Multi-Tenant Retail
For Sale
Contact for pricing
7147 Bellfort Avenue, Houston, TX 77087
Adjacent parcels combine neighborhood retail occupancy with an automotive facility.
Property Size11,553 SF
Lot Size0.27 Acres
Price / SF$120.75
Days on Market53
Property Features for 7147 Bellfort Avenue
General Information
Standard status
Active
Size
11,553 SF
Lot size
0.27 Acres
Property subtype
Retail
Occupancy
96%
Site & Location
Neighborhood
Brays Oaks
Building Details
Buildings
2
Tenancy
Multi
Listing Agency:
Monarch Commercial
Listed By:
Victoria Aguirre · License #682061
(210) 837-8036
Source:
Crexi
Added: Sep 3
Changed: Oct 17
Last Checked: Oct 24 at 6:00PM
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 Monarch 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.
The Bellfort Retail Portfolio consists of two adjacent commercial parcels totaling 11,553 square feet at 7147 and 7155 Bellfort Avenue in Houston. The 7147 Bellfort parcel contains a seven-unit, multi-tenant building, while 7155 Bellfort is improved with a single-tenant automotive facility. The properties are held in separate entities and may be acquired together or individually.
The portfolio is 95.7% leased, with no individual tenant accounting for more than 29% of base rent. The largest tenant occupies 3,453 square feet under a lease scheduled to expire on 02/28/27. One 500-square-foot suite is vacant, and ownership will provide a twelve-month lease guarantee for that space funded through escrow. The seller is also providing a full FY2025 operating statement with documented expenses.
The portfolio is 95.7% leased, with no individual tenant accounting for more than 29% of base rent. The largest tenant occupies 3,453 square feet under a lease scheduled to expire on 02/28/27. One 500-square-foot suite is vacant, and ownership will provide a twelve-month lease guarantee for that space funded through escrow. The seller is also providing a full FY2025 operating statement with documented expenses.
Key Highlights
- Two adjacent parcels totaling 11,553 square feet on Bellfort Avenue
- Seven‑unit multi‑tenant building at 7147 Bellfort
- Single‑tenant automotive facility at 7155 Bellfort
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,142
Cap Rate
4.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,302,840
$1.3M
Cap Rate 7%
$930,600
$930.6K
Cap Rate 9%
$723,800
$723.8K
Market Conditions
NOI Build-Up for 11,553 SF
Gross rent
$104.0K $9.00/SF
− Vacancy
−$10.9K −$0.95/SF
EGI
$93.1K $8.06/SF
− OpEx
−$27.9K −$2.42/SF
NOI
$65.1K $5.64/SF
Area
Houston, TX
Vacancy
10.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,302,840
Cap Rate 7%
$930,600
Cap Rate 9%
$723,800
Alternative Uses
Best Use
Retail
$2.24M
$1.96M – $2.61M
NOI $156,654 @ 7.0% cap · market cap 11.23%
Second Best
Industrial
$930.6K
$814.3K – $1.09M
NOI $65,142 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$2.97M
$2.60M – $3.47M
NOI $207,954 @ 7.0% cap · market cap 14.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
95.7%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
396
Businesses Nearby
5k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 87%
Dining 13%
Shell
Shops & Services
4,172 visits/mo
0.2 miles
Frenchy's
Dining
673 visits/mo
0.2 miles
Extra Space Storage
Shops & Services
486 visits/mo
0.4 miles
Demographics for 77087, TX
34,654
Population
12,400
Households
2.8
Avg Household Size
35
Median Age
12%
College-Educated
63%
High-School Grad
6.6 sq mi
ZIP Area
5,251
Density / Sq Mi
$53,624
Median Household Income
$32,927
Median Earnings
$1,015
Median Rent
$148,400
Median Home Value
Market
Vacancy Rate% for Retail in Houston, TX
Similar Off Market Nearby
- Hue Plaza — 11861 S Sam Houston Pkwy W, Houston, TX 77031
Frequently Asked Questions
What type of property is this?
Shopping center - Adjacent parcels combine neighborhood retail occupancy with an automotive facility.
Where is this shopping center located?
The property is located at 7147 Bellfort Avenue Houston, TX.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Two adjacent parcels totaling 11,553 square feet on Bellfort Avenue; Seven‑unit multi‑tenant building at 7147 Bellfort; Single‑tenant automotive facility at 7155 Bellfort
