Property profile

12450 Bissonnet St Houston, TX 77099

OFF-MARKET
Strip malls
Property ID
US83-3898738
24,768 SF 1.74 ac lot Built 1983
Entity Owned 12-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Houston, Texas retail property, located at 12450 Bissonnet St, zip code 77099, in Harris County, offers 1,500 square feet of space within a larger 23,482 square foot strip center. The property features a modern design with customized floor plans, providing flexibility for various business needs. Ample parking is available for customers and employees, enhancing convenience and accessibility. Advanced security features are in place to ensure the safety and security of tenants and their operations. The location benefits from proximity to the vibrant Sugar Land Town Square, offering a wealth of dining, shopping, and entertainment options. This prime location provides easy access to major roadways and a diverse range of businesses, creating a thriving commercial environment. The area also boasts beautiful parks and highly-rated schools, contributing to a desirable work-life balance for employees and attracting a strong customer base. This property presents a compelling opportunity for businesses seeking a well-connected and attractive location in a dynamic market. The seamless blend of form and function makes this space ideal for a variety of retail uses.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1983
Construction STEEL FRAME
Total area 24,768 SF
Lot 1.74 ac (75,990 SF)
APN 1071670000003
UPID US83-3898738

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Nail Salon
  • General Contractor
  • Hotel & Motel Resort
  • Tax Preparation
  • Take-out & Catering Butcher

Location

12450 Bissonnet St Houston, TX 77099-1276
Houston metro Census 453702 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$640k
CAP Approach CAP
by Request
Comparable Approach Comparable
$523k
Blend (final) Blend
$580k

Owner & transaction history

since 2013
7 recorded transactions
2023
Price N/A
2023
Price N/A
2019
Price N/A
2013
Price N/A
2013
Price N/A
2009
Price N/A
2005
Price N/A

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $770,000 +14.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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