10 Uvalde Rd Houston, TX 77015
- Outlet malls
- 31,764 SF
- 3.06 lot acres
Current Use by Public Records
- Fallas Paredes Discount Stores / Home Goods Store / Toy Store
- Dollar Tree / Discount Store / Home Goods Store
Property Details for 10 Uvalde Rd
- Year built
- 1984
- Construction
- STEEL FRAME
- Lot size
- 3.06 lot acres
- Property size
- 31,764 SF
- Property type
- Outlet malls
- APN
- 1156190000003
- APU
- 1156190000003
Description
This Houston, Texas retail shopping center presents a compelling redevelopment opportunity. Located at 10 Uvalde Rd, Houston, TX 77015, this fee simple property boasts 29,597 square feet on a 3.06-acre lot. Currently, the center has 39% occupancy with a single, credit-rated Dollar Tree tenant under a NNN lease with 10 years remaining. The property benefits from a high-traffic location at the southwest corner of Wallisville Rd & Uvalde Rd, seeing over 45,000 combined daily vehicles. Its proximity to Beltway 8 and Highway 90 provides convenient access to the entire Houston MSA. The building is available for sale or lease and presents a below replacement cost investment opportunity for owner-users seeking a value-add project. This multi-tenant property offers significant potential for increased occupancy and revenue. The property is situated in Harris County and offers excellent visibility and accessibility. The existing structure is a former Fallas Paredes building.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $770,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,030,000
- 6.5%
- $1,085,000
- 7%
- $1,020,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,060,000
- Geo Method
- $1,095,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,140,000
- Retail
- $1,105,000
- Mixed-Use
- $960,000
- Hospitality
- $1,070,000
- Educational
- $1,190,000
- Residential Income
- $1,085,000
- Energy
- $1,165,000
- Income-Based Land
- $1,000,000
- Food Service
- $945,000
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.1837
- Latitude
- 29.8054
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
