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Property profile & analytics
FOR LEASE
Commercial real estate

1014 Wirt Rd Houston, TX 77055

43,890 SF 7.2 ac lot Built 1974
Entity Owned 20-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-4144667
Property summary
AI-generated overview

The Shoppes at Memorial Villages, a prime retail and industrial property in Houston, Texas, offers exceptional flexibility for businesses seeking space in Harris County. This 38,468 square foot shopping center is strategically located at the northeast corner of Interstate 10 (Katy Freeway) and Wirt Road, providing unparalleled accessibility and high visibility. The property features seven individual suites, with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 3,368 square feet, catering to a variety of business needs. Currently, there are 21,036 square feet of vacant space available, presenting a unique opportunity for expansion or new tenancy. The property's classification as both retail and industrial, specifically flex and warehouse space, makes it ideal for a diverse range of businesses. The address is 1014 Wirt Rd, Houston, TX 77055. This multi-tenant property offers a blend of convenience, visibility, and adaptability, making it an attractive investment in a thriving Houston market. Contact us today to learn more about the available spaces and leasing options.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1974
Construction STEEL FRAME
Total area 43,890 SF
Lot 7.2 ac (313,562 SF)
APN 421060000002
UPID US82-4144667
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
Current use
Occupant on record · Public records
  • Deen's Gyro Restaurant
  • Wakeupbeautybar Hair Salon Nail Salon
  • BuffBurger Restaurant
  • Salata Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$8.92M
Comparable Approach Comparable
$6.96M
Blend (final) Blend
$7.94M
Owner & transaction history
Silverwood Builders I INC · 20 yrs held
Silverwood Builders I INC
since 2005
3 recorded transactions
2005
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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