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    15919 Post Oak Rd Houston, TX 77053

    For Sale
    $1,800,000

    10,052 SF, 100% occupied, high-traffic location.

    Property size:
    10,052 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 10,052-square-foot shopping center, situated on a 1.12-acre lot at 15919 S Post Oak Rd, Houston, TX 77053, presents a compelling investment opportunity. The Class C property, built in 1987 and renovated in 2002, boasts a single, one-story building with a multi-tenant occupancy currently at 100%. The property features a Net Net Net (NNN) lease structure with a remaining lease term of two years. The asking price is $1,800,000, translating to $179.07 per square foot. The property generates a strong net operating income (NOI) of $144,820. Benefiting from its location in a high-traffic area on S Post Oak Rd, near Beltway 8, this retail center enjoys excellent visibility and serves a robust demographic, with a population of 31,115 and an average household income exceeding $52,800 within the 77053 zip code. Recent improvements include a new roof installed in March 2023. The property is offered fee simple and is identified by APN 6250-01-000-0102-907. Annual gross rents total $178,200, with property taxes at $15,709 and property insurance at $11,371. This is a prime retail opportunity not to be missed.

    Property Features for 15919 Post Oak Rd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    10,052 SF
    Class
    C
    Lot Size
    48,787 SF

    Building Details

    Year Built/Renovated
    1987/2002
    Buildings
    1
    Stories
    1

    HighLights

    • Prime retail opportunity on S Post Oak Rd, Houston, TX.
    • Annual gross rents: $178,200.
    • Property taxes: $15,709; Property insurance: $11,371.
    • 100% leased, 10,052 square feet.
    • 1.12‑acre lot.
    • New roof installed March 2023.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shining Stars Daycare ... Day Care Center Inspired Achievers Academy Day Care Center

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.4676678
    Latitude
    29.5933782

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    FAQs

    What type of property is this?
    Lifestyle center - 10,052 SF, 100% occupied, high-traffic location.
    Where is this lifestyle center located?
    The property is located at 15919 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: Prime retail opportunity on S Post Oak Rd, Houston, TX.; Annual gross rents: $178,200.; Property taxes: $15,709; Property insurance: $11,371.
    Request Owner's contact information
    15919 Post Oak Rd Houston, TX 77053
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15919 Post Oak Rd Houston, TX 77053
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