22948 Imperial Valley Dr Houston, TX 77073
- Retail space
- 8,125 SF
- 0.53 lot acres
Current Use by Public Records
- Imperial Washateria / Laundromat
- Nice Dreams Smoke Vape / Vaporizer Store / Hookah Store
- Erika's Hair Salon / Hair Salon
Property Details for 22948 Imperial Valley Dr
- Year built
- 2009
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.53 lot acres
- Property size
- 8,125 SF
- Property type
- Retail space
- APN
- 1319160010001
- APU
- 1319160010001
Description
This exceptional Houston shopping center presents a compelling investment opportunity. Located at 22948 Imperial Valley Dr, Houston, TX 77073, in Harris County, this property boasts a +/- 7,500 square foot building situated on a +/- 0.53-acre lot. The center enjoys excellent visibility with approximately +/- 150.16 feet of frontage. Currently operating at 100% occupancy, this investment offers a strong cap rate of approximately 6.021%. Its strategic location provides convenient access to major transportation arteries, including proximity to I-45 (within 1 mile), FM 1960 Road (within 1 mile), and the Hardy Toll Road (within 3.1 miles). Furthermore, the property benefits from its relatively close proximity to George Bush Intercontinental Airport (approximately 13.1 miles) and the city of Spring (approximately 5.2 miles). This fully leased retail center represents a stable and potentially lucrative investment in a thriving Houston market. The property's size, location, and high occupancy rate make it an attractive option for investors seeking a strong return on investment. Detailed financial information is available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.421
- Latitude
- 30.03
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
