Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4711-4989 Sweetwater Blvd Sugar Land, TX 77479

    • Neighborhood centers
    • 134,679 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Tesla Supercharger / Electric Vehicle Charging Station
    • Sweetwater Plaza / Grocery & Convenience Store / Food Market

    Property Details for 4711-4989 Sweetwater Blvd

    Property size
    134,679 SF
    Property type
    Neighborhood centers
    Property subtype
    Retail properties

    Description

    Sweetwater Plaza, located at 4711-4989 Sweetwater Blvd in Sugar Land, Texas (zip code 77479), offers exceptional retail space in a thriving commercial center. This multi-tenant strip center boasts a total of 134,679 square feet and currently has 8,486 square feet of vacant space available. The property is situated in Fort Bend County, within the affluent Sugar Land community, providing excellent visibility and accessibility from US Highway 59. The available space is highly divisible, with a minimum leasable area of 2,600 square feet and a maximum contiguous space of 5,886 square feet. The center comprises two total suites, presenting a unique opportunity for businesses seeking a prominent location in a high-traffic area. This prime retail space is ideal for a variety of businesses looking to establish or expand their presence in a dynamic and prosperous market. The property's strategic location and ample space make it an attractive investment opportunity for discerning businesses seeking a strong foothold in Sugar Land's vibrant commercial landscape. The coordinates for the property are 29.5853684 latitude and -95.6329802 longitude.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sugar Land
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.633
    Latitude
    29.5854

    Comparable in this City

    • Value Estimation by Request
      165,079 SF

      University Blvd & L J Pkwy

      Neighborhood centers • 165,079 SF
      0 University Blvd & L J Pkwy, Sugar Land, TX 77479
      View Details
    • Value Estimation by Request
      1.59 Acres

      University Blvd. & Telfair Ave

      Restaurants • 28,500 SF
      0 University Blvd. & Telfair Ave, Sugar Land, TX 77479
      View Details
    • Value Estimation by Request
      317,331 SF

      19900 Southwest Fwy

      Retail properties • 317,331 SF
      19900 Southwest Fwy, Sugar Land, TX 77479
      View Details
    • Value Estimation by Request
      9,772 SF

      18806 Noble 7 Ln

      Retail properties • 9,772 SF
      18806 Noble 7 Ln, Sugar Land, TX 77479
      View Details
    • Value Estimation by Request
      9,316 SF

      4907 Sandhill Dr

      Medical offices • 9,316 SF
      4907 Sandhill Dr, Sugar Land, TX 77479
      View Details
    • Value Estimation by Request
      165,079 SF

      University Blvd & L J Pkwy

      Retail properties • 165,079 SF
      0 University Blvd & L J Pkwy, Sugar Land, TX 77479
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,200 SF

      Prime Sugar Land Restaurant Space

      1,200 SF Restaurant - Turnkey Opportunity
      16100 Kensington Dr, Sugar Land, TX 77479
      View Details
    • $988,000

      Sugar Land 5-Acre Land Tract

      5-acre land tract in Sugar Land, ideal for estate.
      1950 Hagerson Rd, Sugar Land, TX 77479
      View Details
    • Contact for pricing
      1,248 SF

      Upgraded Office Space in Sugar Land

      1,248 SF office space with upgraded finishes and accessibility.
      800 Bonaventure Way, Sugar Land, TX 77479
      View Details
    • $482,000
      1,499 SF

      Greatwood Parkway Office Condo

      1,499 SF Office, Prime Sugar Land Location
      6526 Greatwood Pkwy, Sugar Land, TX 77479
      View Details
    • Contact for pricing

      Prime Development Land in Sugar Land

      42-acre infill site in Telfair Master Planned Community.
      Chatham Ave, Sugar Land, TX 77479
      View Details
    • $239,900

      Land For Sale

      Land available for purchase.
      2930 Grants Lake Blvd, Sugar Land, TX 77479
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,365 SF

      Kensington Plaza Retail Space For Lease

      ±1,365 SF Retail Space in Sugar Land
      16100 Kensington Dr, Sugar Land, TX 77479
      View Details
    • Contact for pricing
      17,467 SF

      University Commons Retail Space

      Sugar Land, TX: Prime Retail Opportunity
      13582 University Blvd, Sugar Land, TX 77479
      View Details
    • $15 SF/Yr
      9,274 SF

      Lexington Square Retail Center

      Sugar Land, TX Retail & Office Space
      16525 Lexington Blvd, Sugar Land, TX 77479
      View Details
    • Contact for pricing
      165,079 SF

      Sugar Land Retail Center Opportunity

      Prime Retail Space in Growing Riverstone
      0 University Blvd & L J Pkwy, Sugar Land, TX 77479
      View Details
    • $23 SF/Yr
      41,955 SF

      New Territory Retail Space Available

      Sugar Land retail space, 7 units available.
      5720 New Territory Blvd, Sugar Land, TX 77479
      View Details
    • Contact for pricing
      317,331 SF

      Riverpark Shopping Center: Sugar Land

      Retail space available, prime Sugar Land location.
      19900 Southwest Fwy, Sugar Land, TX 77479
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4711-4989 Sweetwater Blvd
    Sugar Land, TX 77479
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.