8311-8825 Mesa Dr Houston, TX 77028
Mesa Commons presents a compelling investment opportunity in the thriving East Houston submarket of Harris County. This established neighborhood retail shopping center, situated on a substantial 30.76-acre lot at the prominent corner of Mesa Drive and East Houston Road, comprises three single-story buildings totaling 99,679 square feet. Built in 1955, the property offers ample parking with 540 spaces, ensuring convenient access for customers. The center currently has six retail spaces available, ranging in size from 2,000 to 23,000 square feet, providing flexibility for a variety of tenants. This presents a unique chance to acquire a well-located, multi-tenant retail property with significant upside potential. The property's size and location in the busy East Houston submarket make it an attractive option for investors seeking a strong return on investment. The existing infrastructure and ample parking provide a solid foundation for future growth and tenant occupancy. The property's substantial land area also offers potential for future expansion or redevelopment. This is an exceptional opportunity to acquire a well-established retail center in a high-traffic area with significant growth potential. Serious inquiries are encouraged.
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
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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.