Retail Building with Surface
2730 Fondren Road Houston, TX 77063
2730 Fondren Road, Houston, TX, 77063
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For Sale
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Newly vacant retail building on 2.24 acres with 140 surface parking spaces and 375 feet of frontage.
Property Size18,344 SF
Lot Size2.24 Acres
Price / SF$265.48
Days on Market83
Property Features for 2730 Fondren Road
General Information
- Standard status
- Active
- Size
- 18,344 SF
- Lot size
- 2.24 Acres
- Property subtype
- Retail
Listing agency
Titan Commercial
(713) 379-8164
Listed by
Matt Sanderson · License #631268
Source
Crexi
Added: May 1 Updated: Jul 21 at 2:17PM Checked: Jul 21 at 2:17PM
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 Titan Commercial
Investment Insights
Based on property information with market context.
Newly vacant retail building offering 18,344 SF on 2.24 acres, with 140 surface parking spaces (about a 7.64/1,000 SF parking ratio). The property includes approximately 375 feet of frontage on Fondren Road, providing exposure for retail use.
2730 Fondren Road in Houston, TX 77063 is currently available for an owner user or as an investment opportunity. Fixtures, furniture, and equipment are listed as available and negotiable.
The site supports straightforward customer parking with a substantial surface lot and broad road frontage, and the building can be positioned for retail redevelopment or continued tenancy depending on an operator’s plan.
2730 Fondren Road in Houston, TX 77063 is currently available for an owner user or as an investment opportunity. Fixtures, furniture, and equipment are listed as available and negotiable.
The site supports straightforward customer parking with a substantial surface lot and broad road frontage, and the building can be positioned for retail redevelopment or continued tenancy depending on an operator’s plan.
Key Highlights
- 18,344 SF newly vacant retail building on 2.24 acres
- 140 surface parking spaces with a 7.64/1,000 SF parking ratio
- 375 feet of frontage on Fondred Road
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 | $376.4k | $20.52 |
| − Vacancy | −$21.1k | −$1.15 |
| EGI | $355.3k | $19.37 |
| − OpEx | −$106.6k | −$5.81 |
| NOI | $248.7k | $13.56 |
18,344 SF · lease $20.52/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.55M
$3.11M – $4.15M
NOI $248,738 @ 7.0% cap · market cap 5.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.72M
$4.13M – $5.50M
NOI $330,192 @ 7.0% cap · market cap 6.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Spades
Bar & Pub
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Newly vacant retail building on 2.24 acres with 140 surface parking spaces and 375 feet of frontage.
Where is this retail space located?
The property is located at 2730 Fondren Road Houston, TX.
What is the asking price?
The asking price for this property is $4,870,000.
What are key features of this property?
This property features: 18,344 SF newly vacant retail building on 2.24 acres; 140 surface parking spaces with a 7.64/1,000 SF parking ratio; 375 feet of frontage on Fondred Road
