Freestanding Restaurant with
22610 Loop 494, Kingwood, TX 77339
For Sale
New
$665,000
The existing layout includes a bar and dining area, with the current tenant open to extending its lease.
Property Size2,660 SF
Days on Market1
Property Features for 22610 Loop 494
General Information
Standard status
Size
Property subtype
Additional Details
Road Access
Tenant in Place
Building Details
Building Size
Year Built
Listed By:
Joe Rambin
(713) 480-3215
Source:
Moodyrambin
Added: Nov 12
Last Checked: Nov 12 at 2:19PM
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 Joe Rambin
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Investment Insights
Based on property information with market context.
Built in 2007, this freestanding restaurant property was designed for food service and retains a commercial kitchen, bar, and dining area. The current tenant’s lease ends in August, and the tenant is open to renewal, providing a choice between continued occupancy and a change in tenancy without assuming a particular outcome.
The property fronts Loop 494 in Kingwood, with vehicle access and on-site parking. Its restaurant-oriented improvements and existing dining infrastructure define the current configuration; the source also identifies potential for other retail or service uses, without specifying a particular alternative layout or use.
The property fronts Loop 494 in Kingwood, with vehicle access and on-site parking. Its restaurant-oriented improvements and existing dining infrastructure define the current configuration; the source also identifies potential for other retail or service uses, without specifying a particular alternative layout or use.
Key Highlights
- Purpose‑built restaurant property with commercial kitchen, bar, and dining area
- Freestanding building constructed in 2007
- Frontage on Loop 494 with vehicle access and on‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,937
Cap Rate
6.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$818,740
$818.7K
Cap Rate 7%
$584,814
$584.8K
Cap Rate 9%
$454,856
$454.9K
Market Conditions
NOI Build-Up for 2,660 SF
Gross rent
$57.5K $21.60/SF
− Vacancy
−$2.9K −$1.08/SF
EGI
$54.6K $20.52/SF
− OpEx
−$13.6K −$5.13/SF
NOI
$40.9K $15.39/SF
Area
Houston, TX
Vacancy
5.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$818,740
Cap Rate 7%
$584,814
Cap Rate 9%
$454,856
Alternative Uses
Best Use
Specialty Retail
$584.8K
$511.7K – $682.3K
NOI $40,937 @ 7.0% cap · market cap 6.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$684.0K
$598.5K – $798.0K
NOI $47,880 @ 7.0% cap · market cap 7.20%
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
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
261
Businesses Nearby
56k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 77%
Shops & Services 18%
Hotels & Casinos 5%
Lowe's
Home Improvements & Furnishings
43,607 visits/mo
0.2 miles
U-Haul Moving & Storage of Kingwood
Shops & Services
4,023 visits/mo
0.2 miles
76
Shops & Services
2,390 visits/mo
0.5 miles
Enterprise Rent-A-Car
Shops & Services
2,367 visits/mo
0.1 miles
Comfort Suites Kingwood Houston North
Hotels & Casinos
1,640 visits/mo
0.4 miles
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 South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The existing layout includes a bar and dining area, with the current tenant open to extending its lease.
Where is this conventional restaurant located?
The property is located at 22610 Loop 494 Kingwood, TX.
What is the asking price?
The asking price for this property is $665,000.
What are key features of this property?
This property features: Purpose‑built restaurant property with commercial kitchen, bar, and dining area; Freestanding building constructed in 2007; Frontage on Loop 494 with vehicle access and on‑site parking
