Leased Retail Space For
For Sale
Contact for pricing
22948 Imperial Valley Dr, Houston, TX
7,500 SF retail building, 100% leased on 0.53 AC.
Property Size8,125 SF
Lot Size0.53 Acres
Price / SF$153.85
Days on Market329
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 Agency:
Danny Nguyen Commercial
(713) 270-5400
Listed By:
Danny Nguyen, CCIM
Source:
Moodyscre
Added: Nov 24, 2025
Changed: Oct 12
Last Checked: Oct 16 at 9:34AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$110,172
Cap Rate
8.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,203,440
$2.2M
Cap Rate 7%
$1,573,886
$1.6M
Cap Rate 9%
$1,224,133
$1.2M
Market Conditions
NOI Build-Up for 8,125 SF
Gross rent
$166.7K $20.52/SF
− Vacancy
−$9.3K −$1.15/SF
EGI
$157.4K $19.37/SF
− OpEx
−$47.2K −$5.81/SF
NOI
$110.2K $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%
$2,203,440
Cap Rate 7%
$1,573,886
Cap Rate 9%
$1,224,133
Alternative Uses
Best Use
Retail
$1.57M
$1.38M – $1.84M
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
NOI $146,250 @ 7.0% cap · market cap 11.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
470
Businesses Nearby
36k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 60%
Dining 40%
Circle K
Shops & Services
20,706 visits/mo
0.4 miles
Jack in the Box
Dining
14,627 visits/mo
0.5 miles
Public Storage
Shops & Services
963 visits/mo
0.4 miles
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?
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.
