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    8502 C E King Pkwy Houston, TX 77044

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    For Sale
    $1,000,000

    Income-producing retail and residential property near major Houston thoroughfares.

    Lot size:
    0.78 Acres

    Property Features for 8502 C E King Pkwy

    General Information

    Lot size
    0.78 Acres

    Building Details

    Year built
    1976

    Source: Independence Real Estate, Inc. Agent Ernesto Ramirez

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

    Overview

    Mixed-Use Investment Opportunity

    This mixed-use and multi-family property is located at the corner of C E King Parkway and Ticonderoga Road, featuring 98 feet of frontage on C E King Parkway and 347 feet of frontage on Ticonderoga Road. The location benefits from high visibility, with over 19,340 vehicles per day (TxDOT, 2024). The property includes an apartment building with 2 units, four mobile homes (2 double-wide, 2 single-wide), and a retail center with 3 units. The total building area is 10,128 square feet on a 33,894 square foot lot. The property's layout includes income-producing retail and residential components, making it suitable for investors seeking immediate cash flow. The property offers connectivity to US 90, Beltway 8, Interstate 10, Grand Parkway 99, I-610 Loop, and Interstate 59/69, providing access across the Greater Houston area. The location is near major retailers and approximately 20 minutes from Downtown Houston.
    Insight Report Location Intelligence

    Current Use by Public Records

    Webb Caskets Casket Service Webb Apparatus of Texas ... Fire Department Equipment Supplier

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.213251
    Latitude
    29.846775

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    FAQs

    What type of property is this?
    Mixed-use property - Income-producing retail and residential property near major Houston thoroughfares.
    Where is this mixed-use property located?
    The property is located at 8502 C E King Pkwy Houston, TX.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - Mix-use property with immediate cash flow from retail and residential components.; - High visibility location on the corner of C E King Parkway and Ticonderoga Road with 19,340 vehicles a day.; - Versatile property including an apartment building (2 units), four mobile homes, and a retail center (3 units).
    (713) 459-2222
    Request Owner's contact information
    8502 C E King Pkwy Houston, TX 77044
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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
    8502 C E King Pkwy Houston, TX 77044
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