Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Fm 529 & Hwy 6 Houston, TX 77084
    Back to Search
    Property profile & analytics

    Fm 529 & Hwy 6 Houston, TX 77084

    View on Map
    • Retail properties & Spaces
    • 350,787 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 Fm 529 & Hwy 6

    Property size
    350,787 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    Copperwood Village, a prime retail and restaurant center in Houston, Texas, presents a unique investment opportunity. Located at the highly trafficked intersection of Hwy. 6 and FM 529 in Harris County (zip code 77084), this property boasts a total of 350,787 square feet across nine individual suites. The center offers flexible space options, with a minimum divisible space of 1,755 square feet and a maximum contiguous space of 26,535 square feet. Currently, 30,778 square feet are available for lease. This presents a significant opportunity for businesses seeking high visibility and accessibility. The property provides ample parking with 1,843 spaces, ensuring convenience for customers and employees. The strategic location at one of the area's busiest intersections guarantees high traffic volume and excellent exposure for tenants. This well-established center is ideal for a variety of retail and restaurant concepts seeking a prominent presence in a thriving Houston market. The property is classified as Commercial, with Multiple Tenancy. Serious inquiries are encouraged to explore the possibilities of 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
    -95.6463
    Latitude
    29.8766

    Comparable in this City

    • Value Estimation by Request

      4360 Highway 6

      Restaurants
      4360 Highway 6, Houston, TX 77084
      View Details
    • Value Estimation by Request
      10,537 SF

      15125 Fm 529 Rd

      Restaurants • 10,537 SF
      15125 Fm 529 Rd, Houston, TX 77084
      View Details
    • Value Estimation by Request

      2311 Fry Rd

      Restaurants
      2311 Fry Rd, Houston, TX 77084
      View Details
    • Value Estimation by Request
      257,474 SF

      1304 Langham Creek Dr

      Distribution properties • 257,474 SF
      1304 Langham Creek Dr, Houston, TX 77084
      View Details
    • Value Estimation by Request

      16205 Kieth Harrow Blvd

      Multifamily properties
      16205 Kieth Harrow Blvd, Houston, TX 77084
      View Details
    • Value Estimation by Request
      17,550 SF

      1855 Barker Cypress Rd

      Office properties & Spaces • 17,550 SF
      1855 Barker Cypress Rd, Houston, TX 77084
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,950 SF

      Houston Retail Portfolio Opportunity

      Retail portfolio in Houston's Cypress submarket for sale.
      6990 State Highway 6 N, Houston, TX 77084
      View Details
    • Contact for pricing

      Houston Retail Portfolio Opportunity

      Retail portfolio in Houston's Cypress submarket for sale.
      6904 State Highway 6 N, Houston, TX 77084
      View Details
    • Contact for pricing
      19,630 SF

      Houston Retail Portfolio Opportunity

      Retail portfolio in Houston's Cypress submarket available for sale.
      6900 State Highway 6 N, Houston, TX 77084
      View Details
    • Contact for pricing
      83,924 SF

      Retail Space in Houston

      75,000 square feet of retail space available for rent.
      15900 Yorktown Crossing Pkwy, Houston, TX 77084
      View Details
    • $8,000,000
      14,000 SF

      Katy Fwy Medical/Retail Center

      New Construction, High-Growth Area
      19304 Katy Fwy, Houston, TX 77084
      View Details
    • Contact for pricing
      1,095 SF

      Retail Box on Fry Road

      Retail space with direct access and high visibility.
      19734 Saums Rd, Houston, TX 77084
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      West Houston Retail Space Available

      New construction retail space with high visibility in West Houston.
      3981 Barker Cypress Rd, Houston, TX 77084
      View Details
    • Contact for pricing
      3,667 SF

      Retail Space at High-Traffic Intersection

      Retail space available at a high-traffic intersection in Houston, TX.
      3660 Barker Cypress Rd, Houston, TX 77084
      View Details
    • Contact for pricing

      Former Urgent Care Space Available

      Second-generation medical space with high-traffic frontage on Katy Fwy.
      19450 Katy Fwy, Houston, TX 77084
      View Details
    • Contact for pricing
      1,800 SF

      Retail/Office Space Near Freeway

      Renovated retail or office spaces with excellent freeway exposure.
      11920 Barker Cypress Rd, Houston, TX 77084
      View Details
    • Contact for pricing

      Retail Space in High-Traffic Center

      Easily accessible shopping center space for rent.
      19740 Katy Fwy, Houston, TX 77084
      View Details
    • Contact for pricing

      Retail Space Available For Lease

      Retail space for lease at 18006 Park Row Blvd.
      18006 Park Row Blvd, Houston, TX 77084
      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.
    Fm 529 & Hwy 6
    Houston, TX 77084
    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
    Fm 529 & Hwy 6, Houston, TX, 77084
    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!