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    9882 Southwest Fwy Houston, TX 77036

    Sponsored
    For Sale
    Contact for pricing

    Prime Houston Retail Site, High Traffic

    Property size:
    38,579 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.3-acre Houston property, located at 9882 Southwest Fwy, 77036, presents a unique redevelopment opportunity. The existing 38,579 square foot building offers a versatile mix of spaces, including a 5,000 square foot freestanding restaurant and a 6,640 square foot vacant unit, alongside other occupied retail spaces. The property boasts 565 feet of frontage on Hwy 59 South (Southwest Freeway), a major thoroughfare with a high daily traffic count of 211,575 vehicles. This prime location benefits from a substantial population base, with over 500,000 people and 176,000 households within a 5-mile radius. The absence of zoning restrictions allows for a wide range of redevelopment possibilities, making this an attractive investment for developers seeking high-visibility retail space in a densely populated area of Harris County, Texas. The property's size and location provide significant potential for increased revenue and return on investment. This is a rare chance to acquire a substantial retail property in a high-traffic area with significant growth potential. The existing building provides immediate income potential while offering the flexibility for a complete transformation.

    Property Features for 9882 Southwest Fwy

    General Information

    Property type
    Lifestyle centers
    Square Feet
    38,579 SF
    Lot Size
    100,188 SF

    HighLights

    • 2.3‑acre Houston property at 9882 Southwest Fwy, 77036, ideal for redevelopment.
    • Existing 38,579 SF building with a 5,000 SF freestanding restaurant and a 6,640 SF vacant unit, plus other occupied retail spaces.
    • 565 feet of frontage on Hwy 59 South (Southwest Freeway), with 211,575 daily vehicles.
    • Over 500,000 people and 176,000 households within a 5‑mile radius.
    • No zoning restrictions, allowing diverse redevelopment options.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.5464298
    Latitude
    29.6727279

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Houston Retail Site, High Traffic
    Where is this lifestyle center located?
    The property is located at 9882 Southwest Fwy Houston, TX.
    What are key features of this property?
    This property features: 2.3-acre Houston property at 9882 Southwest Fwy, 77036, ideal for redevelopment.; Existing 38,579 SF building with a 5,000 SF freestanding restaurant and a 6,640 SF vacant unit, plus other occupied retail spaces.; 565 feet of frontage on Hwy 59 South (Southwest Freeway), with 211,575 daily vehicles.
    Request Owner's contact information
    9882 Southwest Fwy Houston, TX 77036
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    Houston, TX 77036
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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
    9882 Southwest Fwy Houston, TX 77036
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