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    14555 S Main St Houston, TX 77035

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    14555 S Main St Houston, TX 77035

    View on Map
    • Strip malls
    • 21,165 SF
    • 1.43 lot acres
    For Sale
    $6,500,000
    View Listing →
    Houston Commercial Property for Sale For Sale
    $6,500,000
    52,753 SF

    Houston Commercial Property for Sale

    Mixed-use, industrial, and retail property available in Houston, TX.

    14555 S Main St, Houston, TX 77035
    View Listing
    Property ID
    US82-3329292
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • African Braids By KAC DBA Haus Of Braids By KAC / Hair Salon / Nail Salon
    • Faces by Tay / (Bike/Boat/Book/etc) Store / Cosmetic Store
    • Affordable MRI / Medical Clinic

    Property Details for 14555 S Main St

    Year built
    1984
    Construction
    STEEL FRAME
    Lot size
    1.43 lot acres
    Property size
    21,165 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    1108600000002
    APU
    1108600000002

    Description

    This exceptional retail opportunity, South Main Center, is located at 14555 S Main St, Houston, TX 77035, in Harris County. The property is a multi-tenant shopping center offering a total of 20,853 square feet of retail space. Currently, there is 9,030 square feet of vacant space available, divisible into units ranging from a minimum of 900 square feet to a maximum contiguous space of 2,730 square feet. Four individual spaces are currently available for lease. This prime location in Houston presents a unique chance for businesses seeking high-visibility retail space. The property's convenient location and ample available space make it an ideal investment for a variety of retail ventures. Interested parties are encouraged to inquire for further details and leasing options. The property is classified as a shopping center and is categorized as retail.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $650,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $515,000
      Market price range: $395k - $767k

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $605,000
      Current use
      WAREHOUSE, STORAGE
      $965,000
      Change: +60% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.505
    Latitude
    29.6309
    CBSA code
    26420
    CBSA name
    HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $30,690
    $560,988
    $976,518
    $1,537,506
    -
    $560,988
    $976,518
    $1,537,506

    Comparable in this City

    • Value Estimation by Request
      5,600 SF

      10806 Post Oak Rd

      SHOPPING CENTER, STRIP CENTER • 5,600 SF
      10806 Post Oak Rd, Houston, TX 77035-3102
      View Details
    • Value Estimation by Request
      8,240 SF

      12401 Hillcroft St

      SHOPPING CENTER, STRIP CENTER • 8,240 SF
      12401 Hillcroft St, Houston, TX 77035-5307
      View Details
    • Value Estimation by Request
      12,031 SF

      10529 Post Oak Rd

      SHOPPING CENTER, STRIP CENTER • 12,031 SF
      10529 Post Oak Rd, Houston, TX 77035
      View Details
    • Value Estimation
      $605,000
      17,067 SF

      10421 Post Oak Rd

      SHOPPING CENTER, STRIP CENTER • 17,067 SF
      10421 Post Oak Rd, Houston, TX 77035-3303
      View Details
    • Value Estimation by Request
      12,180 SF

      11322 Fondren Rd

      SHOPPING CENTER, STRIP CENTER • 12,180 SF
      11322 Fondren Rd, Houston, TX 77035-2089
      View Details
    • Value Estimation by Request
      7,275 SF

      11135 Post Oak Rd

      SHOPPING CENTER, STRIP CENTER • 7,275 SF
      11135 Post Oak Rd, Houston, TX 77035-5736
      View Details

    Similar Nearby for Lease

    • Contact for pricing

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      Prime Retail Space in Houston

      Spacious retail property in a highly sought-after Houston location.
      14555 Main St, Houston, TX 77035
      View Details
    • Contact for pricing

      Retail/Office Space For Lease

      Retail and office spaces available for lease.
      10519 S Post Oak Rd, Houston, TX 77035
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      11,300 SF

      Auto Repair Shop For Lease

      Auto repair shop available for lease in Southwest Houston.
      5930 Greencraig Dr, Houston, TX 77035
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      Land Available For Lease

      Land for lease at 12355 Main Street, Houston, TX.
      12355 Main St, Houston, TX 77035
      View Details
    • Contact for pricing
      2,000 SF

      Warehouse Workshop with Office Space

      2000 SF warehouse with office, gated, and fenced.
      14435 Main St, Houston, TX 77035
      View Details
    View Listing
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    Houston, TX 77035
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    14555 S Main St, Houston, TX, 77035

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