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$550,000
Est. payment /mo
6,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $91
MLS Listing ID 215292
Year Built 1978
Lot Size 0.700 Acres
Property Sub-Type Commercial
Property Description
Multi-Tenant value-add retail investment opportunity located just off Ross Clark Circle. The property consists of four freestanding, single-story commercial buildings totaling approximately 6,000 SF. Each building contains approximately 1,500 SF. Three buildings are currently divided into two suites each. The property offers up to 8 potential rentable units, depending on configuration, suitable for a variety of professional offices, retail and service-oriented businesses. Two suites are currently occupied, each paying $900/mo in rent. The property has historically maintained occupancy of up to 7 out of 8 units before owner relocated, offering significant value-add potential through leasing the remaining vacant spaces. Smaller suites have historically rented for approximately $900/month, while full-building configuration offers rental potential of $1,800/mo. At full occupancy, the property offers projected annual gross rental income of $86,400 and a pro forma NOI of $65,788. Recent capital improvements include new exterior siding (2021), roofs (2022) and multiple HVAC replacements (2021–2023). Property is zoned B-2. Conveniently located just off Ross Clark Circle (29,616 VPD, 2025 AADT), near US Hwy 231 S and Prevatt Road. The property is less than one mile from Publix Shopping Center at Cottonwood Corners and approximately 2.5 miles from SE Health Medical Center.
Location
State AL
County Houston
Area Houston
Interior
Equipment Office Equipment Included
Exterior
Garage Spaces 25.0
Waterfront Description No Waterfront
Total Parking Spaces 25
Garage No
Building
Sewer Public Sewer
Water Public, City
Level or Stories 1
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Listed by NAI TALCOR
Nearby Locations
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