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Property profile & analytics
OFF-MARKET
Gas stations

12400 Gessner Rd Houston, TX 77071-2852

6,589 SF 0.7 ac lot Built 1996
Individually Owned Absentee Owner Free & Clear
Property ID
US82-2242718
Property summary
AI-generated overview

This exceptional investment opportunity presents a +/- 2,725 square foot convenience store and gas station situated on a +/- 0.7-acre lot at the signalized intersection of South Gessner Road and West Airport Boulevard in Houston, Texas. The property boasts excellent visibility and is less than half a mile from the Sam Houston Tollway, ensuring high traffic volume. Currently, the convenience store tenant pays $6,600 per month, with a lease term of three years remaining and a five-year option available. The owner reports estimated monthly inside sales of $65,000 (excluding lottery sales) and estimated monthly outside fuel sales of 35,000-40,000 gallons. There is no existing fuel supply agreement, offering a new owner the flexibility to negotiate new fuel contracts, branding opportunities, and potential incentives to increase sales volume. The property includes three fiberglass fuel tanks (6,000, 8,000, and 12,000 gallons) installed in 1996 and four Gilbarco MP3s (2017). Located in Harris County within the Houston ISD, the property benefits from a 2023 total tax rate of $2.12 per $100 of assessed value. The asking price is $1,600,000, representing a price per square foot of $587.16. This is a prime retail investment with significant income potential and operational flexibility. The property is zoned for retail use and is located at 12400 S Gessner Rd, Houston, TX 77071.

Property profile
Verified
Property type Gas stations
Use group GAS STATION
Year built 1996
Construction METAL FRAME
Total area 6,589 SF
Lot 0.7 ac (30,627 SF)
APN 430620000054
UPID US82-2242718
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
  • Coin Time Bitcoin ATM Currency Exchange Service Investment Service
  • Bitstop Bitcoin ATM Crypto Atm Atm
  • ATM (ATM Link, Inc.) Atm
  • Spin N Mart Gas Station
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
B & ENTERPRISE
B & ENTERPRISE
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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