding the location is a thriving with businesses such as CVS, Gas Stations, Washeteria, grocery stores, restaurants and walking distance to Claughton Middle School.

11966 Walters Rd, Houston