17117 Access Rd Houston, TX 77064
This vacant 5,556 square foot retail pad, built in 2006, presents a compelling redevelopment opportunity. Located at 17117 Texas 249 Access Rd, Houston, TX 77064, this property boasts 91 parking spaces and 94 feet of frontage on State Highway 249, experiencing approximately 138,700 vehicles per day. Its strategic position directly across from Willowbrook Mall (over 140 stores and 19,000,000 annual visitors) and its proximity to four hotels (within 0.25 miles, totaling 307 rooms) and a large retail center (approximately 400,000 square feet) offer significant synergy. The property benefits from two large curb cuts for easy ingress and egress, and a prominent pylon sign for advertising. The surrounding area demonstrates strong demographics, with over 325,000 people within a 5-mile radius and an average household income of $99,800. The asking price is $2,085,000, translating to $375.27 per square foot. This prime location and substantial redevelopment potential make this an exceptional investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.