22948 Imperial Valley Dr Houston, TX 77073
For Sale
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This exceptional Houston shopping center presents a compelling investment opportunity. Located at 22948 Imperial Valley Dr, Houston, TX 77073, in Harris County, this property boasts a +/- 7,500 square foot building situated on a +/- 0.53-acre lot. The center enjoys excellent visibility with approximately +/- 150.16 feet of frontage. Currently operating at 100% occupancy, this investment offers a strong cap rate of approximately 6.021%. Its strategic location provides convenient access to major transportation arteries, including proximity to I-45 (within 1 mile), FM 1960 Road (within 1 mile), and the Hardy Toll Road (within 3.1 miles). Furthermore, the property benefits from its relatively close proximity to George Bush Intercontinental Airport (approximately 13.1 miles) and the city of Spring (approximately 5.2 miles). This fully leased retail center represents a stable and potentially lucrative investment in a thriving Houston market. The property's size, location, and high occupancy rate make it an attractive option for investors seeking a strong return on investment. Detailed financial information is available upon request.
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Erika's Hair Salon Hair Salon
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
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.