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2155 Durham Dr Houston, TX 77007

Retail space Google Maps
4,898 SF 0.36 ac lot Built 2013
Entity Owned 13-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$630k
Range $567k – $693k (±10%)
Property ID US82-9441566

Property summary

AI-generated overview

This exceptional retail opportunity is located within the highly sought-after Heights area of Houston, Texas, offering unparalleled visibility and access. The Durham Shopping Center boasts a total of 3,930 square feet, with one immediately available space of 1,430 square feet, perfect for a variety of retail uses. Situated conveniently off I-10 and prominently positioned on Durham Drive, the property benefits from clear visibility from the Katy Frontage Road, ensuring high traffic exposure. This location is within one of Houston's strongest retail trade areas, placing your business in close proximity to a thriving commercial environment. The presence of a newly established Whole Foods Market and other successful retailers in the immediate vicinity further enhances the desirability and potential for success. This multi-tenant building presents a fantastic chance to establish or expand your retail presence in a dynamic and high-demand location. The property is located in Harris County. Don't miss this opportunity to secure a prime retail space in a flourishing Houston neighborhood.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2013
Construction STEEL & CONCRETE
Total area 4,898 SF
Lot 0.36 ac (15,499 SF)
APN 1344650010001
UPID US82-9441566

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 Bakery
  • Shopping Center & Mall
  • Restaurant
  • Business To Business Service Commercial Agent
  • Shopping Center & Mall

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$562k
Blend (final) Blend
$630k

Owner & transaction history

since 2012
2 recorded transactions
2012
Price N/A
2007
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $980,000 +89.9%
Auto repair, garage $640,000 +23.9%

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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