Property profile

0 El Camino Real And Bay Area Blvd Houston, TX 77058

OFF-MARKET
Lifestyle centers
55,513 SF 5.45 ac lot Built 1996
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 55,513-square-foot retail property, situated in Houston's Clear Lake City, presents a unique investment opportunity. Built in 1996, this shopping center sits on a 5.45-acre lot at the intersection of El Camino Real and Bay Area Boulevard, two major thoroughfares. The property benefits from its strategic location within a thriving community, boasting a population of 185,840 within a 5-mile radius and an average household income of $109,260. Clear Lake City's status as the second-largest master-planned community in Houston further enhances its appeal. The area's strong economic base is anchored by a significant aerospace and aviation sector, including the NASA Johnson Space Center and Houston Spaceport, employing thousands. Convenience is maximized by its proximity to Baybrook Mall, the #2 suburban mall in the Houston MSA, located just 1.8 miles away. Excellent access to major transportation arteries, including Interstate 45, Highway 3, Beltway 8, and the NASA Bypass, ensures seamless connectivity throughout the region. This property offers significant potential for a variety of retail uses, capitalizing on the high traffic volume and strong demographics of this desirable Houston submarket. The property's address is in Harris County, Texas, zip code 77058.

Property profile

Verified
Property type Lifestyle centers
Year built 1996
Total area 55,513 SF
Lot 5.45 ac (237,402 SF)

Cap rate & NOI

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

Location

El Camino Real And Bay Area Blvd Houston, TX 77058
Houston metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own El Camino Real And Bay Area Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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