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9882 Southwest Fwy Houston, TX 77036

OFF-MARKET Lifestyle centers Google Maps
38,579 SF 2.3 ac lot
Estimated value
No estimation on file for this property yet.
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

Value estimations

Realmo proprietary · 4 methods
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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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