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Leased Retail Space For Sale

22948 IMPERIAL VALLEY DR Houston, TX

22948 IMPERIAL VALLEY DR, Houston, TX, 00000
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7,500 SF retail building, 100% leased on 0.53 AC.

Property Size8,125 SF
Lot Size0.53 Acres
Price / SF$153.85
AddedNov 24, 2025
Days on Market234
Last RefreshJul 15 at 3:41 pm

Property Features for 22948 IMPERIAL VALLEY DR

General Information

Standard status
Active
Size
8,125 SF
Lot size
0.53 Acres
Property subtype
RETAIL

Listing office Danny Nguyen Commercial

Listing date Nov 24, 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 Danny Nguyen Commercial


Investment Insights

Based on property information with market context.

This retail property features a building of approximately 7,500 square feet on a lot of approximately 0.53 acres. The property has a frontage of approximately 150.16 feet and is currently 100% leased. The location is approximately 13.1 miles from George Bush Intercontinental Airport, 5.2 miles from Spring, 1 mile from I-45, 1 mile from FM 1960 Rd, and 3.1 miles from Hardy Toll Rd.

Key Highlights

  • 100% Leased investment opportunity.
  • +/- 7,500 SF Building Size.
  • +/- 0.53 AC Lot Size.

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 $166.7k $20.52
− Vacancy −$9.3k −$1.15
EGI $157.4k $19.37
− OpEx −$47.2k −$5.81
NOI $110.2k $13.56
8,125 SF · lease $20.52/SF/yr · vacancy 5.60% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.57M
$1.38M – $1.84M (±1% cap)
NOI $110,172 @ 7.0% cap · market cap 8.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.09M
$1.83M – $2.44M (±1% cap)
NOI $146,250 @ 7.0% cap · market cap 11.70%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Imperial Washateria (Bike/Boat/Book/etc) Store Nice Dreams Smoke ... (Bike/Boat/Book/etc) Store Erika's Hair Salon Hair Salon

Suggested Use

Real Estate Agency Dental Office Law Firm HVAC Service Pharmacy Garden Center Skin Care Clinic Kitchen & Bath Showroom Electrical Service Gym & Fitness Center

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

FAQs

What type of property is this?
Retail space - 7,500 SF retail building, 100% leased on 0.53 AC.
Where is this retail space located?
The property is located at 22948 IMPERIAL VALLEY DR Houston, TX.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 100% Leased investment opportunity.; +/- 7,500 SF Building Size.; +/- 0.53 AC Lot Size.
Contact an agent
(713) 270-5400 Call to check price and availability
More about this property
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