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Property profile & analytics
FOR LEASE
Banks

1575 Eldridge Pkwy Houston, TX 77077

5,188 SF 1.25 ac lot Built 2008
Entity Owned 15-yr Hold Absentee Owner Free & Clear
Property ID
US82-2048330
Property summary
AI-generated overview

This exceptional 3,600-square-foot retail space is ideally situated at the hard corner of Eldridge Parkway and Briar Forest Drive in Houston, Texas, within Harris County (zip code 77077). The property is a free-standing, second-generation bank building offering a convenient drive-thru. Its prominent location at the intersection provides excellent visibility and accessibility. The single-tenant storefront is currently vacant and presents a unique opportunity for a variety of retail businesses. Surrounding the property are numerous master-planned communities, multi-family residential developments, and established national retailers, ensuring a strong customer base and high foot traffic. The building's total square footage is 3,600 square feet, all of which is currently available for lease. This property represents a compelling investment opportunity in a thriving Houston market. The property's location offers easy access to major thoroughfares and a dense population base. The building's previous use as a bank suggests a layout well-suited for various retail configurations. This is a rare chance to secure a high-visibility retail space in a rapidly growing area.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2008
Construction FRAME
Total area 5,188 SF
Lot 1.25 ac (54,624 SF)
APN 1213570020006
UPID US82-2048330
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
  • BBVA Bank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Spectrum Investment Corp · 15 yrs held
Spectrum Investment Corp
since 2011
1 recorded transaction
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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