15444 Ridge Park Dr, Houston, TX
Retail property in Houston, Texas, featuring childcare and exercise facilities.
- Added:
- Feb 26, 2025
- Days on Market:
- 474
- Last Refresh:
- May 20 at 9:40 pm
Property Features for 15444 Ridge Park Dr
General Information
- Standard status
- Active
- Size
- 5,742 SF
- Lot size
- 1.00 Acres
- Property subtype
- RETAIL
Listing agent Brenda Pennington License #341099 (713) 621-5050
Listing office Brenda Pennington Commercial (713) 621-5050
Listing date Feb 26, 2025
Source Moodyscre
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 Brenda Pennington Commercial
HighLights
- 100% Leased investment opportunity.
- Situated on a 1.00 Acre lot.
- Conveniently located near Highway 6, Highway 290, Beltway 8.
- Features 68 parking spaces.
- Includes 4 ADA bathrooms.
- Double insulated interior walls for soundproofing.
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 | $117.8k | $20.52 |
| − Vacancy | −$6.6k | −$1.15 |
| EGI | $111.2k | $19.37 |
| − OpEx | −$33.4k | −$5.81 |
| NOI | $77.9k | $13.56 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.6414
- Latitude
- 29.8877
