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12989 Bellaire Blvd Houston, TX 77072

OFF-MARKET Retail properties & Spaces Google Maps
6,000 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

Landmark Square presents a unique investment opportunity in Houston's vibrant Chinatown area. This three-story, mixed-use property boasts 6,000 square feet per unit, totaling 11 units available for sale or lease. Each unit offers versatile space, ideal for a variety of commercial and residential uses. The ground floor is perfect for retail businesses such as restaurants, medical clinics, or professional offices. The second floor provides space for residential condos (3 bedrooms/2 bathrooms) or additional office space. The third floor offers flexible space for storage or attic conversion. Located on Bellaire Boulevard in Harris County, Texas (zip code 77072), this property benefits from high visibility and excellent access. The low tax rate of approximately 2.66% adds significant value to this investment. The property is offered at $495,888, with a price per square foot of $82.65. The lease type is NNN (Net, Net, Net), and the property is currently multi-tenant. This contemporary-style development offers a compelling blend of retail and residential opportunities in a prime Southwest Houston location. The property's flexible design and desirable location make it an exceptional investment for both commercial and residential ventures. Consider the potential for a diverse range of businesses and residential units within this well-positioned complex.

Property profile

Verified
Property type Retail properties & Spaces
Total area 6,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice Spa & Massage Center
  • Computer & Electronic Repair
  • Medical Clinic Alternative Medicine Practice
  • Tax Preparation
  • Charitable Organization Social Service Agency

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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