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    18722 Tx-249 Houston, TX 77070

    Sponsored
    For Lease
    Contact for pricing

    Houston Retail Center: Two Spaces Available

    Lot size:
    11,017 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity presents two available spaces within the vibrant Prestonwood Village shopping center, situated in the thriving Cypress trade area of Houston, Texas. The property boasts a prime location at the hard corner of TX-249 and Schroeder Road, ensuring unparalleled visibility and accessibility. With a daily traffic count exceeding 130,000 vehicles on TX-249, this location offers unmatched exposure to a large and diverse customer base. The available spaces range in size from 5,043 square feet to 5,974 square feet, providing flexibility for a variety of retail or restaurant concepts. The center is characterized by a strong and affluent demographic profile, making it an ideal location for businesses seeking to tap into a high-spending consumer market. The multiple tenancy structure of Prestonwood Village creates a synergistic environment, attracting a wide range of shoppers and enhancing the overall appeal of the center. This is a rare opportunity to secure a prominent retail space in a high-traffic, densely populated area with exceptional visibility. The property address is 18722 TX-249, Houston, TX 77070. This location offers significant potential for growth and success. Contact us today to learn more about this exciting investment opportunity.

    Property Features for 18722 Tx-249

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,017 SF

    Unit(s) available at that property

    Space
    Available Space 1 - #7
    Size
    5,974 SF
    Space
    Available Space 2 - #8
    Size
    5,043 SF

    HighLights

    • Two available retail spaces in Prestonwood Village shopping center, Cypress, TX.
    • High‑visibility corner location at TX‑249 & Schroeder Road, with over 130,000 daily vehicle traffic counts.
    • Spaces range from 5,043 to 5,974 square feet, suitable for various retail or restaurant uses.
    • Strong affluent demographics in a high‑traffic area, offering significant growth potential.
    • Property address: 18722 TX‑249, Houston, TX 77070.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.5574427
    Latitude
    29.9692548

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    FAQs

    What type of property is this?
    Restaurant - Houston Retail Center: Two Spaces Available
    Where is this restaurant located?
    The property is located at 18722 Tx-249 Houston, TX.
    What are key features of this property?
    This property features: Two available retail spaces in Prestonwood Village shopping center, Cypress, TX.; High-visibility corner location at TX-249 & Schroeder Road, with over 130,000 daily vehicle traffic counts.; Spaces range from 5,043 to 5,974 square feet, suitable for various retail or restaurant uses.
    Request Owner's contact information
    18722 Tx-249 Houston, TX 77070
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    Houston, TX 77070
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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
    18722 Tx-249 Houston, TX 77070
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