722 Durham Dr
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722 Durham Dr
1,650 SF Retail Building Houston, TX 77007 $999,999 ($606/SF)
Investment Highlights
- Heavy daytime foot traffic around area, plus metro bus stop across the street
- Gated private parking
- Open building with exposed brick plus remodeled studio/office
Executive Summary
Prime location on Durham Drive with approx 101 feet of frontage and fantastic opportunity for retail, business, office, entertainment, restaurants, and more. Nearby other retail locations with lots of foot traffic. Property can accommodate 10+ parking spaces, including parking spaces off Durham plus a gated entry off Rose Street for private parking. The right side of the building is empty shell, and the left side of the building was remodeled in 2018 as a studio/office with kitchen and full bathroom.
Taxes & Operating Expenses (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$9,963
|
$6.04
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$9,963
|
$6.04
|
Taxes & Operating Expenses (Actual - 2023)
| Taxes | |
|---|---|
| Annual | $9,963 |
| Annual Per SF | $6.04 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $9,963 |
| Annual Per SF | $6.04 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
1,650 SF
Year Built
1972
Price
$999,999
Price Per SF
$606
Tenancy
Single
Building Height
1 Story
Building FAR
0.34
Lot Size
0.11 AC
Zoning
Commercial - Currently zoned for retail use
Parking
12 Spaces (7.27 Spaces per 1,000 SF Leased)
Frontage
101 FT on Durham Dr
Amenities
- 24 Hour Access
- Bus Line
- Corner Lot
- Courtyard
- Fenced Lot
Walk Score®
Walker's Paradise (90)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 0072160000007 | Total Assessment | $494,510 |
| Land Assessment | $375,000 | Annual Taxes | $9,963 ($6.04/SF) |
| Improvements Assessment | $119,510 | Tax Year | 2023 Payable 2023 |
PROPERTY TAXES
Parcel Number
0072160000007
Land Assessment
$375,000
Improvements Assessment
$119,510
Total Assessment
$494,510
Annual Taxes
$9,963 ($6.04/SF)
Tax Year
2023 Payable 2023
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722 Durham Dr
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