Retail Space Near Beltway
15919 S Post Oak Rd Houston, TX 77053
15919 S Post Oak Rd, Houston, TX, 77053
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For Sale
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10,052 SF retail space on 1.12 acres.
Property Size10,052 SF
Lot Size1.12 Acres
Price / SF$179.07
Days on Market767
Property Features for 15919 S Post Oak Rd
General Information
- Standard status
- Active
- Size
- 10,052 SF
- Lot size
- 1.12 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1987
Listing agency
Realm Real Estate Professionals
(281) 394-9120
Listed by
Nizar Noor · License #TX 0771112
Source
Crexi
Added: Jun 16, 2024 Updated: Jul 6 at 8:19AM Checked: Jul 22 at 11:23AM
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 Realm Real Estate Professionals
Investment Insights
Based on property information with market context.
This commercial property features 10,052 square feet of retail space on a 1.12-acre lot. The property is currently fully occupied. It is located in close proximity to Beltway 8 and the Post Oak area. The surrounding area has a population of 31,115 and an average household income of over $52,800 within the 77053 zip code.
Key Highlights
- High‑traffic location near Beltway 8 and the Post Oak area.
- Substantial size: 10,052 square feet.
- 1.12 acres of land.
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 | $206.3k | $20.52 |
| − Vacancy | −$11.6k | −$1.15 |
| EGI | $194.7k | $19.37 |
| − OpEx | −$58.4k | −$5.81 |
| NOI | $136.3k | $13.56 |
10,052 SF · lease $20.52/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.95M
$1.70M – $2.27M
NOI $136,301 @ 7.0% cap · market cap 7.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.58M
$2.26M – $3.02M
NOI $180,936 @ 7.0% cap · market cap 10.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Shining Stars Daycare ...
Daycare Center
Inspired Achievers Academy
Daycare Center
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FAQs
What type of property is this?
Retail space - 10,052 SF retail space on 1.12 acres.
Where is this retail space located?
The property is located at 15919 S Post Oak Rd Houston, TX.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: High‑traffic location near Beltway 8 and the Post Oak area.; Substantial size: **10,052 square feet.**; 1.12 acres of land.
