Mixed-Use Property with Street-Front
For Sale
$675,000
7016 Harrisburg Boulevard, Houston, TX 77011
Fully leased mixed-use property features street-front commercial space occupied by Metro by T-Mobile plus a duplex behind it.
Days on Market59
Property Features for 7016 Harrisburg Boulevard
General Information
Standard status
Active
Property subtype
Multi Family,Multiple Detached Dwellings
Occupancy
100%
Building Details
Building Size
3,916 SF
Year Built
1985
Buildings
2
Tenancy
Multi
Listing Agency:
The Vincere Group LLC
(281) 748-4955
Listed By:
Ngoc Cindie Huynh · License #0722034
(281) 748-4955
Source:
Livingvoguerealestate
Added: Jun 3
Changed: Jul 30
Last Checked: Jul 31 at 11:36AM
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 The Vincere Group LLC
Investment Insights
Based on property information with market context.
This mixed-use property offers a street-front commercial building and a residential duplex behind it, with 100% occupancy. The commercial component is a high-visibility standalone building at the street front, currently occupied by Metro by T-Mobile.
The duplex sits directly behind the retail building, providing an additional residential income component within the same property configuration. The property was built in 1985.
For buyers seeking an occupied setup that combines street-level retail with residential units on one site, this layout provides two distinct spaces under one ownership, both currently leased.
The duplex sits directly behind the retail building, providing an additional residential income component within the same property configuration. The property was built in 1985.
For buyers seeking an occupied setup that combines street-level retail with residential units on one site, this layout provides two distinct spaces under one ownership, both currently leased.
Key Highlights
- 100% occupancy across the mixed‑use property
- Street‑front commercial building occupied by Metro by T‑Mobile
- Residential duplex located directly behind the retail building
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 | $80.4k | $20.52 |
| − Vacancy | −$4.5k | −$1.15 |
| EGI | $75.9k | $19.37 |
| − OpEx | −$22.8k | −$5.81 |
| NOI | $53.1k | $13.56 |
3,916 SF · lease $20.52/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$758.6K
$663.7K – $885.0K
NOI $53,099 @ 7.0% cap · market cap 7.87%
Second Best
Mixed Use
$738.4K
$646.1K – $861.5K
NOI $51,691 @ 7.0% cap · market cap 7.66%
Theoretical Best
Office A
$1.01M
$881.1K – $1.17M
NOI $70,488 @ 7.0% cap · market cap 10.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,127
Businesses Nearby
Explore this area
Business Placement
Demographics for 77011, TX
16,841
Population
7,366
Households
2.3
Avg Household Size
37
Median Age
10%
College-Educated
59%
High-School Grad
3.4 sq mi
ZIP Area
4,953
Density / Sq Mi
$49,163
Median Household Income
$36,517
Median Earnings
$1,063
Median Rent
$187,100
Median Home Value
Market
Properties on Market for Mixed-use properties in Harris County
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully leased mixed-use property features street-front commercial space occupied by Metro by T-Mobile plus a duplex behind it.
Where is this mixed-use property located?
The property is located at 7016 Harrisburg Boulevard Houston, TX.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 100% occupancy across the mixed‑use property; Street‑front commercial building occupied by Metro by T‑Mobile; Residential duplex located directly behind the retail building
