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Martin Luther King- Vacant Lot 10601 Martin Luther King Blvd 1,750 SF Retail Building Houston, TX 77048 $789,431 CAD ($451.10 CAD/SF)
INVESTMENT HIGHLIGHTS
- Transferable Beer and Wine License.
- West of Hobby Airport.
- Corner lot on very busy intersection (Airport and MLK Blvd.)
EXECUTIVE SUMMARY
This rare opportunity allows savvy investors to expand their portfolio with this stratigically located hard corner lot. (THE COMMING SOON SIGN IS OLD AND THERE IS NO SALE PENDING)
-Transferable beer and wine license
-Located on a large corner lot on Martin Luther king Blvd and Airport Blvd
-Boasts direct frontage (138 LF) to Airport Boulevard with exposure to ~9,000 passing vehicles each day
-Boasts direct frontage (120 LF) to MLK Boulevard with exposure to ~14,000 passing vehicles each day
-Located west of Hobby Airport
-Very busy intersection
Feasibility study report completed in 2021 with projected volume and sales.
Phase II Environmental Site Assessment Report completed in 2021 (Clean)
-Transferable beer and wine license
-Located on a large corner lot on Martin Luther king Blvd and Airport Blvd
-Boasts direct frontage (138 LF) to Airport Boulevard with exposure to ~9,000 passing vehicles each day
-Boasts direct frontage (120 LF) to MLK Boulevard with exposure to ~14,000 passing vehicles each day
-Located west of Hobby Airport
-Very busy intersection
Feasibility study report completed in 2021 with projected volume and sales.
Phase II Environmental Site Assessment Report completed in 2021 (Clean)
PROPERTY FACTS
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
1,750 SF
Year Built
1965
Price
$789,431 CAD
Price Per SF
$451.10 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.48 AC
Opportunity Zone
Yes
Zoning
None
Frontage
PROPERTY TAXES
| Parcel Number | 0913750000009 | Improvements Assessment | $91,255 CAD |
| Land Assessment | $349,407 CAD | Total Assessment | $440,662 CAD |
PROPERTY TAXES
Parcel Number
0913750000009
Land Assessment
$349,407 CAD
Improvements Assessment
$91,255 CAD
Total Assessment
$440,662 CAD
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Martin Luther King- Vacant Lot | 10601 Martin Luther King Blvd
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