1859 Kingwood Dr Kingwood, TX 77339-3047
This exceptional retail property, a former bank building, presents a unique investment opportunity in the thriving Kingwood, Texas market. The building boasts 2,961 square feet of usable space, ideally suited for a variety of retail ventures. Situated on a 0.85-acre lot, the property offers ample space for expansion or additional development. Its strategic location on Kingwood Drive provides excellent visibility and accessibility, benefiting from its position as an east/west connector to the Eastex Freeway, ensuring high traffic volume and prominent exposure to potential customers. The building's previous use as a bank suggests a solid foundation and potentially desirable features, such as secure vaulting or robust security systems. This property is perfect for an entrepreneur seeking a well-established location with high traffic counts or an investor looking for a strong return on investment in a rapidly growing area. The property's address is 1859 Kingwood Drive, Houston, Texas, 77339, within Harris County. The substantial lot size offers significant potential for future development or expansion, making this a truly versatile and attractive commercial property. This is a rare opportunity to acquire a well-positioned retail space in a desirable Kingwood location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.