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
| MLS # | 37132782 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 11 |
| Listing Provided By | McAlister Real Estate | Charles Wyatt |
| Acreage | 0.89 |
|---|
| Lot Features | Corner Lot |
|---|
| Tax Annual Amount | 14416 |
|---|
| Community Features | Curbs, Gutters |
|---|
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77067 |
| Area | 13 |
| Subarea | 1960 | Cypress Creek South |
| Community Name | Rushwood Sec 01 |
| Listing VS Median (in Rushwood Sec 01) | |
Price: $370,000 low | high Med: $214,990 On site: 11 low | high Med: 29 | |
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77067 |
| Area | 13 |
| Subarea | 1960 | Cypress Creek South |
| Community Name | Rushwood Sec 01 |
| Listing VS Median (in Rushwood Sec 01) | |
Price: $370,000 low | high Med: $214,990 On site: 11 low | high Med: 29 | |