Retail Storefront on Divided
For Sale
Contact for pricing
9149 Brandon St, Houston, TX 77051
Single storefront with direct access along a 4-lane divided corridor near TX-288 and I-610.
Property Size1,275 SF
Price / SF$352.94
Days on Market132
Property Features for 9149 Brandon St
General Information
Standard status
Active
Size
1,275 SF
Property subtype
SPECIALTY
Site & Location
Traffic Count
15,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Listing Agency:
The Commercial Professionals
Listed By:
Adam Olsen, CCIM · License #0642075
(713) 614-2670
Source:
Moodyscre
Added: Apr 29
Changed: Aug 17
Last Checked: Jul 23 at 5:49PM
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 Commercial Professionals
Investment Insights
Based on property information with market context.
This retail storefront property offers direct, street-level access along a 4-lane divided roadway. The available space is approximately 1,275 square feet, suited for a variety of retail concepts and compatible redevelopment plans. Public-facing visibility is supported by the property’s position on a well-traveled corridor with approximately 15,000 vehicles per day.
The site is located along Reed Road in South Houston, providing convenient access to major routes including TX-288 and I-610. It is also positioned near the Texas Medical Center and Downtown Houston, and is surrounded by dense residential neighborhoods with nearby schools, transit routes, and neighborhood-serving businesses.
Overall, the combination of storefront layout, roadway access, and surrounding daily-demand amenities makes the property a practical option for an end user or redevelopment buyer seeking a retail-ready site on a high-traffic corridor.
The site is located along Reed Road in South Houston, providing convenient access to major routes including TX-288 and I-610. It is also positioned near the Texas Medical Center and Downtown Houston, and is surrounded by dense residential neighborhoods with nearby schools, transit routes, and neighborhood-serving businesses.
Overall, the combination of storefront layout, roadway access, and surrounding daily-demand amenities makes the property a practical option for an end user or redevelopment buyer seeking a retail-ready site on a high-traffic corridor.
Key Highlights
- Single storefront on a 4‑lane divided road with direct access and visibility
- Approximately 1,275 sqft
- Located near TX‑288 and I‑610, with close proximity to the Texas Medical Center
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,289
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$345,780
$345.8K
Cap Rate 7%
$246,986
$247.0K
Cap Rate 9%
$192,100
$192.1K
Market Conditions
NOI Build-Up for 1,275 SF
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.
Gross rent
$26.2K $20.52/SF
− Vacancy
−$1.5K −$1.15/SF
EGI
$24.7K $19.37/SF
− OpEx
−$7.4K −$5.81/SF
NOI
$17.3K $13.56/SF
Area
Houston, TX
Vacancy
5.60%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$345,780
Cap Rate 7%
$246,986
Cap Rate 9%
$192,100
Alternative Uses
Best Use
Retail
$247.0K
$216.1K – $288.2K
NOI $17,289 @ 7.0% cap · market cap 3.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$327.9K
$286.9K – $382.5K
NOI $22,950 @ 7.0% cap · market cap 5.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
15,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
338
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77051, TX
18,323
Population
7,453
Households
2.5
Avg Household Size
34
Median Age
15%
College-Educated
78%
High-School Grad
7.4 sq mi
ZIP Area
2,476
Density / Sq Mi
$40,030
Median Household Income
$31,914
Median Earnings
$1,332
Median Rent
$171,900
Median Home Value
Market
Vacancy Rate% for Retail in Houston, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Flower Child Urban Farm & Studio — 10401 Scott St, Houston, TX 77051
Frequently Asked Questions
What type of property is this?
Storefront property - Single storefront with direct access along a 4-lane divided corridor near TX-288 and I-610.
Where is this storefront property located?
The property is located at 9149 Brandon St Houston, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Single storefront on a 4‑lane divided road with direct access and visibility; Approximately 1,275 sqft; Located near TX‑288 and I‑610, with close proximity to the Texas Medical Center
