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    OFF-MARKET
    Retail properties & Spaces

    9788 Clarewood Dr, Houston, TX 77036

    2,400 SF Built 2006
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2,400-square-foot storefront, located at 9788 Clarewood Dr #110, Houston, TX 77036, presents a fantastic investment opportunity. Built in 2006, this Class B property boasts a desirable two-story layout, including a spacious front store and a private balcony. The property is currently vacant and available for immediate occupancy starting February 7, 2024. The gross lease options range from 3 to 5 years, offering flexibility for potential tenants. Situated in Houston's vibrant Chinatown business district, this retail space benefits from high visibility and convenient access to major highways and public transportation. Ample parking is available, and the property also features a small backyard and central air conditioning. The asking price is $439,000, translating to $182.92 per square foot. Surrounded by successful and busy businesses, this property offers significant potential for growth and return on investment. The property's versatile design makes it suitable for a variety of retail or workspace uses.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2006
    Total area 2,400 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Jireh Dental Dental Office
    • Lady Bug Skin Care Spa & Massage Center
    • Proshot Pest Control Garden Center
    • Luis Mejia Luxury Realtor Real Estate Agency
    • The Realty TX Real Estate Agency
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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