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Property profile & analytics
FOR SALE
Retail space

22948 Imperial Valley Dr Houston, TX 77073

8,125 SF 0.53 ac lot Built 2009
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US82-3710367
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2009
Construction CONCRETE BLOCKS
Total area 8,125 SF
Lot 0.53 ac (22,899 SF)
APN 1319160010001
UPID US82-3710367
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
Current use
Occupant on record · Public records
  • Imperial Washateria (Bike/Boat/Book/etc) Store
  • Nice Dreams Smoke Vape (Bike/Boat/Book/etc) Store Alternative Medicine Practice
  • Erika's Hair Salon Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Qnd INC
Qnd INC
1 recorded transaction
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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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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