Kingwood Retail Building on
For Sale
Contact for pricing
22210 TX-494 Loop, Houston, TX 77339
Single-user retail building with expansion potential in Kingwood.
Property Size2,160 SF
Price / SF$277.78
Days on Market1051
Property Features for 22210 TX-494 Loop
General Information
Standard status
Active
Size
2,160 SF
Property subtype
Retail
Investment Type
Owner/User
Site & Location
Neighborhood
Pleasantville Area
Building Details
Year Built
1986
Stories
1
Listing Agency:
McAlpine Interests
Listed By:
Adam McAlpine · License #TX 600646
(281) 973-4562
Source:
Crexi
Added: Dec 8, 2023
Changed: Oct 12
Last Checked: Oct 23 at 5:00AM
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 McAlpine Interests
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a one-story, single-user retail building with 2,160 square feet of space, located on Loop 494 in Kingwood. Constructed in 1986, the property features 102 feet of frontage on the recently expanded Loop 494. It offers abundant parking, with 100 spaces available, allowing for potential expansion at the back of the property. An additional storage building is located in the rear. The building has an upgraded electrical system, HVAC, restrooms, and emergency and exit lighting. A new AC unit was installed in 2021. The property provides easy access to Hwy 59/I-69 and Kingwood Drive.
Key Highlights
- High visibility with 102 feet of frontage on Loop 494
- Abundant parking with 100 spaces and expansion potential
- Upgraded electrical, HVAC, restrooms, and lighting systems
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,289
Cap Rate
4.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$585,780
$585.8K
Cap Rate 7%
$418,414
$418.4K
Cap Rate 9%
$325,433
$325.4K
Market Conditions
NOI Build-Up for 2,160 SF
Gross rent
$44.3K $20.52/SF
− Vacancy
−$2.5K −$1.15/SF
EGI
$41.8K $19.37/SF
− OpEx
−$12.6K −$5.81/SF
NOI
$29.3K $13.56/SF
Area
Houston, TX
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%
$585,780
Cap Rate 7%
$418,414
Cap Rate 9%
$325,433
Alternative Uses
Best Use
Retail
$418.4K
$366.1K – $488.2K
NOI $29,289 @ 7.0% cap · market cap 4.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$555.4K
$486.0K – $648.0K
NOI $38,880 @ 7.0% cap · market cap 6.48%
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
206
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 77339, TX
43,076
Population
19,104
Households
2.3
Avg Household Size
38
Median Age
39%
College-Educated
95%
High-School Grad
16.1 sq mi
ZIP Area
2,676
Density / Sq Mi
$84,015
Median Household Income
$50,105
Median Earnings
$1,605
Median Rent
$274,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Houston, TX
Frequently Asked Questions
What type of property is this?
Storefront property - Single-user retail building with expansion potential in Kingwood.
Where is this storefront property located?
The property is located at 22210 TX-494 Loop Houston, TX.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: High visibility with **102 feet of frontage on Loop 494**; Abundant parking with **100 spaces and expansion potential**; Upgraded electrical, HVAC, restrooms, and lighting systems
