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535 Airtex Blvd Houston, TX 77090

OFF-MARKET Retail properties & Spaces Google Maps
14,741 SF Built 2022
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 14,741-square-foot storefront property, located at 535 W Airtex Blvd in Houston, Texas, presents a compelling investment opportunity. Built in 2022, this retail space boasts a 7.17% cap rate and a strong net operating income (NOI) of $353,705. Currently operating at 100% occupancy, the property offers significant potential for future growth. The asking price is $4,935,762. Situated on a substantial 63,872-square-foot lot, the property includes ample parking with 72 spaces, a key advantage in a high-traffic area. Its strategic location near FM 1960 and Bush Intercontinental Airport (IAH) ensures high visibility and accessibility. The surrounding area features dense residential demographics and significant new construction, including multifamily developments, further enhancing the property's value and potential. Less than a mile from I-45 freeway and a Tesla service center/charger, this property benefits from excellent transportation links and proximity to modern amenities. This new construction retail space represents a rare opportunity to acquire a high-performing asset in a thriving Houston market.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2022
Total area 14,741 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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