Kingwood Retail Building on
22210 Loop 494 Kingwood, TX
For Sale
Contact for pricing
Single-user retail building with ample parking and expansion potential.
Property Size2,160 SF
Lot Size0.99 Acres
Price / SF$277.78
Days on Market960
Property Features for 22210 Loop 494
General Information
- Standard status
- Active
- Size
- 2,160 SF
- Lot size
- 0.99 Acres
- Property subtype
- RETAIL
Listing Agency:
McAlpine Interests
(281) 973-4562
Listed By:
Adam McAlpine · License #600646
(281) 973-4562
Source:
Moodyscre
Added: Dec 8, 2023
Changed: Jul 10
Last Checked: Jul 21 at 4:32AM
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 McAlpine Interests
Investment Insights
Based on property information with market context.
This one-story, single-user retail building, constructed in 1986, offers 2,160 square feet of space on Loop 494 in Kingwood. The property features 102 feet of frontage on Loop 494, which has been recently expanded. It provides convenient access to Hwy 59/I-69 and Kingwood Drive. The building includes an upgraded electrical system, HVAC, restrooms, and emergency and exit lighting. A new AC unit was installed in 2021. There is an additional storage building located at the rear of the property. The site provides abundant parking with 100 spaces, equating to a parking ratio of 10 spaces per 1,000 square feet, and offers the potential for expansion at the back of the property.
Key Highlights
- High visibility with 102 feet of frontage on Loop 494.
- Abundant parking (100 spaces) with expansion potential.
- Upgraded electrical, HVAC, restrooms, and lighting systems.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.3k | $20.52 |
| − Vacancy | −$2.5k | −$1.15 |
| EGI | $41.8k | $19.37 |
| − OpEx | −$12.6k | −$5.81 |
| NOI | $29.3k | $13.56 |
2,160 SF · lease $20.52/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$418.4K
$366.1K – $488.2K
NOI $29,289 @ 7.0% cap · market cap 4.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$555.4K
$486.0K – $648.0K
NOI $38,880 @ 7.0% cap · market cap 6.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
FAQs
What type of property is this?
Storefront property - Single-user retail building with ample parking and expansion potential.
Where is this storefront property located?
The property is located at 22210 Loop 494 Kingwood, TX.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: High visibility with 102 feet of frontage on Loop 494.; Abundant parking (100 spaces) with expansion potential.; Upgraded electrical, HVAC, restrooms, and lighting systems.
