1530 Kenforest Dr Missouri City, TX 77489
Property profile & analytics
1530 Kenforest Dr Missouri City, TX 77489
- Commercial real estate
- 14,710 SF
- 1.07 lot acres
Property ID
US82-2220294
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.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 1530 Kenforest Dr
- Year built
- 1980
- Lot size
- 1.07 lot acres
- Property size
- 14,710 SF
- Zone code
- X
- Property type
- Commercial real estate
- APN
- 0264-00-000-0116-907
- APU
- 264000000116907
Description
This exceptional 14,720-square-foot retail strip center in Missouri City, Texas, presents a compelling investment opportunity. Boasting a 6.04% cap rate and a strong net operating income (NOI) of $173,808, this property offers substantial financial returns. The single-story, 1980-built building sits on a 1.07-acre lot and features 10 units with 90% occupancy across nine tenants. The property benefits from a prime location on Kenforest Dr in Missouri City (77489), offering excellent visibility and accessibility. Its proximity to Texas Pkwy, the HCC campus, Discount Tire, and expanding residential areas ensures consistent foot traffic and strong potential for future growth. The ample 62-space parking lot caters to both tenants and customers. The property is zoned for retail use and offers pylon signage opportunities. This well-maintained Class C center presents a rare chance to acquire a stable, high-performing asset in a thriving market. The property's strong tenant base, many of whom are long-term, contributes to its consistent income stream. This mixed-use property is a turnkey investment ready for immediate returns. The asking price is $2,880,000.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,205,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Missouri City
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.5263
- Latitude
- 29.6048
- 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
2023
$25,729
$116,668
$2,443,753
$2,560,421
-
$116,668
$2,443,753
$2,560,421
