9882 Southwest Fwy, Houston, TX 77036
This exceptional 2.3-acre Houston property, located at 9882 Southwest Fwy, 77036, presents a unique redevelopment opportunity. The existing 38,579 square foot building offers a versatile mix of spaces, including a 5,000 square foot freestanding restaurant and a 6,640 square foot vacant unit, alongside other occupied retail spaces. The property boasts 565 feet of frontage on Hwy 59 South (Southwest Freeway), a major thoroughfare with a high daily traffic count of 211,575 vehicles. This prime location benefits from a substantial population base, with over 500,000 people and 176,000 households within a 5-mile radius. The absence of zoning restrictions allows for a wide range of redevelopment possibilities, making this an attractive investment for developers seeking high-visibility retail space in a densely populated area of Harris County, Texas. The property's size and location provide significant potential for increased revenue and return on investment. This is a rare chance to acquire a substantial retail property in a high-traffic area with significant growth potential. The existing building provides immediate income potential while offering the flexibility for a complete transformation.
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
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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.