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    17117 Access Rd Houston, TX 77064

    For Sale
    $2,085,000

    High-traffic retail space, redevelopment opportunity

    Property size:
    5,556 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This vacant 5,556 square foot retail pad, built in 2006, presents a compelling redevelopment opportunity. Located at 17117 Texas 249 Access Rd, Houston, TX 77064, this property boasts 91 parking spaces and 94 feet of frontage on State Highway 249, experiencing approximately 138,700 vehicles per day. Its strategic position directly across from Willowbrook Mall (over 140 stores and 19,000,000 annual visitors) and its proximity to four hotels (within 0.25 miles, totaling 307 rooms) and a large retail center (approximately 400,000 square feet) offer significant synergy. The property benefits from two large curb cuts for easy ingress and egress, and a prominent pylon sign for advertising. The surrounding area demonstrates strong demographics, with over 325,000 people within a 5-mile radius and an average household income of $99,800. The asking price is $2,085,000, translating to $375.27 per square foot. This prime location and substantial redevelopment potential make this an exceptional investment opportunity.

    Property Features for 17117 Access Rd

    General Information

    Property type
    Retail properties
    Square Feet
    5,556 SF

    Building Details

    Year Built
    2006

    HighLights

    • High redevelopment potential: 91‑space parking lot, ideal for high‑traffic businesses.
    • Excellent location: Across from Willowbrook Mall (140+ stores, 19 million annual visitors).
    • Strong synergy: Adjacent to hotel, near four others (307 rooms total), and a 400,000 sq ft retail center.
    • Desirable demographics: 325,000+ residents within 5 miles, $99,800 average household income.
    • High visibility: 94' of frontage on State Highway 249 (138,700 VPD).
    • Convenient access: Two large curb cuts and a prominent pylon sign.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.5394036
    Latitude
    29.953157

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, redevelopment opportunity
    Where is this retail property located?
    The property is located at 17117 Access Rd Houston, TX.
    What is the asking price?
    The asking price for this property is $2,085,000.
    What are key features of this property?
    This property features: High redevelopment potential: 91-space parking lot, ideal for high-traffic businesses.; Excellent location: Across from Willowbrook Mall (140+ stores, 19 million annual visitors).; Strong synergy: Adjacent to hotel, near four others (307 rooms total), and a 400,000 sq ft retail center.
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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
    17117 Access Rd Houston, TX 77064
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