Renovated Retail
For Sale
Contact for pricing
629 W 19th Street, Houston, TX 77008
Updated commercial space with dedicated on-site parking in Houston’s Heights area.
Property Size12,654 SF
Lot Size0.63 Acres
Price / SF$482.06
Days on Market58
Property Features for 629 W 19th Street
General Information
Standard status
Active
Size
12,654 SF
Total Parking Spaces
50
Lot size
0.63 Acres
Property subtype
Retail, Office, Mixed Use
Occupancy
100%
Investment Type
Owner/User
Net Operating Income
$134,000
Building Details
Year Renovated
2020
Buildings
1
Tenancy
Multi
Listing Agency:
Davis Commercial a Real Estate Company
Listed By:
Mark Davis · License #TX 409852
(713) 528-9776
Source:
Crexi
Added: Aug 21
Changed: Oct 2
Last Checked: Oct 16 at 8:59AM
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 Davis Commercial a Real Estate Company
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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 retail property includes a 12,654-square-foot building on a 27,510-square-foot parcel. The improvements were completely renovated in 2020 and are accompanied by 50 on-site parking spaces, providing a substantial physical platform for retail occupancy or other commercial use supported by the existing asset classification.
The property is located at 629 W 19th Street in Houston’s Heights area. Its W 19th Street address places the asset within the neighborhood context identified in the listing, while the combination of building area, land area, and parking creates a well-defined commercial property offering.
The property is located at 629 W 19th Street in Houston’s Heights area. Its W 19th Street address places the asset within the neighborhood context identified in the listing, while the combination of building area, land area, and parking creates a well-defined commercial property offering.
Key Highlights
- 12,654 SF retail building
- 27,510 SF land parcel
- 50 on‑site parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$171,583
Cap Rate
2.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,431,660
$3.4M
Cap Rate 7%
$2,451,186
$2.5M
Cap Rate 9%
$1,906,478
$1.9M
Market Conditions
NOI Build-Up for 12,654 SF
Gross rent
$259.7K $20.52/SF
− Vacancy
−$14.5K −$1.15/SF
EGI
$245.1K $19.37/SF
− OpEx
−$73.5K −$5.81/SF
NOI
$171.6K $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%
$3,431,660
Cap Rate 7%
$2,451,186
Cap Rate 9%
$1,906,478
Alternative Uses
Best Use
Retail
$2.45M
$2.14M – $2.86M
NOI $171,583 @ 7.0% cap · market cap 2.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.25M
$2.85M – $3.80M
NOI $227,772 @ 7.0% cap · market cap 3.73%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,231
Businesses Nearby
Explore this area
Business Placement
Demographics for 77008, TX
36,631
Population
20,709
Households
1.8
Avg Household Size
36
Median Age
72%
College-Educated
96%
High-School Grad
6.5 sq mi
ZIP Area
5,636
Density / Sq Mi
$142,414
Median Household Income
$84,642
Median Earnings
$1,567
Median Rent
$609,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Houston, TX
Frequently Asked Questions
What type of property is this?
Retail space - Updated commercial space with dedicated on-site parking in Houston’s Heights area.
Where is this retail space located?
The property is located at 629 W 19th Street Houston, TX.
What is the asking price?
The asking price for this property is $6,100,000.
What are key features of this property?
This property features: 12,654 SF retail building; 27,510 SF land parcel; 50 on‑site parking spaces
