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34082903
34082897

2623 Berry Road, Houston, TX 77093

Vive Realty
Listed by Vive Realty
$315,000
5 days on market
Updated 5 days ago

2623 Berry Road

Details
Property Type Retail
Square Footage 3,321
Cap Rate 9.39%
NOI $29,567
Occupancy 100%
Tenancy Single
Lease Type Gross
Lease Term 2
Lease Expiration 12/31/2026
Remaining Term 0.5
Rent Bumps No
Price per SqFt $95
Class C
Year Built 1951
Year Renovated 2019
Lot Size (SqFt) 10,000
Zoning N.A
Lease Commencement 03/01/2019
Ground Lease No

Retail | 9.39% CAP | 3,321 SqFt

Investment highlights

Corner-lot commercial property currently operating as an auto mechanic shop with a tenant paying $3,000/month. The site features two covered service bays, two ground-level roll-up doors, and a fully fenced yard with ample space for parking and storage. The building includes a dedicated office with a private bathroom, plus an additional restroom for warehouse/shop employees. A separate metal building on-site is used for car paint services, adding versatility for automotive or light industrial operations.

Highlights:

Corner lot with strong visibility and access

Fully fenced property with secure yard space

Two ground-level roll-up doors & two covered service bays

Office with private restroom + separate employee restroom

Spacious interior currently used for storage

Additional metal building for car painting or specialty use

Stable tenant income of $3,000/month

Listing Contacts

Vive Realty
Listed by Vive Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$29,567.00
$2,463.92/mo

Valuation Metrics

0
DSCR
9.39%
Cap Rate
9.39%
ROI

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Additional Information

Name
William Puentes
License
652123
Brokerage
Vive Realty
Brokerage Phone
832-875-3735
Title
Real Estate Associate
Brokerage Address
2850 Fannin Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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