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Property profile & analytics
OFF-MARKET
Land

0 53 St Fellsmere, FL 32948

5849 ac lot
Property ID
Property summary
AI-generated overview

The Renaissance Center, located at 6120 Scott Street in Houston, Texas, presents a compelling investment opportunity. This three-building retail center boasts a total of 101,525 square feet, with 18,381 square feet currently vacant. Units range from a minimum of 1,500 square feet to a maximum contiguous space of 12,381 square feet, offering flexibility for a variety of retail businesses. The center benefits from a strategic location at the intersection of Scott Street and Old Spanish Trail, ensuring high visibility and accessibility within a densely populated area. Recent renovations, including the addition of a new 6,000-square-foot building, enhance the property's appeal and functionality. Ample parking with 765 spaces accommodates a high volume of visitors. The diverse tenant mix includes established businesses such as Shoe Palace and T-Mobile, creating a strong draw for customers and fostering a thriving retail environment. This property offers a unique opportunity to capitalize on a prime location, strong tenant base, and recent improvements in a high-traffic area of Houston. The center's established reputation and diverse tenant mix, combined with its convenient location and ample parking, make it an attractive destination for shoppers and a desirable location for businesses. The available space presents a chance to establish or expand a retail presence in a vibrant and growing community. The recent renovations demonstrate a commitment to maintaining a high-quality retail environment, attracting both tenants and customers.

Property profile
Verified
Property type Land
Lot 5849 ac (254,782,440 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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