Kingwood Retail Building on
22210 TX-494 Loop Houston, TX 77339
For Sale
Contact for pricing
Single-user retail building with expansion potential in Kingwood.
Property Size2,160 SF
Price / SF$277.78
Days on Market960
Property Features for 22210 TX-494 Loop
General Information
- Standard status
- Active
- Size
- 2,160 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1986
Listing Agency:
McAlpine Interests
(281) 973-4562
Listed By:
Adam McAlpine · License #TX 600646
Source:
Crexi
Added: Dec 8, 2023
Changed: Jul 10
Last Checked: Jul 24 at 4:30PM
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 McAlpine Interests
Investment Insights
Based on property information with market context.
This is a one-story, single-user retail building with 2,160 square feet of space, located on Loop 494 in Kingwood. Constructed in 1986, the property features 102 feet of frontage on the recently expanded Loop 494. It offers abundant parking, with 100 spaces available, allowing for potential expansion at the back of the property. An additional storage building is located in the rear. The building has an upgraded electrical system, HVAC, restrooms, and emergency and exit lighting. A new AC unit was installed in 2021. The property provides easy access to Hwy 59/I-69 and Kingwood Drive.
Key Highlights
- High visibility with 102 feet of frontage on Loop 494
- Abundant parking with 100 spaces and expansion potential
- Upgraded electrical, HVAC, restrooms, and lighting systems
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 | $44.3k | $20.52 |
| − Vacancy | −$2.5k | −$1.15 |
| EGI | $41.8k | $19.37 |
| − OpEx | −$12.6k | −$5.81 |
| NOI | $29.3k | $13.56 |
2,160 SF · lease $20.52/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$418.4K
$366.1K – $488.2K
NOI $29,289 @ 7.0% cap · market cap 4.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$555.4K
$486.0K – $648.0K
NOI $38,880 @ 7.0% cap · market cap 6.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
FAQs
What type of property is this?
Storefront property - Single-user retail building with expansion potential in Kingwood.
Where is this storefront property located?
The property is located at 22210 TX-494 Loop Houston, TX.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: High visibility with **102 feet of frontage on Loop 494**; Abundant parking with **100 spaces and expansion potential**; Upgraded electrical, HVAC, restrooms, and lighting systems
