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    Retail/Office Space For Sale Title is generated by Realmo AI

    11780 FM 1960, Houston, TX 77065

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    Retail or office space available in established center.

    Type:Retail, Office
    Property size:
    1,500 SF
    Price / SF:
    $266/SF
    Added:
    Jan 14, 2023
    Days on Market:
    1269
    Last Refresh:
    Jul 5 at 3:25 am

    Property Features for 11780 FM 1960

    General Information

    Standard status
    Active
    Size
    1,500 SF
    Property subtype
    Retail, Office

    Building Details

    Year Built
    1995

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    Chris Joyce
    Chris Joyce

    Listing office Texas Commercial Real Estate Services

    Listing date Jan 14, 2023

    Source Crexi

    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 Texas Commercial Real Estate Services

    HighLights

    • Retail/office space available for lease or sale.
    • Located in a well‑established center.
    • Located on FM 1960 and Fallbrook.
    • Space suitable for retail or office use.
    • Built in 1995.

    Overview

    This commercial property offers retail or office space available for sale. The property is located in a well-established center on FM 1960 and Fallbrook. The property size is 1500 square feet.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $30.8k $20.52
    − Vacancy −$1.7k −$1.15
    EGI $29.1k $19.37
    − OpEx −$8.7k −$5.81
    NOI $20.3k $13.56
    1,500 SF · lease $20.52/SF/yr · vacancy 5.60% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $290.6K
    $254.2K – $339.0K (±1% cap)
    NOI $20,339 @ 7.0% cap · market cap 5.10%
    Second Best
    Office B
    $249.9K
    $218.7K – $291.6K (±1% cap)
    NOI $17,496 @ 7.0% cap · market cap 4.38%
    Theoretical Best
    Office A
    $385.7K
    $337.5K – $450.0K (±1% cap)
    NOI $27,000 @ 7.0% cap · market cap 6.77%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Nguyen Anh V ... Physician

    Suggested Use

    Real Estate Agency Law Firm Parking Lot & Garage Accounting Firm Plumbing Service Restaurant Daycare Center Florist Nursing Home (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.596697
    Latitude
    29.92586

    FAQs

    What type of property is this?
    Retail space - Retail or office space available in established center.
    Where is this retail space located?
    The property is located at 11780 FM 1960 Houston, TX.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: Retail/office space available for lease or sale.; Located in a well‑established center.; Located on FM 1960 and Fallbrook.
    (713) 473-7200 Call to check price and availability
    More about this property
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