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    Property profile & analytics
    OFF-MARKET Estimated value $520,000
    Strip malls

    3811 Ctr St, Deer Park, TX 77536-6596

    10,804 SF 1.07 ac lot Built 2011
    Entity Owned 11-yr Hold Absentee Owner Free & Clear
    Property ID
    US82-9244518
    Property summary
    AI-generated overview

    This exceptional retail opportunity presents itself at Shoppes at Town Square III, a Harris County shopping center offering two vacant suites for lease. The property boasts a total of 2,727 square feet, with each suite independently sizable. One suite offers a minimum of 1,240 square feet, while the maximum contiguous space available is 1,487 square feet. This presents a flexible leasing option for businesses seeking a variety of footprints. The entire shopping center is currently available for lease, providing a unique chance for a single tenant to occupy the entire space or for two separate businesses to establish themselves in a vibrant retail environment. The property is classified as a multi-tenant retail space, indicating a potential for synergistic business relationships within the center. The property's location in Harris County offers access to a substantial customer base and benefits from existing infrastructure and local amenities. This is an ideal location for businesses seeking high visibility and convenient access for their customers. The property is ready for immediate occupancy, allowing for a swift and efficient start to operations. Interested parties are encouraged to inquire further to explore the possibilities this prime retail space offers.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 2011
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 10,804 SF
    Lot 1.07 ac (46,531 SF)
    APN 1353090010003
    UPID US82-9244518
    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
    • Sun Dental Group Dental Office
    • AT&T Store Mobile Phone Store Electronics & Wireless Store
    • Garage Door Deer Park Construction Company General Contractor
    • R & O Gutter Installation & Cleaning Hardware & Home Improvement General Contractor
    • Spud Shack Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $620k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $417k
    Blend (final) Blend
    $520k
    Owner & transaction history
    SCG DEER PARK LLC & SHOPPES PHASE
    SCG DEER PARK LLC & SHOPPES PHASE
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $810,000 +166.2%
    Medical building $710,000 +133.9%
    Apartment house (5+ units) $665,000 +118.9%
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