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Houston Retail Investment Opportunity

14428 Hempstead Rd, Houston, TX 77040

For Sale
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22,675 SF retail property in a thriving Houston corridor.

Property Size22,675 SF
Price / SF$116.87
Days on Market402

Property Features for 14428 Hempstead Rd

General Information

Standard status Active
Size 22,675 SF
Property subtype Retail, Land

Site & Location

Neighborhood Carverdale

Building Details

Year Built 1962
Listing Agency: W Realty & Investment Group
Listed By: Wan Yi · License TX #9011310
Source: Crexi
Added: Oct 8, 2025 Changed: Nov 5 Last Checked: Nov 12 at 4:32AM

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 W Realty & Investment Group

Rey
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Investment Insights

Based on property information with market context.

Located at 14428 Hempstead Rd, Houston, TX 77040, this 22,675 SF retail property offers an investment opportunity in one of Houston's thriving commercial corridors. The property benefits from high visibility and accessibility, situated in a high-traffic area. The location is surrounded by a mix of successful enterprises, providing a steady flow of potential customers. This property is suited for retail businesses looking to capitalize on the local economy. The property promises significant upside potential for investors focused on long-term value and income generation.

Key Highlights

  • Expansive 22,675 SF retail property.
  • Strategically located in a thriving Houston commercial corridor.
  • Unparalleled visibility and accessibility.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Pharmacy (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Pet Grooming Service Locksmith

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

Location Intelligence

Trade Area within ½ mile

793
Businesses Nearby

Demographics for 77040, TX

49,524
Population
19,197
Households
2.6
Avg Household Size
35
Median Age
28%
College-Educated
79%
High-School Grad
13.8 sq mi
ZIP Area
3,589
Density / Sq Mi
$67,254
Median Household Income
$37,004
Median Earnings
$1,343
Median Rent
$224,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Retail space in Houston

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Retail space - 22,675 SF retail property in a thriving Houston corridor.
Where is this retail space located?
The property is located at 14428 Hempstead Rd Houston, TX.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: Expansive 22,675 SF retail property.; Strategically located in a thriving Houston commercial corridor.; Unparalleled visibility and accessibility.
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Includes: Price & PSF · Cap rate · Location · Zoning

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