Individually Owned Property summary
AI-generated overview
This exceptional 16,395-square-foot retail storefront property, built in 2000, is situated on a 1.7-acre lot in Houston, Texas. Located at 5115 Buffalo Speedway, zip code 77005, this single-story center enjoys a highly visible corner location at the intersection of Buffalo Speedway and Westpark Drive, just south of Highway 59. Currently housing Starbucks and Sports Clips, the property benefits from its proximity to a high-performing HEB grocery store and a Kroger across the street. This strategic location draws significant consumer traffic from affluent residential neighborhoods including West University and River Oaks, as well as daytime traffic from the Greenway Plaza submarket and the Texas Medical Center. The property presents a compelling investment opportunity due to its strong performance and potential for rental rate increases. The property's location within Houston's Inner Loop - University submarket ensures consistent demand and high visibility. This is a rare chance to acquire a well-established retail asset in a thriving area.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1999
Construction
BRICK
Total area
17,465 SF
Lot
1.7 ac (74,183 SF)
APN
1190730000002
UPID
US83-3997201
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Dental Office
-
Hair Salon
-
Dental Office
-
Bakery Specialty Food Shop
-
Bakery Take-out & Catering
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$830k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$894k
Blend (final)
Blend
$860k
Owner & transaction history
1 recorded transaction
Zoning & alternative use
Top alternative use upside
Retail stores
$1.4M
+126.9%
Medical building
$1.1M
+84.3%
Apartment house (5+ units)
$1.0M
+69.6%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$860k
Value range
$774k – $946k
±10% around blend
Estimated value / SF
$49 / SF
Confidence
Property data
88
Comparable evidence
60
$774k
blend $860k
$946k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
17,465 SF
Lot area
1.7 ac
Year built
1999
Stories
1
APN
1190730000002
Assessed value
$8,675,100
Annual tax
$192,703
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$894k
Range $199k – $894k
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$860k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Retail Stores
Gross theoretical uplift
+127%
vs current-use indication
Medical Building
Apartment House (5+ Units)
Office Building
Neighborhood: Shopping Center · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$8.68M
Move the market yield to see immediate price impact.
Value / SF
$497
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$547k
$10.93M
$7.81M
$6.07M
$607k
$12.15M
$8.68M
$6.75M
$668k
$13.36M
$9.54M
$7.42M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$192,703
Tax year 2022
Assessed value
$8,675,100
Assessed 2024
Previous assessed
$8,963,730
-3.2% YoY
Effective rate
2.22%
On assessed value
Assessed land
$7,418,300
Assessed improvement
$1,256,800
Land market value
$7,418,300
Improvement market value
$1,256,800
Total market value
$8,675,100
Applied tax rate
1.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1999
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
17,465 SF
Lot
1.7 ac (74,183 SF)
APN
1190730000002
UPID
US83-3997201
Jurisdiction
HARRIS
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
1.7 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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