Storefront Property with
For Sale
Contact for pricing
10450 COSSEY RD, Houston, TX 77070
Commercial building with substantial land area for operations, parking, storage, or redevelopment.
Property Size3,760 SF
Lot Size1.53 Acres
Price / SF$259.31
Days on Market9
Property Features for 10450 COSSEY RD
General Information
Standard status
Active
Size
3,760 SF
Lot size
1.53 Acres
Property subtype
Retail
Additional Details
Land Use
commercial
Building Details
Buildings
1
Listing Agency:
O'Hara & Co Real Estate
Listed By:
Kevin Ohara · License #TX 401500
Source:
Crexi
Added: Sep 2
Changed: Sep 9
Last Checked: Sep 10 at 7:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of O'Hara & Co Real Estate
Investment Insights
Based on property information with market context.
This storefront property includes a 3,760-square-foot commercial building on approximately 1.53 acres, or 66,542 square feet, creating a combination of enclosed space and sizable land area. The parcel can accommodate business operations, parking, storage, expansion, or redevelopment, as supported by the property configuration.
Located at 10450 Cossey Road in Northwest Houston, the property offers access to major roadways and a visible, accessible setting within an established commercial area. The balance of building and land provides flexibility for an owner-user, investor, or business requiring additional operational space.
Located at 10450 Cossey Road in Northwest Houston, the property offers access to major roadways and a visible, accessible setting within an established commercial area. The balance of building and land provides flexibility for an owner-user, investor, or business requiring additional operational space.
Key Highlights
- 3,760 SF commercial building
- Approximately 1.53 acres, or 66,542 SF, of land
- Storefront property at 10450 Cossey Rd, Houston, TX
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$50,984
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,019,680
$1.0M
Cap Rate 7%
$728,343
$728.3K
Cap Rate 9%
$566,489
$566.5K
Market Conditions
NOI Build-Up for 3,760 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$77.2K $20.52/SF
− Vacancy
−$4.3K −$1.15/SF
EGI
$72.8K $19.37/SF
− OpEx
−$21.9K −$5.81/SF
NOI
$51.0K $13.56/SF
Area
Houston, TX
Vacancy
5.60%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,019,680
Cap Rate 7%
$728,343
Cap Rate 9%
$566,489
Alternative Uses
Best Use
Retail
$728.3K
$637.3K – $849.7K
NOI $50,984 @ 7.0% cap · market cap 5.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$966.9K
$846.0K – $1.13M
NOI $67,680 @ 7.0% cap · market cap 6.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
437
Businesses Nearby
202k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 38%
Dining 37%
Groceries 16%
Apparel 7%
Spec's
Groceries
21,728 visits/mo
0.3 miles
Lupe Tortilla
Dining
21,143 visits/mo
0.4 miles
Circle K
Shops & Services
20,526 visits/mo
0.3 miles
Petco
Shops & Services
14,374 visits/mo
0.5 miles
Mobil
Shops & Services
13,523 visits/mo
0.5 miles
Demographics for 77070, TX
52,943
Population
23,272
Households
2.3
Avg Household Size
36
Median Age
38%
College-Educated
91%
High-School Grad
13.0 sq mi
ZIP Area
4,073
Density / Sq Mi
$72,440
Median Household Income
$44,073
Median Earnings
$1,571
Median Rent
$264,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Houston, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Commercial building with substantial land area for operations, parking, storage, or redevelopment.
Where is this storefront property located?
The property is located at 10450 COSSEY RD Houston, TX.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 3,760 SF commercial building; Approximately 1.53 acres, or 66,542 SF, of land; Storefront property at 10450 Cossey Rd, Houston, TX
