22513 Community Dr, New Caney, TX 77357-4941
This exceptional investment opportunity presents a 7,200 square foot multi-tenant retail center situated on a 0.48-acre lot at 22513 Community Dr, New Caney, Texas, 77357. Currently 100% leased, the property boasts excellent visibility and accessibility due to its prime location on Hwy 99. The center benefits from convenient access to major thoroughfares including I-69 (Hwy 59), Hwy 99 (Grand Parkway), and Loop 494, ensuring high traffic volume and exposure. Utilities are provided by New Caney MUD. This property is strategically located near the Valley Ranch Town Center, further enhancing its appeal and potential for growth. The asking price is $1,190,388, translating to $165.33 per square foot. Adding to its investment allure, this property is located within an Opportunity Zone, offering potential tax advantages. The proximity to Houston and George Bush Intercontinental Airport (IAH), approximately 15 miles away, provides additional value and accessibility. This is a rare opportunity to acquire a thriving retail center in a rapidly developing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
5 · New Caney, TXNew Caney. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.