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    El Camino Real Retail Center Title is generated by Realmo AI

    16512 El Camino Real, Houston, TX 77062

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    Retail spaces available in high-traffic Houston shopping center.

    Type:Retail
    Property size:
    5,670 SF
    Added:
    Dec 1, 2025
    Days on Market:
    162
    Last Refresh:
    Mar 17 at 1:19 pm

    Property Features for 16512 El Camino Real

    General Information

    Standard status
    Active
    Size
    5,670 SF
    Property subtype
    Retail

    Building Details

    Year Built
    2000

    Spaces For Lease

    at 16512 El Camino Real Contact us

    16512 El Camino Real - ENDCAP $2.00 /Mo

    Size
    1,770 SF
    Type
    Retail
    Right Corner Endcap. Former Restaurant. Needs renovation. Heavy foot traffic and...
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    16530 El Camino Real - Hair Salon $2.00 /Mo

    Size
    1,400 SF
    Type
    Retail
    1400sf. Former Hair Salon. Currently next to a nail salon. Great opportunity to have...
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    Contact us

    16550 El Camino Real - 3360sf $2.00 /Mo

    Size
    3,360 SF
    Type
    Retail
    3360sf. Can be contiguous space up to 5,670sf. FORMER Sportwear retailer. Includes...
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    16570 El Camino Real - 2310sf $2.00 /Mo

    Size
    2,310 SF
    Type
    Retail
    2310sf - Shell Space. Open space ready for your retail business! Heavy foot and...
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    Contact us

    We can help!

    Listing Contact
    Terry Popowitz

    Listing agent Terry Popowitz License #522338

    Listing office SPTX Commercial, a division of Showcase Properties of Texas

    Listing date Dec 1, 2025

    Source Crexi

    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 SPTX Commercial, a division of Showcase Properties of Texas

    HighLights

    • Prime location: Adjacent to Kroger, Walgreens, and Wendy's offering high visibility.
    • Multiple lease spaces available, from 1,400sf to 3,360sf, up to 5,670sf contiguous.
    • 1,400 SF 2nd Generation Hair Salon: Move‑in ready and equipped.
    • 1,770 SF Endcap Space – Former Restaurant: A prominent unit offering a blank canvas.
    • 3,360 SF Former Athletics Wear Retailer: Open layout suitable for various businesses.
    • 2,310 SF Shell Space: Design a layout tailored to your needs.

    Overview

    Located in the Clear Lake area, the 16512 El Camino Real Shopping Center offers multiple leasing opportunities. Available spaces include a 1,770-square-foot endcap unit formerly operated as a restaurant, requiring renovations to suit a new dining concept or retail business. A 1,400-square-foot second-generation hair salon is move-in ready, equipped for salon operations or related personal care services. A 3,360-square-foot space, previously an athletic wear retailer, features an open retail layout suitable for apparel, specialty products, or fitness-related businesses. Additionally, a 2,310-square-foot shell space provides the flexibility to design a layout tailored to various retail or service-oriented uses. The center is strategically located adjacent to Kroger, Walgreens, and Wendy’s, benefiting from strong anchor tenants and a steady flow of potential customers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Transponder Chip Key ... Auto Repair Shop

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.1239297
    Latitude
    29.5571838

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    FAQs

    What type of property is this?
    Retail space - Retail spaces available in high-traffic Houston shopping center.
    Where is this retail space located?
    The property is located at 16512 El Camino Real Houston, TX.
    What are key features of this property?
    This property features: Prime location: Adjacent to Kroger, Walgreens, and Wendy's offering high visibility.; Multiple lease spaces available, from 1,400sf to 3,360sf, up to 5,670sf contiguous.; **1,400 SF 2nd Generation Hair Salon: Move‑in ready and equipped.**
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Terry Popowitz
    Real Estate License ID: 522338
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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