2420 KARBACH ST

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2420 KARBACH ST

HOUSTON, TX 77092-8006
Asking Price
$600K
Asset Type
Commercial Land
Class
Class B

What's Special

Freestanding 3,746 SF Building on 13,000 SF Lot | Office Conversion Opportunity Offered @ $133/SF <h3>Below Replacement Cost Acquisition</h3><p>Acquire a 3,746 SF freestanding building at approximately $160/SF, significantly below the cost of developing a comparable building in today's market.</p><h3>Office Conversion & Adaptive Reuse Potential</h3><p>Currently improved as a residential property, the existing layout may provide a strong foundation for future conversion to professional office or other commercial uses, subject to buyer due diligence, zoning requirements, and any necessary gove

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NOI
$80,000
Cap Rate
13.33%
DSCR
2.25
Strong
Cash-on-Cash
24.66%
Monthly Payment
$2,968.423
Annual Cash Flow
$44,378.922

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