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FOR LEASE
Strip malls
17335 Fm 529 Rd, Houston, TX 77095
Entity Owned
16-yr Hold
Free & Clear
Property ID
US82-1870999
For Lease
1 / 4
Contact for pricing
17335 Fm 529 Rd, Houston, TX 77095
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Property summary
AI-generated overview
This 10,050 square foot Class B retail center, built in 2007, is located in Houston, Texas, at 17335 FM 529, at the corner of FM 529 and Glenstein Drive. Situated on a 1.08-acre lot in Harris County, zip code 77095, the property features 32 total parking spaces and is a single-story building. Currently, the center has multiple tenants, including Angel Watch Academy and Franka Braiding Salon. One retail space of 1,665 square feet is currently available. The property's convenient location is near Langham Creek High School, offering excellent visibility and accessibility. This presents a strong investment opportunity in a well-established retail area. The property offers a blend of established tenants and the potential for new business growth. The single-story design and ample parking provide convenience for both tenants and customers.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2007
Construction
CONCRETE BLOCKS
Total area
11,420 SF
Lot
1.08 ac (46,905 SF)
APN
1296690010001
UPID
US82-1870999
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
-
Healing hands hair salon Hair Salon
-
Beauty Ministry by Tiffany Hair Salon Nail Salon
-
Discount Floors & Carpet Big Box & Wholesale Store Building Supply
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Angel Watch Academy High School
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Fully Promoted Cypress, TX Marketing & Advertising
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
Wells Fargo Bank NA · 16 yrs held
Wells Fargo Bank NA
since 2009
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Houston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Houston submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$8,878
Tax year 2022
Assessed value
$1,364,002
Assessed 2024
Previous assessed
$1,292,253
+5.6% YoY
Effective rate
0.65%
On assessed value
Assessed land
$357,263
Assessed improvement
$1,006,739
Land market value
$357,263
Improvement market value
$1,006,739
Total market value
$1,364,002
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
2007
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Total area
11,420 SF
Lot
1.08 ac (46,905 SF)
APN
1296690010001
UPID
US82-1870999
Jurisdiction
HARRIS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2007
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Buildings
1
Lot
1.08 ac
Current owner
From public records · entity-resolved
Wells Fargo Bank NA
Entity
Free & Clear · 16 yrs held
Mailing address
PO BOX 1119, DRIPPING SPRINGS, TX 78620-1119
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2009
—
Wells Fargo Bank NA
Thomas Ron K
Trustees Deed
related
—
Nov 8, 2006
—
D Investments
—
Trustees Deed
related
$1,100,000 · Wells Fargo Bank
—
—
D Investments
—
Deed Of Trust
related
$150,000 · Wells Fargo Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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