Property summary
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
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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