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    550 Fm 1959 Rd Houston, TX 77034

    For Sale
    $2,100,000

    Thriving shopping center off I-45 with multiple income streams.

    Property size:
    9,110 SF
    Lot size:
    0.84 Acres

    Property Features for 550 Fm 1959 Rd

    General Information

    Size
    9,110 SF
    Lot size
    0.84 Acres

    Source: UTR TEXAS, REALTORS Agent Juan Ramos

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    High-Traffic Shopping Center Investment

    This shopping center, strategically positioned off I-45 and Galveston Rd, is surrounded by high-density apartment complexes and homes, offering constant drive-by visibility and heavy commuter traffic. The location is suitable for businesses that thrive on convenience and accessibility. The property features a gas station with four pumps and an on-site convenience store. A taco truck with a loyal following draws a lunch crowd and keeps the energy high from day to night. The property also includes an event center that hosts parties every weekend, providing ready-made foot traffic for every other tenant on-site. The property size is 9110 square feet. This income-producing asset is located in a prime location with built-in demand.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pupuseria Crusita Food Producer Abby’s banquet hall#2 Event Venue Taqueria la Poblanita ... Mexican Restaurant Discount Auto Repairs ... Auto Repair Shop DKCHE TACOS Y ... Taco Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Daycare Center Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Ellington Park Plaza

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.1800703
    Latitude
    29.5950604

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    FAQs

    What type of property is this?
    Shopping center - Thriving shopping center off I-45 with multiple income streams.
    Where is this shopping center located?
    The property is located at 550 Fm 1959 Rd Houston, TX.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: - High-traffic location off I-45 and Galveston Rd, ensuring constant visibility and accessibility.; - Existing gas station with **4 pumps and convenience store provides steady income and customer draw.**; - On-site event center generates significant weekend foot traffic for all tenants.
    (713) 480-2440
    Request Owner's contact information
    550 Fm 1959 Rd Houston, TX 77034
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    Houston, TX 77034
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    550 Fm 1959 Rd Houston, TX 77034
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