11780 W FM 1960 RD, Houston, TX 77065
1,500 SF retail/office space for sale on FM 1960.
- Added:
- Jan 13, 2023
- Days on Market:
- 1252
- Last Refresh:
- Apr 5 at 8:06 pm
Property Features for 11780 W FM 1960 RD
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Lot size
- 5.75 Acres
- Property subtype
- OFFICE
Properties For Sale
at 11780 W FM 1960 RD Contact us
Listing agent Joel C. English License #465800
Listing office Texas CRES (281) 898-0895
Listing date Jan 13, 2023
Source Moodyscre
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 Texas CRES
HighLights
- Excellent visibility on FM 1960 with high traffic count (49,000+ vehicles per day).
- Located at the intersection of FM 1960 and Fallbrook.
- Available for lease or sale.
- In a high‑density commercial and residential area.
- Easy access to freeways and retail.
- Currently built out as a pharmacy.
Overview
Local 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 | $30.8k | $20.52 |
| − Vacancy | −$1.7k | −$1.15 |
| EGI | $29.1k | $19.37 |
| − OpEx | −$8.7k | −$5.81 |
| NOI | $20.3k | $13.56 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.5967
- Latitude
- 29.9259
