Corner Lot Shopping Center
For Sale
Contact for pricing
9025 North Sam Houston Parkway East, Humble, TX 77396
Corner-lot commercial land with freeway visibility and frontage on North Sam Houston Pkwy E across from Walmart Supercenter.
Property Size13,975 SF
Lot Size1.45 Acres
Price / SF$336.31
Days on Market574
Property Features for 9025 North Sam Houston Parkway East
General Information
Standard status
Active
Size
13,975 SF
Lot size
1.45 Acres
Property subtype
RETAIL
Site & Location
Corner Location
Yes
Pylon Signage
Yes
Anchor Co-Tenants
Enterprise Rental
Listing Agency:
Danny Nguyen Commercial
(713) 270-5400
Listed By:
Danny Nguyen, CCIM
Source:
Moodyscre
Added: Feb 17, 2025
Changed: Sep 5
Last Checked: Sep 14 at 6:11AM
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 Danny Nguyen Commercial
Investment Insights
Based on property information with market context.
This shopping center site offers approximately 1.45 acres of commercial land on a corner lot, positioned for freeway visibility. The parcel provides approximately 400 feet of frontage on N Sam Houston Pkwy E and features both pylon and monument signage.
The site is across from a Walmart Supercenter, which can support retail traffic patterns and tenant draw. An “Enterprise Rental” anchor is noted for the property.
The combination of corner positioning, substantial parkway frontage, and visibility signage makes this parcel well-suited for a retail-focused development where tenant visibility and easy approach from the main roadway are priorities.
The site is across from a Walmart Supercenter, which can support retail traffic patterns and tenant draw. An “Enterprise Rental” anchor is noted for the property.
The combination of corner positioning, substantial parkway frontage, and visibility signage makes this parcel well-suited for a retail-focused development where tenant visibility and easy approach from the main roadway are priorities.
Key Highlights
- Approximately 1.45‑acre shopping center land site
- Approximately 400 FT frontage on N Sam Houston Pkwy E
- Corner lot with freeway visibility
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$166,048
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.53%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,320,960
$3.3M
Cap Rate 7%
$2,372,114
$2.4M
Cap Rate 9%
$1,844,978
$1.8M
Market Conditions
NOI Build-Up for 13,975 SF
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.
Gross rent
$251.6K $18.00/SF
− Vacancy
−$14.3K −$1.03/SF
EGI
$237.2K $16.97/SF
− OpEx
−$71.2K −$5.09/SF
NOI
$166.0K $11.88/SF
Area
Harris County, TX
Vacancy
5.70%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,320,960
Cap Rate 7%
$2,372,114
Cap Rate 9%
$1,844,978
Alternative Uses
Best Use
Retail
$2.37M
$2.08M – $2.77M
NOI $166,048 @ 7.0% cap · market cap 3.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.82M
$3.34M – $4.45M
NOI $267,113 @ 7.0% cap · market cap 5.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
677
Businesses Nearby
518k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 45%
Superstores 29%
Shops & Services 22%
Electronics 3%
Walmart
Superstores
149,412 visits/mo
0.2 miles
Chick-fil-A
Dining
35,480 visits/mo
0.4 miles
Whataburger
Dining
33,589 visits/mo
0.3 miles
Dollar Tree
Shops & Services
30,568 visits/mo
0.4 miles
Murphy USA
Shops & Services
21,338 visits/mo
0.3 miles
Demographics for 77396, TX
61,058
Population
20,532
Households
3
Avg Household Size
32
Median Age
25%
College-Educated
83%
High-School Grad
24.9 sq mi
ZIP Area
2,452
Density / Sq Mi
$76,506
Median Household Income
$45,385
Median Earnings
$1,459
Median Rent
$234,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Shopping center - Corner-lot commercial land with freeway visibility and frontage on North Sam Houston Pkwy E across from Walmart Supercenter.
Where is this shopping center located?
The property is located at 9025 North Sam Houston Parkway East Humble, TX.
What is the asking price?
The asking price for this property is $4,700,000.
What are key features of this property?
This property features: Approximately 1.45‑acre shopping center land site; Approximately 400 FT frontage on N Sam Houston Pkwy E; Corner lot with freeway visibility
