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Property profile & analytics
OFF-MARKET Estimated value $1,320,000
Community centers

12523 Westheimer Rd Houston, TX 77077-5807

157,361 SF 12.93 ac lot Built 1993
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US83-3727060
Property summary
AI-generated overview

This exceptional retail space at 12523 Westheimer Rd, Houston, TX 77082, offers a prime location at the intersection of Westheimer and Dairy Ashford Roads. The property, known as Westheimer Marketplace, is a multi-tenant building totaling 141,498 square feet, built in 1993. Currently, 7,150 square feet of vacant space is available, with a minimum divisible unit of 3,000 square feet and a maximum contiguous space of 4,150 square feet. This presents a unique opportunity for businesses seeking build-to-suit options to tailor their space to their specific needs. The ample parking provides a convenient 5.83 spaces per 1,000 square feet. The property's strategic location within a bustling Houston commercial district ensures high visibility and accessibility for customers. This is an ideal opportunity for businesses looking to establish or expand their presence in a thriving market. The property's history includes a former nail salon occupying 2,000 square feet, demonstrating the versatility of the space. This build-to-suit opportunity allows for customization and flexibility, making it an attractive option for a variety of retail businesses. Don't miss this chance to secure a prominent retail location in a high-traffic area of Houston. Contact us today to learn more about this exciting opportunity.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1993
Construction STEEL FRAME
Total area 157,361 SF
Lot 12.93 ac (563,209 SF)
APN 1176920010001
UPID US83-3727060
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
  • Chuck E. Cheese Restaurant
  • Buddy V's Cake Slice Restaurant Take-out & Catering
  • Tesla Supercharger Electric Vehicle Charging Station
  • Westheimer Market Place Business Service Center Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.32M
Owner & transaction history
Skj Westheimer Marketplace LLC · 8 yrs held
Skj Westheimer Marketplace LLC
since 2018
7 recorded transactions
2018
Price N/A
2006
Price N/A
2005
Price N/A
1996
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
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