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    OFF-MARKET
    Retail properties & Spaces

    19550 Tx-249, Houston, TX 77070

    10,250 SF Built 2001
    Property ID
    Property summary
    AI-generated overview

    This exceptional opportunity presents the acquisition of a thriving, established restaurant, the Redfish Grill, located at 19550 TX-249 in Houston, Texas, 77070. The property boasts a substantial 10,250 square feet of net rentable space within a two-story building constructed in 2001. Situated on a sizable 28,842 square foot lot, this Class B property enjoys 100% occupancy and benefits from high visibility frontage on Highway 249 (Tomball Parkway) and convenient corner access to Cypresswood Drive. The restaurant's prime location within Houston's Technology Corridor is surrounded by thriving residential communities, luxury apartments, and numerous office parks, including the recently developed Chasewood Crossing Campus. This strategic position ensures consistent high traffic volume, contributing to the restaurant's established success. The asking price is $1,980,000. The property offers significant potential for future land redevelopment, capitalizing on the area's continued growth and desirability. The current owner/user is available to provide assistance post-purchase, ensuring a smooth transition. This is a rare opportunity to acquire a profitable, established business with substantial long-term growth potential and significant land value.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2001
    Total area 10,250 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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Zoning & alternative use
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