Property profile

22513 Community Dr New Caney, TX 77357

OFF-MARKET
Retail space
Property ID
US83-2466001
7,200 SF 0.48 ac lot Built 1972
Individually Owned Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1972
Total area 7,200 SF
Lot 0.48 ac (20,909 SF)
Zoning code 5
APN 7622-01-05100
UPID US83-2466001

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

22513 Community Dr New Caney, TX 77357-4941
New Caney metro Census 692501 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

Zoning & alternative use

5 · New Caney, TX

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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