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 | 75 |
| 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: $325,000 low | high Med: $239,950 On site: 75 low | high Med: 10 | |
| 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: $325,000 low | high Med: $239,950 On site: 75 low | high Med: 10 | |