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Property profile & analytics
OFF-MARKET Estimated value $665,000
Strip malls

11415 Bellaire Blvd Houston, TX 77072-2572

17,348 SF 0.92 ac lot Built 2005
Entity Owned 18-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US83-3437733
Property summary
AI-generated overview

This thriving 1,100 square foot restaurant located at 11415 Bellaire Blvd, Suite K, Houston, Texas 77072, is available for $100,000. Currently generating a monthly rent of $3,300, this established business presents a unique opportunity for a savvy investor. Situated in a prime location on Bellaire Boulevard in Harris County, this turnkey operation boasts excellent visibility and high foot traffic. The sale includes the established business and the current owner will even share their recipe, ensuring a smooth transition for the new owner. The property is categorized as retail, specifically a restaurant, offering immediate income potential. The 1,100 square foot space is ready for immediate occupancy, eliminating the need for extensive renovations or build-out. This is an exceptional chance to acquire a profitable, established restaurant in a high-demand area. The property's coordinates are 29.7033253 latitude and -95.5806408 longitude. Don't miss this chance to own a piece of Houston's vibrant culinary scene.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2005
Construction CONCRETE BLOCKS
Total area 17,348 SF
Lot 0.92 ac (40,049 SF)
APN 991260000007
UPID US83-3437733
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
  • New Smiles Implant & Orthodontic Center Dental Office
  • Farmers Insurance - Kim Manh Insurance Agency
  • Champion Houston Insurance Agency Insurance Agency
  • Law Offices V.P.Luât Su' Law Firm
  • Jimmy Nguyen Bowden Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$695k
CAP Approach CAP
by Request
Comparable Approach Comparable
$633k
Blend (final) Blend
$665k
Owner & transaction history
Kimberly Corp · 18 yrs held
Kimberly Corp
since 2008
6 recorded transactions
2018
Price N/A
2008
Price N/A
2005
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $1.1M +141.9%
Retail stores $915,000 +99.6%
Apartment house (5+ units) $850,000 +85.4%
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