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1605 West 34th Street
Houston, TX 77018
Asking Price
$4.80M
Asset Type
Storefront Retail
Class
Class B
What's Special
±2.45 Acres with 11,000 SF Building | Garden Oaks Neighborhood <p>• ±2.45 AC site situated in the highly sought-after Garden Oaks neighborhood</p><p>• Rare covered land opportunity featuring an existing ±11,000 SF building on ±2.45 AC – Ideal for expansion, redevelopment, or additional parking</p><p>• Fully equipped with all utilities available including existing water, sewer, drainage, gas, AT&T, Comcast & Xfinity</p><p>• Convenient access to the 610 Loop, US 290, and I-45</p>
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NOI
$80,000
Cap Rate
1.67%
DSCR
0.28
Underwater
Cash-on-Cash
-14.24%
Monthly Payment
$23,760.1
Annual Cash Flow
$-205,121.202
