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Property profile & analytics
FOR LEASE
Strip malls

1900 Blalock Rd Houston, TX 77080

24,767 SF 1.4 ac lot Built 1984
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US82-0158307
Property summary
AI-generated overview

This exceptional retail opportunity presents the Blalock Shopping Center, a well-established neighborhood center situated in Houston's Spring Branch District. Strategically located at the northeast corner of Blalock and Campbell Roads, this property boasts high visibility and convenient access for customers. The center comprises 22,988 square feet across 15 individual suites, offering a diverse range of tenancy options. Built in 1984 and extensively renovated in 2018, the property is in excellent condition and ready for immediate occupancy. Currently, there is 4,040 square feet of vacant space available, presenting a unique chance for expansion or new business ventures. The center sits on a sizable 1.4-acre lot, providing ample parking and room for future development. This Harris County property offers a strong investment potential with its established location, recent renovations, and available space. The property's prime location within a thriving community ensures consistent foot traffic and a strong customer base. With its blend of established tenants and available space, the Blalock Shopping Center is an ideal investment for both seasoned and emerging retail businesses. The 1,700 square foot available space is particularly attractive for a variety of retail uses. This is a rare opportunity to acquire a well-maintained, high-traffic retail center in a desirable Houston location. The property's 77080 zip code further underscores its strategic position within a vibrant and growing market.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1984
Construction CONCRETE BLOCKS
Total area 24,767 SF
Lot 1.4 ac (60,853 SF)
APN 751250000082
UPID US82-0158307
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
  • SJT Multiservices Auto Insurance Agency Notary Public
  • Victorious Lifestyle Taekwondo Gym & Fitness Center Sports School
  • Panamericana Family Clinic Medical Clinic
  • Iworks Personnel Employment Agency
  • Tasty Box Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$580k
CAP Approach CAP
by Request
Comparable Approach Comparable
$731k
Blend (final) Blend
$655k
Owner & transaction history
Blossom Dev INC
Blossom Dev INC
1 recorded transaction
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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