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    1021 Lake Olympia Pkwy Missouri City, TX 77489

    For Lease
    $32 SF/Yr

    Missouri City, TX Strip Center - Spaces Available

    Lot size:
    17,357 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional retail strip center, the Commons at Lake Olympia, boasts a prime location at 1021 Lake Olympia Pkwy in Missouri City, Texas, within the thriving Fort Bend County. The property offers a total of 17,357 square feet of retail space, currently featuring 13,540 square feet available for lease. This presents a unique opportunity for businesses seeking high-visibility locations in a busy commercial area. The available spaces range in size from a comfortable 1,000 square feet to a more expansive 2,155 square feet, providing flexibility for various retail concepts. The property's "Commons at Lake Olympia" designation suggests a well-established and potentially desirable location within a larger development. The property's address is easily accessible, situated in Missouri City, Texas, zip code 77489, offering convenient access for both customers and employees. The multiple tenancy structure allows for a diverse range of businesses to coexist, creating a vibrant and attractive shopping environment. This presents a compelling investment opportunity for businesses looking to establish or expand their presence in a dynamic and growing market. The significant amount of vacant space provides ample room for growth and customization to suit individual business needs. Further details regarding lease terms and conditions are available upon request. This property is categorized as a retail strip center, indicating a design optimized for ease of access and visibility for potential customers.

    Property Features for 1021 Lake Olympia Pkwy

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,357 SF
    Total Rate
    46285.33

    Unit(s) available at that property

    Space
    Available Space 4
    Size
    2,155 SF
    Rate per SF
    $32
    Space
    Available Space 2
    Size
    2,002 SF
    Rate per SF
    $32

    HighLights

    • Summer 2022 Delivery.
    • High‑visibility corner lot at the lighted intersection of Lake Olympia and Vicksburg.
    • Adjacent to a new 7‑Eleven with convenient median cross‑access.
    • Over 1,500 homes planned nearby by D.R. Horton and Gateway Homes; easy Fort Bend Tollway access.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lake Olympia Dental Dentist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Missouri City
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.51213367
    Latitude
    29.55612302

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    FAQs

    What type of property is this?
    Neighborhood center - Missouri City, TX Strip Center - Spaces Available
    Where is this neighborhood center located?
    The property is located at 1021 Lake Olympia Pkwy Missouri City, TX.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: Summer 2022 Delivery.; High-visibility corner lot at the lighted intersection of Lake Olympia and Vicksburg.; Adjacent to a new 7-Eleven with convenient median cross-access.
    Request Owner's contact information
    1021 Lake Olympia Pkwy Missouri City, TX 77489
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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
    1021 Lake Olympia Pkwy Missouri City, TX 77489
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