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    1520 College Ave South Houston, TX 77587

    For Lease
    $24 SF/Yr

    Prime Retail Space Available, 5 Suites

    Lot size:
    43,030 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional Class A retail strip center, located at 1520 College Ave in South Houston, Texas, presents a unique investment opportunity. Boasting a total of 43,030 square feet across five suites, this single-story building sits on a generous 4.07-acre lot (177,376 square feet) and offers ample parking with 150 spaces. Currently, 19,999 square feet of space is available, with individual suites ranging from a minimum of 1,363 square feet to a maximum contiguous space of 8,327 square feet. Originally constructed in 1959, the property underwent a complete renovation in 2022, ensuring modern amenities and a high-quality finish. Situated in the CG - South submarket of Harris County (zip code 77587), this location benefits from its proximity to major transportation arteries, the Houston Ship Channel, and significant industrial and commercial activity. The South Houston area is home to a thriving business community, including numerous light manufacturing, fabrication, service, and retail businesses. Its convenient location offers easy access to Pasadena, Deer Park, and is only eleven miles from downtown Houston, placing it within a short distance of Clear Lake, Galveston, and the NASA Johnson Space Center. This property offers a compelling combination of size, location, and recent renovations, making it an ideal investment for discerning buyers.

    Property Features for 1520 College Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    43,030 SF
    Class
    A
    Total Rate
    86060

    Building Details

    Year Built/Renovated
    1959/2022
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Pad Site
    Size
    1,800 SF
    Rate per SF
    $24
    Space
    Suite H
    Size
    8,327 SF
    Rate per SF
    $24
    Space
    Suite G
    Size
    1,363 SF
    Rate per SF
    $24
    Space
    Suite F
    Size
    2,062 SF
    Rate per SF
    $24
    Space
    Suite D
    Size
    8,247 SF
    Rate per SF
    $24

    HighLights

    • High‑traffic location at the intersection of six‑lane College Ave and Highway I‑45.
    • Anchored by Chevron Gas Station (12 pumps), SOHO Express, Western Outfitters, and Nails Of USA.
    • Offers new construction opportunities for expansion.
    • Features a rear driveway, pylon sign, and ESFR sprinkler system.
    • 150 parking spaces and available pad site with drive‑thru.
    • SOHO Express includes a Bitcoin ATM.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lagom.therightamount Jewelry Designer Bukaneros Outfit Clothing Store Playmore Leasing Properties Leasing Service InstaBitATM Bitcoin ATM Crypto Atm SOHO EXPRESS Gas Station

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    South Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.2470145
    Latitude
    29.6534452

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Retail Space Available, 5 Suites
    Where is this neighborhood center located?
    The property is located at 1520 College Ave South Houston, TX.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: High-traffic location at the intersection of six-lane College Ave and Highway I-45.; Anchored by Chevron Gas Station (12 pumps), SOHO Express, Western Outfitters, and Nails Of USA.; Offers new construction opportunities for expansion.
    Request Owner's contact information
    1520 College Ave South Houston, TX 77587
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    South Houston, TX 77587
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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
    1520 College Ave South Houston, TX 77587
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