23240 Northwest Fwy Cypress, TX 77429
This exceptional investment opportunity presents a well-established gas station and convenience store located at 23240 Northwest Freeway, Cypress, TX 77429. Situated on a 1.44-acre lot (APN: 0421210000070) in Harris County, this property boasts a 2,420 square foot main building, complemented by three additional buildings generating rental income. The main structure, built in 1950 and extensively renovated in 2020, features central air conditioning and is classified as Class C. The total building footprint spans 5,745 square feet, with a masonry construction type. The property's zoning is permitted by the City of Houston. This prime location on a busy highway ensures high traffic volume and strong potential for continued profitability. The property's fair condition and established tenant base make it an attractive investment for those seeking a stable and income-generating asset in a thriving Texas market. The USPS vacancy indicator, as of August 1st, 2024, shows no vacancies. This one-story building offers a unique blend of established business and rental income potential, making it a compelling opportunity for discerning investors.
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Mini Mart Valero Gas Station
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.