3701 Alabama StHouston, TX 77027

Property Details for 3701 Alabama St

Year built

1970

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.41 AC

Property size (Sq ft)

35,928 SF

Property type

Retail properties

Property subtype

Strip malls

APN

410170020282

APU

410170020282

Description

This exceptional two-story medical office building, located at 3701 W Alabama St, Houston, TX 77027, offers a single suite for lease. The suite, number 390, comprises 1,380 square feet of well-maintained space, ideal for a variety of medical or office uses. The building features convenient access via Timmons Ln. The property is situated in a thriving Houston neighborhood, providing excellent visibility and accessibility for patients and clients. The building is equipped with elevators for easy access to the second floor. The minimum leasable space is 1,380 square feet, and this is also the maximum contiguous space available in this particular suite. This presents a unique opportunity for a medical practice or office seeking a move-in ready space in a desirable location. The property type is classified as both retail and office, making it versatile for a range of businesses. The building's multi-tenant structure offers a collaborative environment. This suite is ready for immediate occupancy. Interested parties are encouraged to inquire further for detailed specifications and lease terms. The property's location offers easy access to major thoroughfares and ample parking. This is a rare opportunity to secure a well-located, functional space in a competitive market. Don't miss out on this chance to establish your business in a prime Houston location.

• CAP approach

  CAP return

  Valuation

  6%

  $10,816,428

  6.5%

  $9,984,395

  7%

  $9,271,224

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,382,440

  Geo Method

  $27,106,340

• Alternative Use

  Use

  Valuation

  Residential

  $8,422,211

  Hospitality

  $7,714,700

  Educational

  $6,418,540

  Medical

  $6,639,283

  Retail

  $9,984,395

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.7377

Longitude

-95.4372

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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