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    OFF-MARKET
    Retail space

    22513 Community Dr, New Caney, TX 77357-4941

    7,200 SF 0.48 ac lot Built 1972
    Individually Owned Free & Clear
    Property ID
    US83-2466001
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    OAKLEY JAMES PAUL OAKLEY
    OAKLEY JAMES PAUL OAKLEY
    Zoning & alternative use
    5 · New Caney, TX
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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