12989 Bellaire Blvd, Houston, TX 77072
Turnkey investment with commercial and residential income in place.
- Added:
- Feb 3, 2026
- Days on Market:
- 144
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 12989 Bellaire Blvd
General Information
- Standard status
- Active
- Size
- 5,178 SF
- Property subtype
- Mixed Use
Listing office Synergy Commercial Group (832) 219-0001
Listing date Feb 3, 2026
Source Crexi
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HighLights
- Fully leased commercial/retail/mixed‑use building.
- Turnkey investment with immediate income from commercial and residential tenants.
- First floor occupied by a reliable commercial tenant generating steady rental income.
- Second and third floors configured as short‑term rentals with strong occupancy and income.
- Second and third floors each include 4 bedrooms, 2 bathrooms, a full kitchen, and a living area.
- Excellent cash flow and long‑term investment potential.
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 | $106.3k | $20.52 |
| − Vacancy | −$6.0k | −$1.15 |
| EGI | $100.3k | $19.37 |
| − OpEx | −$30.1k | −$5.81 |
| NOI | $70.2k | $13.56 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.6128655
- Latitude
- 29.7029892