Technical
Financial
Distress signals
Property profile

20669 West Lake Houston Pkwy Humble, TX 77346

FOR LEASE
Strip malls
Property ID
US82-6346385
22,915 SF 2.3 ac lot Built 2004
Entity Owned 9-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 20,948 square foot Class A retail center, located at 20669 W Lake Houston Pkwy, Humble, TX 77346, presents a unique leasing opportunity in the thriving Kings Lake Estates submarket. The property boasts a single, one-story building with 10 suites, offering flexible spaces ranging from a minimum of 1,782 square feet to a maximum contiguous space of 3,240 square feet. Currently, 5,022 square feet are vacant, providing immediate occupancy potential. The center is ideally suited for a variety of uses, including retail, restaurant, and special purpose tenants, as indicated by its Commercial zoning. With ample parking (133 spaces) and excellent visibility from W. Lake Houston Parkway, this location ensures high traffic and accessibility. The property benefits from its strategic position in a densely populated area, with average household incomes exceeding $100,000 within a 5-mile radius, and high daily traffic volume exceeding 120,000 vehicles. The center's location between Atascocita and Kingwood provides convenient access to a large customer base. This is a rare opportunity to secure a space in a thriving retail center with strong demographics and high visibility. The property is conveniently located near Upper Lake Drive.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2004
Construction BRICK
Total area 22,915 SF
Lot 2.3 ac (100,275 SF)
APN 1191890010003
UPID US82-6346385

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
  • (Bike/Boat/Book/etc) Store Florist
  • Bank Loan Service
  • Bakery Discount Store
  • Nail Salon
  • Clothing & Fashion Store

Location

20669 West Lake Houston Pkwy Humble, TX 77346
Humble metro Census 250701 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$580k
CAP Approach CAP
by Request
Comparable Approach Comparable
$694k
Blend (final) Blend
$635k

Owner & transaction history

since 2017
3 recorded transactions
2017
$4.0M
1969
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
Try Rey
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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message