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    Property profile & analytics
    OFF-MARKET Estimated value $730,000
    Strip malls

    13311 Hargrave Rd, Houston, TX 77070-4313

    24,800 SF 1.68 ac lot Built 2015
    Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US82-4755466
    Property summary
    AI-generated overview

    This exceptional 24,800 square foot multi-tenant building, located at 13311 Hargrave Road in Houston, Texas (zip code 77070), offers a prime opportunity for businesses seeking versatile space. The property is zoned for retail, office, and restaurant uses, currently configured as executive and medical office space. Situated in Harris County, this building boasts excellent visibility on Hargrave Road, providing significant exposure to potential customers. The building features convenient elevator and stairwell access to the second floor, ensuring easy navigation for tenants and their clients. Lease terms are structured as base rent plus NNN charges. The location offers unparalleled accessibility, with easy access to Highway 249 and close proximity to the Sam Houston Tollway/Beltway 8, facilitating seamless commutes for employees and clients. A significant advantage is its adjacency to Houston Methodist Willowbrook Hospital, the largest hospital system in Northwest Harris County, creating a high-traffic area with a substantial potential customer base. Furthermore, the property benefits from its proximity to Willowbrook Mall (approximately one mile northwest) and a dense residential area, with approximately 1,800 residential rooftops within a one-mile radius, ensuring a strong local market. This presents a unique opportunity to establish a thriving business in a high-demand location.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 2015
    Construction FRAME
    Total area 24,800 SF
    Lot 1.68 ac (73,115 SF)
    APN 1307100010002
    UPID US82-4755466
    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
    • Yoshi's Kitchen Specialty Food Shop
    • Dr. Muhammad Hanif, MD Physician
    • Northwest Internal Medicine Specialists Medical Clinic
    • Northwest Internal Medicine: Poonawala Ali MD Physician
    • Farah Poonawala Pediatrician Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $660k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $802k
    Blend (final) Blend
    $730k
    Owner & transaction history
    Woodwill Dev LLC · 6 yrs held
    Woodwill Dev LLC
    since 2020
    3 recorded transactions
    2020
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Apartment house (5+ units) $1.1M +74.7%
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