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    6880 Telephone Rd Houston, TX 77061

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    For Sale
    $1,900,000

    Cash-flowing retail center near Hobby Airport with high traffic.

    Property size:
    16,000 SF
    Lot size:
    0.84 Acres

    Property Features for 6880 Telephone Rd

    General Information

    Size
    16,000 SF
    Lot size
    0.84 Acres

    Source: Keller Williams Realty - Memorial Agent Melanne Carpenter

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

    Overview

    Fully Leased Retail Investment Opportunity

    Tamar Plaza is a neighborhood strip center encompassing approximately 16,000 square feet on about 0.84 acres. The property is located in the Hobby Airport corridor, with frontage on Telephone Road, which sees over 34,000 vehicles daily. The property is fully leased to a mix of tenants that provide everyday needs, such as salons, markets, and restaurants. It is positioned as a value-add investment with the opportunity to increase net operating income based on current lease agreements. The property is located one mile from Hobby Airport.
    Insight Report Location Intelligence

    Current Use by Public Records

    Beyond-Fit Sports Fitness Center Barbers & Stylists Salon Barber Shop LM Nails By ... Beauty Salon Climate & Duct Specialists Hvac Contractor ITZ EXPRESS PACK ... Shipping And Mailing Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.2894881
    Latitude
    29.6590875

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    FAQs

    What type of property is this?
    Strip mall - Cash-flowing retail center near Hobby Airport with high traffic.
    Where is this strip mall located?
    The property is located at 6880 Telephone Rd Houston, TX.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: - 100% Leased: Provides immediate income and cash flow.; - High Traffic Location: Situated on Telephone Road with over 34,000 vehicles passing daily.; - Value Add Opportunity: Potential to increase Net Operating Income (NOI) based on current lease agreements.
    (832) 720-5626
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    Houston, TX 77061
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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
    6880 Telephone Rd Houston, TX 77061
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