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17335 Fm 529 Rd Houston, TX 77095

Strip malls Google Maps
11,420 SF 1.08 ac lot Built 2007
Entity Owned 16-yr Hold Free & Clear
Estimated value (blended)
$400k
Range $360k – $440k (±10%)
Property ID US82-1870999

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

Current use

Occupant on record · Public records
  • Hair Salon
  • Hair Salon Nail Salon
  • Big Box & Wholesale Store Building Supply
  • High School
  • Marketing & Advertising

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$400k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$400k

Owner & transaction history

since 2009
3 recorded transactions
2009
Price N/A
2006
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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