12400 Gessner Rd Houston, TX 77071-2852
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.