Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    14650 Wood Forest Blvd Houston, TX 77015

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    14650 Wood Forest Blvd Houston, TX 77015

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

    Current Use by Public Records

    • Margo Bitcoin ATM / Crypto Atm / Atm
    • Spec's Wines, Spirits & Finer Foods / (Bike/Boat/Book/etc) Store / Wine and Liquor Store
    • Timberwood Shopping Center / Shopping Center & Mall
    • Coin Cloud Bitcoin ATM / Atm / Crypto Atm

    Property Details for 14650 Wood Forest Blvd

    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional retail opportunity is located within the thriving Timberwood Shopping Center in Houston, Texas, at the intersection of Beltway 8 and Woodforest Blvd. The center enjoys an enviable position, benefiting from significant daily traffic counts: 65,000 vehicles on Beltway 8 and 40,000 on Woodforest Blvd. This translates to a substantial and readily accessible customer base for businesses operating within the center. The property's strategic location is further enhanced by its proximity to approximately 48,000 residential households within a 5-mile radius, ensuring a consistent flow of potential customers. Currently, one retail space is available, measuring 5,120 square feet, ideal for a variety of commercial uses, including restaurants and retail establishments. The property is classified as a multi-tenant retail center, offering a vibrant and established commercial environment. The address is 14650 Woodforest Blvd, Houston, TX 77015. This location provides excellent visibility and accessibility, making it an attractive proposition for businesses seeking a strong foothold in a high-traffic area of Houston. The high volume of traffic and the substantial residential population within close proximity make this a compelling investment opportunity with significant potential for growth and profitability. Contact us today to learn more about this exceptional retail space.

    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
    -95.162
    Latitude
    29.7896

    Comparable in this City

    • Value Estimation by Request
      2,040 SF

      622 Uvalde Rd

      Airport retail • 2,040 SF
      622 Uvalde Rd, Houston, TX 77015
      View Details
    • Value Estimation
      $795,000
      10,261 SF

      12625 Ee Fwy

      RESTAURANT • 10,261 SF
      12625 Ee Fwy, Houston, TX 77015-5613
      View Details
    • Value Estimation by Request
      2,793 SF

      919 Federal Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,793 SF
      919 Federal Rd, Houston, TX 77015-4801
      View Details
    • Value Estimation by Request
      5,576 SF

      12613 Ee Fwy

      RESTAURANT • 5,576 SF
      12613 Ee Fwy, Houston, TX 77015
      View Details
    • Value Estimation by Request
      1,967 SF

      1010 Federal Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,967 SF
      1010 Federal Rd, Houston, TX 77015-4804
      View Details
    • Value Estimation by Request
      1,710 SF

      941 Federal Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,710 SF
      941 Federal Rd, Houston, TX 77015-4801
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Prime Corner Lot For Sale

      Hard corner lot with high visibility and accessibility.
      1012 Freeport St, Houston, TX 77015
      View Details
    • $375,000

      High Visibility Commercial Lot

      Prime commercial lot with high visibility and excellent potential.
      12314 Market Street Rd, Houston, TX 77015
      View Details
    • Contact for pricing

      Victoria Casa Apartment Portfolio

      Two apartment complexes in East Houston suburb of Cloverleaf.
      13932 Victoria St, Houston, TX 77015
      View Details
    • Contact for pricing

      Land For Sale Houston

      Land available for sale in Houston, Texas.
      12980 East Fwy, Houston, TX 77015
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      21,000 SF

      Coronado Village Shopping Center

      Houston Retail Space: Prime Location
      12611 Wood Forest Blvd, Houston, TX 77015
      View Details
    • Contact for pricing

      High-Visibility Commercial Property For Rent

      Commercial property with high visibility and frontage on Interstate 10.
      12450 East Fwy, Houston, TX 77015
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in Houston, Texas.
      9 Uvalde Rd, Houston, TX 77015
      View Details
    • Contact for pricing

      Retail Space with Freeway Visibility

      Shopping center with endcap space and freeway access.
      12740 East Fwy, Houston, TX 77015
      View Details
    • Contact for pricing

      Retail/Office Space for Lease

      Retail/office space available in a high-traffic shopping center.
      13415 Wood Forest Blvd, Houston, TX 77015
      View Details
    • $22 SF/Yr
      4,100 SF

      Houston Retail Space Available

      Prime Houston retail space, 1400-2700 sq ft.
      12620 Wood Forest Blvd, Houston, TX 77015
      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.
    14650 Wood Forest Blvd
    Houston, TX 77015
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!