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    OFF-MARKET
    Lifestyle centers

    9882 Southwest Fwy, Houston, TX 77036

    38,579 SF 2.3 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Lifestyle centers
    Total area 38,579 SF
    Lot 2.3 ac (100,188 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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