Renovated Retail
17960 FM 529 RD, Houston, TX 77095
For Sale
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Turnkey retail storefront renovated in 2019, suited to serve nearby residential communities along a growing commercial corridor.
Property Size3,400 SF
Price / SF$411.76
Days on Market144
Property Features for 17960 FM 529 RD
General Information
Standard status
Size
Class
Property subtype
Investment Type
Building Details
Year Built
Year Renovated
Buildings
Stories
Units
Tenancy
Listing Agency:
KW Commercial Signature
Listed By:
Jay Linh Phan · License TX #793349
Source:
Crexi
Added: Jun 20
Changed: Nov 4
Last Checked: Nov 10 at 7:14AM
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 KW Commercial Signature
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Investment Insights
Based on property information with market context.
This renovated retail storefront offers a single-unit setup totaling approximately 3,400 square feet, situated on a 21,600 square foot lot. The property was renovated in 2019, giving an owner or operator a commercially usable space designed for a retail business from day one.
Located at 17960 FM 529 Rd in Houston, TX, the property is described as well-positioned to serve surrounding residential communities and a growing commercial corridor. The configuration is straightforward for tenants looking for a retail presence in an area that supports both day-to-day customer traffic and ongoing neighborhood development.
For an owner-user, this property can function as a ready-to-operate storefront with a renovation-backed interior and an independent lot footprint. Investors and entrepreneurs may also find the single-unit nature practical for managing one space versus multiple tenants. With its updated condition and retail-focused configuration, the asset is presented as a fit for those seeking a turnkey commercial opportunity aligned with the Copperfield/Cypress area’s residential and commercial momentum.
Located at 17960 FM 529 Rd in Houston, TX, the property is described as well-positioned to serve surrounding residential communities and a growing commercial corridor. The configuration is straightforward for tenants looking for a retail presence in an area that supports both day-to-day customer traffic and ongoing neighborhood development.
For an owner-user, this property can function as a ready-to-operate storefront with a renovation-backed interior and an independent lot footprint. Investors and entrepreneurs may also find the single-unit nature practical for managing one space versus multiple tenants. With its updated condition and retail-focused configuration, the asset is presented as a fit for those seeking a turnkey commercial opportunity aligned with the Copperfield/Cypress area’s residential and commercial momentum.
Key Highlights
- Retail property built in 1999 with 3,400 SF of retail space
- Renovated in 2019
- 1‑unit retail storefront
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,103
Cap Rate
3.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$922,060
$922.1K
Cap Rate 7%
$658,614
$658.6K
Cap Rate 9%
$512,256
$512.3K
Market Conditions
NOI Build-Up for 3,400 SF
Gross rent
$69.8K $20.52/SF
− Vacancy
−$3.9K −$1.15/SF
EGI
$65.9K $19.37/SF
− OpEx
−$19.8K −$5.81/SF
NOI
$46.1K $13.56/SF
Area
ZIP 77095
Vacancy
5.60%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$922,060
Cap Rate 7%
$658,614
Cap Rate 9%
$512,256
Alternative Uses
Best Use
Retail
$658.6K
$576.3K – $768.4K
NOI $46,103 @ 7.0% cap · market cap 3.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$874.3K
$765.0K – $1.02M
NOI $61,200 @ 7.0% cap · market cap 4.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
571
Businesses Nearby
160k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 31%
Apparel 23%
Dining 20%
Shops & Services 14%
Kroger
Groceries
48,834 visits/mo
0.2 miles
Kohl's
Apparel
37,115 visits/mo
0.2 miles
Langham Creek Ace Hardware
Home Improvements & Furnishings
15,964 visits/mo
0.2 miles
Burger King
Dining
14,806 visits/mo
0.1 miles
Kroger Fuel Center
Shops & Services
10,791 visits/mo
0.1 miles
Demographics for 77095, TX
71,206
Population
26,429
Households
2.7
Avg Household Size
37
Median Age
42%
College-Educated
93%
High-School Grad
14.7 sq mi
ZIP Area
4,844
Density / Sq Mi
$95,657
Median Household Income
$49,466
Median Earnings
$1,638
Median Rent
$288,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Retail space in Houston
Vacancy Rate% for Retail in Houston, TX
Frequently Asked Questions
What type of property is this?
Retail space - Turnkey retail storefront renovated in 2019, suited to serve nearby residential communities along a growing commercial corridor.
Where is this retail space located?
The property is located at 17960 FM 529 RD Houston, TX.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Retail property built in 1999 with 3,400 SF of retail space; Renovated in 2019; 1‑unit retail storefront
