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Neighborhood Strip Center
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11330 Homestead Rd, Houston, TX 77016

Positioned in an Opportunity Zone and EB5 TEA Zone with immediate Homestead Rd access.

Property SizeContact for details
Days on Market143

Property Features for 11330 Homestead Rd

General Information

Standard status Active
Property subtype Retail
Occupancy 84%

Property Condition

Severity Repairs Needed
Evidence Repaint the exterior for a better appearance

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Opportunity Zone Yes

Building Details

Tenancy Multi
Listing Agency: 5th Stream Realty
Listed By: Long Nguyen · License #690176
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 4:48PM

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 5th Stream Realty

Investment Insights

Based on property information with market context.

This neighborhood retail center has 83.80% occupancy and includes existing food truck tenants. A front pad is available for sale by the current owner and is identified for potential standalone fast-food drive-through use.

The property has immediate access to Homestead Rd and is approximately one minute from the 59 North Freeway. It is located in Houston, Texas, within an Opportunity Zone and EB5 TEA Zone. The center serves a surrounding neighborhood described as extending within a three-mile radius.

Key Highlights

  • 83.80% occupancy
  • Located in an Opportunity Zone and EB5 TEA Zone
  • Immediate access to Homestead Rd

Property Analytics

Current Use

SNOSHACK Food Broker Big City Communications Mobile Phone Store Western Union Bank Taqueria gaby Restaurant Bondanza Jewelry (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Kitchen & Bath Showroom Skin Care Clinic Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

83.8%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

312
Businesses Nearby

Demographics for 77016, TX

29,966
Population
11,131
Households
2.7
Avg Household Size
37
Median Age
11%
College-Educated
75%
High-School Grad
9.9 sq mi
ZIP Area
3,027
Density / Sq Mi
$46,411
Median Household Income
$30,510
Median Earnings
$1,163
Median Rent
$111,900
Median Home Value

Market

Vacancy Rate% for Retail in Houston, TX

6.9% 2019
8.2% 2020
7.6% 2021
6.4% 2022
6% 2023
6.6% 2024
6.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Positioned in an Opportunity Zone and EB5 TEA Zone with immediate Homestead Rd access.
Where is this strip mall located?
The property is located at 11330 Homestead Rd Houston, TX.
What are key features of this property?
This property features: 83.80% occupancy; Located in an Opportunity Zone and EB5 TEA Zone; Immediate access to Homestead Rd
More about this property
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