Technical
Financial
Distress signals
Property profile

506 19th St Houston, TX 77008

OFF-MARKET
Strip malls
Property ID
US82-0245194
12,854 SF 0.79 ac lot Built 2000
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

Heights Marketplace, a vibrant retail center in Houston's desirable Heights neighborhood, presents a unique investment opportunity. Situated on historic West 19th Street, this property comprises two buildings totaling 25,000 square feet of retail space. The center offers multiple tenancy options, with four individual suites available for lease. Spaces range from a minimum of 800 square feet to a maximum contiguous space of 1,889 square feet, providing flexibility for a variety of retail businesses. Currently, there are 5,139 square feet of vacant space ready for immediate occupancy. This prime location in the heart of the Heights offers high visibility and accessibility, benefiting from significant foot traffic and proximity to residential areas. The property is located in Harris County, Texas, with the full address being 506 W 19th St, Houston, TX 77008. This is an exceptional chance to establish or expand your retail presence in a thriving, established community. The property's strong location and flexible space options make it an ideal investment for discerning entrepreneurs seeking a high-impact retail location. Contact us today to learn more about leasing opportunities and explore the potential of Heights Marketplace.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2000
Construction STEEL FRAME
Total area 12,854 SF
Lot 0.79 ac (34,321 SF)
APN 200950000001
UPID US82-0245194

Cap rate & NOI

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

Location

506 19th St Houston, TX 77008-3612
Houston metro Census 511301 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$575k
CAP Approach CAP
by Request
Comparable Approach Comparable
$626k
Blend (final) Blend
$600k

Owner & transaction history

since 2025
7 recorded transactions
2025
Price N/A
2020
Price N/A
2020
Price N/A
2004
Price N/A
1998
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $975,000 +79.6%
Apartment house (5+ units) $945,000 +74.0%
Warehouse, storage $920,000 +69.5%

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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