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9788 Clarewood Dr Houston, TX 77036

OFF-MARKET Retail properties & Spaces Google Maps
2,400 SF Built 2006
Estimated value
No estimation on file for this property yet.
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

Current use

Occupant on record · Public records
  • Dental Office
  • Spa & Massage Center
  • Garden Center
  • Real Estate Agency
  • Real Estate 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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