Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Nwc Fm 1464 & Beechnut Rd Houston, TX 77407
    Back to Search
    Property profile & analytics

    Nwc Fm 1464 & Beechnut Rd Houston, TX 77407

    View on Map
    • Lifestyle centers
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lifestyle centers

    Property Details for 0 Nwc Fm 1464 & Beechnut Rd

    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    This exceptional investment opportunity presents a thriving 348-unit multifamily complex integrated with a retail shopping center. Strategically located at the northeast corner of FM 1464 and Beechnut Road in Richmond, Texas (zip code 77407), this property boasts unparalleled accessibility. Its proximity to major thoroughfares such as Westpark Tollway, Highway 6, and the Grand Parkway ensures high visibility and convenient access for both residents and shoppers. The retail component offers a variety of leasing options, including pad sites, making it an attractive proposition for a diverse range of businesses. The existing multifamily component comprises a substantial 348 units spread across three stories, providing a stable and significant income stream. This new development presents a unique blend of retail and residential uses, creating a vibrant and self-sustaining community. The property is situated in Fort Bend County, Texas, and offers significant potential for future growth and appreciation. Interested parties are encouraged to inquire for pricing and detailed financial information. This is a rare opportunity to acquire a high-performing asset in a rapidly developing area of Houston.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.688
    Latitude
    29.6852

    Comparable in this City

    • Value Estimation by Request

      Peek Rd

      Lifestyle centers
      0 Peek Rd, Richmond, TX 77407
      View Details
    • Value Estimation by Request
      9,000 SF

      18620 Bellfort St

      Day care centers • 9,000 SF
      18620 Bellfort St, Richmond, TX 77407
      View Details
    • Value Estimation by Request
      14,895 SF

      8727 Grand Mission Blvd

      Restaurants • 14,895 SF
      8727 Grand Mission Blvd, Richmond, TX 77407
      View Details
    • Value Estimation by Request

      21713 Farm To Market 1093

      Retail properties & Spaces
      21713 Farm To Market 1093, Richmond, TX 77407
      View Details
    • Value Estimation by Request
      26,190 SF

      21617 Farm To Market 1093

      Retail properties & Spaces • 26,190 SF
      21617 Farm To Market 1093, Richmond, TX 77407
      View Details
    • Value Estimation by Request
      12,823 SF

      8710 Grand Mission Blvd

      Retail properties & Spaces • 12,823 SF
      8710 Grand Mission Blvd, Richmond, TX 77407
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      23,581 SF

      Richmond Retail Investment Opportunity

      Multi-tenant retail center in a high-growth Richmond location.
      16803 W Airport Blvd, Richmond, TX 77407
      View Details
    • Contact for pricing
      8,000 SF

      Richmond Retail Building For Sale

      8,000 SF retail building in Bellaire Crossing Shopping Center.
      7131 Fm 1464 Rd, Richmond, TX 77407
      View Details
    • Contact for pricing
      4,842 SF

      Retail Space on Grand Mission

      Retail space available for sale on Grand Mission Boulevard.
      6909 Grand Mission Blvd, Richmond, TX 77407
      View Details
    • $5,096,000

      New Auto Shop NNN Lease

      New auto shop with a 20-year absolute NNN lease.
      7727 W Grand Pkwy S, Richmond, TX 77407
      View Details
    • Contact for pricing
      6,980 SF

      Auto Repair Facility For Sale

      Fully operational auto repair facility on a busy corridor.
      17306 Alief Clodine Rd, Richmond, TX 77407
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Center on Grand Parkway

      Retail center with frontage on Grand Parkway in Richmond, TX.
      7035 W Grand Pkwy S, Richmond, TX 77407
      View Details
    • Contact for pricing
      1,575 SF

      Richmond Retail Center For Lease

      9,460 SF multi-tenant retail center in Richmond, Texas.
      17627 Beechnut St, Richmond, TX 77407
      View Details
    • Contact for pricing
      3,936 SF

      Prime Houston Retail Space

      Two Suites Available, High Visibility
      3330 Richmond Ave, Richmond, TX 77407
      View Details
    • Contact for pricing

      Retail/Office Space Near Westpark Toll

      Divisible 1,910 SF space near George Bush High School.
      6611 Fm 1464 Rd, Richmond, TX 77407
      View Details
    • Contact for pricing

      Oaks Pavilion Restaurant Space

      Restaurant and entertainment centerpiece in Fort Bend County.
      21711 Fm 1093 Rd, Richmond, TX 77407
      View Details
    • $22 SF/Yr
      2,208 SF

      Orthodontics Space Available For Rent

      2,208 SF orthodontics space for rent. Monument signage available.
      7975 W Grand Pkwy S, Richmond, TX 77407
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Nwc Fm 1464 & Beechnut Rd
    Houston, TX 77407
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Nwc Fm 1464 & Beechnut Rd, Houston, TX, 77407
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!