Property profile

13502 Almeda Rd Houston, TX 77053

FOR LEASE
Strip malls
Property ID
US82-1853940
9,600 SF 0.81 ac lot Built 1970
Individually Owned 15-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This 8,640 square foot warehouse building, situated on a 3.5-acre lot (35,083 sq ft) in Houston, Texas, presents a unique investment opportunity. Built in 1970 and extensively renovated in 2023, the single-story structure offers flexible space, divisible down to 2,880 square feet, with a maximum contiguous space of 8,640 square feet. The property boasts excellent visibility and accessibility, making it ideal for various uses, including retail, restaurant, and warehouse operations. An end-cap space is particularly well-suited for a fast-food restaurant, potentially accommodating a drive-thru. The property includes 23 parking spaces. Property taxes are $2.15 per square foot. Located at 13502 Almeda Rd, Houston, TX 77053, in Harris County, this versatile property offers significant potential for a variety of businesses. Tenant improvement allowances may be considered based on lease terms, tenant qualifications, and intended use. The property is currently undergoing renovations.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1970
Construction WOOD FRAME
Total area 9,600 SF
Lot 0.81 ac (35,083 SF)
APN 150030100021
UPID US82-1853940

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

13502 Almeda Rd Houston, TX 77053
Houston metro Census 330600 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

since 2010
4 recorded transactions
2010
Price N/A
2010
$201,593
2002
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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