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Property profile & analytics
FOR SALE
Community centers

14440 Hillcroft St Houston, TX 77085

70,977 SF 10.4 ac lot Built 2009
Entity Owned 17-yr Hold Absentee Owner Free & Clear
Property ID
US82-0973128
Property summary
AI-generated overview

The Crossing at Fort Bend, located at 14440 Hillcroft St, Houston, TX 77085, presents a unique opportunity for retail businesses seeking a prominent presence in Harris County. This Class B shopping center offers a total of 237,055 square feet of retail space, currently entirely vacant and available for lease. The property consists of a single building with multiple suites, providing flexibility for various tenant needs. Space options range from a minimum of 1,262 square feet to a maximum contiguous space of 20,053 square feet, catering to a wide array of business sizes. The property sits on a sizable lot ranging from 0.88 to 1.85 acres, offering ample space for parking and potential future expansion. Its strategic location in Houston ensures high visibility and accessibility for customers. This is an exceptional opportunity to establish or expand a retail business in a thriving market. The property's significant size and flexible space options make it ideal for a variety of retail concepts, from smaller boutiques to larger anchor tenants. The high vacancy rate presents a blank canvas for a visionary entrepreneur or a group of synergistic businesses. This property is classified as both Retail and Land, offering a unique combination of immediate occupancy and potential for future development.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 2009
Construction STEEL FRAME
Total area 70,977 SF
Lot 10.4 ac (453,111 SF)
APN 1278140010001
UPID US82-0973128
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
  • Garden Center at The Home Depot Garden Center
  • Tool & Truck Rental Center at The Home Depot Rental Equipment Company
  • Pro Desk at The Home Depot Big Box & Wholesale Store Building Supply
  • Home Services at The Home Depot General Contractor
  • OMG Baked Potatoes LLC (Food Truck) Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$925k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.65M
Blend (final) Blend
$1.29M
Owner & transaction history
Owp Fort Bend Retail LLC · 17 yrs held
Owp Fort Bend Retail LLC
since 2009
1 recorded transaction
2009
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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