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Property profile & analytics
OFF-MARKET
Specialty properties

11581 Wilcrest Dr Houston, TX 77099

26,923 SF Built 1982
Property ID
Property summary
AI-generated overview

This exceptional 26,923 square foot single-tenant retail property, located in Houston near the airport, presents a unique investment opportunity. Built in 1982 and renovated in 2018, the Class C building boasts 4,178 square feet of vacant space, offering flexible floor plans adaptable to various retail, restaurant, or special purpose uses. Its prime location benefits from an average daily traffic count of 50,000 vehicles (2022 data), ensuring high visibility and customer foot traffic. The surrounding area features a strong demographic profile, with a 2022 average household income of $65,000, indicating significant purchasing power. The property's strategic placement within a bustling commercial district provides convenient access for both locals and visitors, fostering a diverse retail ecosystem and creating cross-promotional opportunities. This well-established location offers a competitive advantage for businesses seeking a thriving environment primed for success. The available space ranges from 1,000 to 4,178 square feet, allowing for customization to meet specific business needs. This is an ideal opportunity to establish or expand a business in a high-traffic, desirable location. The one-story building offers a convenient and accessible layout. All information provided is based on data available for the year 2022.

Property profile
Verified
Property type Specialty properties
Year built 1982
Total area 26,923 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
Current use
Occupant on record · Public records
  • Arabian Knight Restaurant & Lounge Restaurant
  • Arabian Knight Restaurant Bar & Pub (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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