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Property profile & analytics
OFF-MARKET Estimated value $695,000
Strip malls

18006 Park Row Houston, TX 77084-7906

20,451 SF 2.06 ac lot Built 2016
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-9398961
Property summary
AI-generated overview

The Shops at Ten Oaks I, located at 18006 Park Row in Houston, Texas, 77084, offers exceptional retail space within a thriving Harris County community. This strip center boasts a total of 19,953 square feet of leasable area, providing flexibility for various business needs. Multiple tenancies are available, with a minimum divisible space of 966 square feet and a maximum contiguous space of 8,760 square feet, catering to a range of business sizes and requirements. The property's strategic location in Houston ensures high visibility and accessibility for customers. This presents a unique opportunity for businesses seeking a well-established retail presence in a dynamic market. The property's design and layout are optimized for retail operations, offering ample space for both storefront display and back-of-house functions. Interested parties are encouraged to inquire about available spaces and lease terms to explore the potential of establishing their business at this prime Houston location. The property is situated in a high-traffic area, promising significant foot traffic and potential for increased sales. This makes the Shops at Ten Oaks I an attractive investment for businesses looking to expand their reach and capitalize on the vibrant Houston market.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2016
Construction STEEL FRAME
Total area 20,451 SF
Lot 2.06 ac (89,559 SF)
APN 1321260010005
UPID US82-9398961
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
  • M K Pharmacy Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$700k
CAP Approach CAP
by Request
Comparable Approach Comparable
$690k
Blend (final) Blend
$695k
Owner & transaction history
Nile United Properties INC · 7 yrs held
Nile United Properties INC
since 2019
1 recorded transaction
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $950,000 +79.7%
Warehouse, storage $765,000 +44.8%
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