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6328 Martin Luther King Jr blvd

3,920 SF 100% Leased Flex Building Houston, TX 77021 $870,000 ($222/SF)

Investment Highlights

  • Huge lot
  • Near Gas Stations
  • Near Highway

Executive Summary

Property Highlights:
• Ideal location for a fast food restaurant or other retail business
• Excellent access to both Yellowstone Blvd and Martin Luther King Jr. Blvd, providing high visibility and traffic
• Existing building on the property is currently leased, providing cash flow to hold now and develop later
• Situated in a busy area with significant foot and vehicle traffic
• Ample space for parking and drive-thru setup
Features:
• Large lot size allowing for versatile building designs
• Proximity to schools, residential areas, and other commercial establishments
• Zoned for commercial use

Property Facts

Price $870,000
Price Per SF $222
Sale Type Investment
Property Type Flex
Property Subtype
Light Manufacturing
  • Industrial Warehouse
Building Class C
Lot Size 1.37 AC
Rentable Building Area 3,920 SF
No. Stories 1
Year Built 1960
Opportunity Zone Yes

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0460360000306
  • 0460360000075
Land Assessment
$798,810
Improvements Assessment
$243,989
Total Assessment
$1,042,799
  • Listing ID: 31833739

  • Date on Market: 5/16/2024

  • Last Updated:

  • Address: 6328 Martin Luther King Jr blvd, Houston, TX 77021

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