535 Airtex Blvd, Houston, TX 77090
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.
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.