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Property profile

7911 Farm To Market 1960 Rd Houston, TX 77064

OFF-MARKET
Retail properties & Spaces
27,226 SF 1.7 ac lot Built 1995
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Property summary

AI-generated overview

This exceptional 27,226-square-foot retail storefront, located at 7911 Farm to Market 1960 Rd W in Houston, Texas, presents a compelling investment opportunity. Built in 1995, this single-story building sits on a 1.7-acre lot and boasts 100% occupancy. Strategically positioned at the hard corner of FM 1960 and Highway 249, the property benefits from exceptionally high traffic volume, with nearly 175,000 vehicles passing daily. The surrounding area demonstrates significant population growth, experiencing a nearly 23% increase since 2010 within a one-mile radius. This strong demographic base is further enhanced by the presence of national tenants occupying 29% of the center, exhibiting an impressive average tenure exceeding 29 years. The property offers below-market rents, making it an attractive acquisition for investors seeking a strong return on investment in a high-growth market. The property's location in Harris County, zip code 77064, provides easy access to major transportation arteries and a thriving consumer base. This is a rare opportunity to acquire a well-established retail center in a prime Northwest Houston location.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1995
Total area 27,226 SF
Lot 1.7 ac (74,052 SF)

Cap rate & NOI

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

Location

7911 Farm To Market 1960 Rd Houston, TX 77064
Houston metro
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Value estimations

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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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