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Property profile & analytics
OFF-MARKET
Specialty properties

3233 Meridiana Pkwy Arcola, TX 77583

8,459 SF 1.69 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents an 8,459 square foot AutoZone located at 3233 Meridiana Pkwy, Iowa Colony, TX 77583. The property sits on a 1.69-acre lot and benefits from an absolute NNN lease with 15 years remaining. This single-tenant building is part of a thriving retail sector with extremely limited supply, ensuring strong market access. The property's strategic location along Highway 288, a major thoroughfare connecting Houston and its suburbs, guarantees high visibility and accessibility. Furthermore, the recent opening of a nearby elementary school, along with two new high schools opened in 2021 and 2022, significantly increases foot and automobile traffic. The surrounding area is characterized by high-end suburban home construction, providing a favorable demographic profile for the tenant. This investment offers a stable, long-term income stream in a rapidly growing area. The property type is classified as Retail, Special Purpose, with the subtype being Auto Shop. This is a rare opportunity to acquire a well-established, high-performing retail asset in a prime location.

Property profile
Verified
Property type Specialty properties
Total area 8,459 SF
Lot 1.69 ac (73,616 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
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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