0 Business 290 Prairie View, TX 77445
This exceptional 15,000 square foot retail/flex space development in Hempstead, Texas, offers a unique investment opportunity. Situated on a 1.66-acre lot with approximately 345 feet of frontage on Business 290 N, this property boasts unparalleled visibility and accessibility. The development is strategically located just 0.42 miles from Highway 290, providing convenient access for customers and employees. Spaces are available for pre-leasing, ranging from 2,000 to 15,000 square feet, making it suitable for a variety of retail and flex uses. The property benefits from its proximity to significant new developments, including a 500-acre H-E-B distribution center and the new Mustang CAT headquarters. This prime location offers high growth potential and a strong tenant base. A comprehensive demographic package is available for serious inquiries. The property is available for both lease and purchase options. Don't miss this chance to secure a space in this thriving commercial area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.