Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6221 Texas 6 Houston, TX 77083
    Back to Search
    Property profile & analytics

    6221 Texas 6, Houston, TX 77083

    View on Map
    • Retail properties & Spaces
    • 9,101 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 6221 Texas 6

    Property type
    Retail properties & Spaces

    Description

    Tiffany Plaza presents a prime retail opportunity in Harris County, Texas. This 9,101 square foot commercial center is currently fully vacant and available for lease. The property boasts a highly desirable location at the signalized intersection of Alief Clodine Road and the Westpark Tollway, offering exceptional visibility and convenient access to Highway 6. A 0.47-acre pad site is also available, providing additional development potential. The building features a prominent pylon sign ensuring high brand recognition. Ample parking is provided for customers and employees. Individual spaces range from a minimum of 1,500 square feet to a maximum contiguous space of 3,000 square feet, offering flexibility for various retail businesses. The entire 9,101 square foot building is available for lease to a single tenant or can be divided to accommodate multiple tenants. The 4.4-acre lot provides ample space and potential for future expansion. This location benefits from high traffic counts and strong demographics, making it an ideal investment for businesses seeking a prominent presence in a thriving area. The property's strategic location and excellent visibility make it an exceptional opportunity for businesses seeking high exposure and easy accessibility.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.6422
    Latitude
    29.7106

    Comparable in this City

    • Value Estimation by Request
      42,446 SF

      9203 Texas 6

      Restaurants
      9203 Texas 6, Houston, TX 77083
      View Details
    • Value Estimation by Request
      5,052 SF

      Fm 1464 & Bellaire Blvd

      Restaurants
      0 Fm 1464 & Bellaire Blvd, Richmond, TX 77083
      View Details
    • Value Estimation by Request
      188,408 SF

      6701 Texas 6

      Retail properties & Spaces
      6701 Texas 6, Houston, TX 77083
      View Details
    • Value Estimation by Request
      7,500 SF

      6 & Bissonnet Neq Hwy

      Land
      6 & Bissonnet Neq Hwy, Houston, TX 77083
      View Details
    • Value Estimation by Request

      7850 Texas 6

      Specialty properties
      7850 Texas 6, Houston, TX 77083
      View Details
    • Value Estimation by Request
      2,642 SF

      8002 Texas 6

      Individual retail properties
      8002 Texas 6, Houston, TX 77083
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Retail Space For Sale

      Retail space available for purchase.
      6615 Fm 1464, Houston, TX 77083
      View Details
    • Contact for pricing
      1,600 SF

      Established Washateria in High-Density Area

      Turnkey washateria with a loyal customer base in Houston.
      6236 Synott Rd, Houston, TX 77083
      View Details
    • $2,500,000

      Cleared Lot on Clodine Road

      5+ acre cleared lot ideal for commercial and industrial uses.
      7813 Clodine Rd, Houston, TX 77083
      View Details
    • Contact for pricing

      Prime Land in Mission Bend

      10+ acres ideal for multifamily, retail, or other use.
      16500 Beechnut St, Houston, TX 77083
      View Details
    • Contact for pricing

      Commercial Land For Sale

      Commercial land available, approximately 6.23 acres, no demising.
      Bissonnet St, Houston, TX 77083
      View Details
    • Contact for pricing

      Land Available For Sale

      Land available for sale at Bissonnet St. & Eldridge Pkwy.
      Nwc Of Bissonnet St. & Eldridge Pkwy, Houston, TX 77083
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space For Lease

      Retail spaces available for lease in Houston, Texas.
      9210 State Highway 6 South, Houston, TX 77083
      View Details
    • Contact for pricing

      Retail and Office Space Available

      Versatile spaces for retail, restaurant, medical, or professional use.
      8463 Fm 1464 Rd, Richmond, TX 77083
      View Details
    • Contact for pricing
      1,125 SF

      Retail Space For Rent

      Retail space available for lease in Houston, Texas.
      9210-9220 State Highway 6 S, Houston, TX 77083
      View Details
    • Contact for pricing

      Retail Space in Richmond, Texas

      Retail space in a vibrant, high-traffic Richmond location.
      8203 Fm 1464, Houston, TX 77083
      View Details
    • Contact for pricing

      Retail Space in HEB-Anchored Center

      Retail space available in a high-visibility, HEB-anchored shopping center.
      6701 S Texas 6, Houston, TX 77083
      View Details
    • Contact for pricing

      Retail Center in Mission Park

      31,618 SF retail center built in 1984.
      14901-14935 Bellaire Blvd, Houston, TX 77083
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6221 Texas 6
    Houston, TX 77083
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6221 Texas 6, Houston, TX, 77083
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!