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    23692 Highway 59 North Humble, TX 77339

    For Sale
    Contact for pricing

    Multi-tenant retail property in North Houston with highway frontage.

    Property size:
    6,600 SF

    Property Features for 23692 Highway 59 North

    General Information

    Size
    6,600 SF

    Building Details

    Year built
    2014

    Source: Chase Cribbs, SIOR Agent Chase Cribbs, SIOR

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

    Overview

    Highway Frontage Retail Investment Property

    This multi-tenant investment property is located in North Houston. Constructed in 2014 and renovated in 2021, this Class A building offers approximately 6,600 square feet of space. It features approximately 211 feet of frontage on Highway 59. The property is currently NNN leased. Tenant leases expire as follows: The Draft (3,800 SF) on May 31, 2028, and a medical tenant (2,800 SF) on January 31, 2027. The surrounding area has a population of approximately 127,502 within a 5-mile radius.
    Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Humble
    County
    Harris
    State
    Texas
    Longitude
    -95.247972
    Latitude
    30.063574

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    FAQs

    What type of property is this?
    Strip mall - Multi-tenant retail property in North Houston with highway frontage.
    Where is this strip mall located?
    The property is located at 23692 Highway 59 North Humble, TX.
    What are key features of this property?
    This property features: - Multi-tenant NNN leased investment property; - **Class A building renovated in 2021**; - Located in North Houston with ±211’ frontage on Highway 59
    (832) 489-2602
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    Humble, TX 77339
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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
    23692 Highway 59 North Humble, TX 77339
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