5115 Buffalo Speedway Houston, TX 77005-4211
Property profile & analytics
5115 Buffalo Speedway Houston, TX 77005-4211
- Strip malls
- 17,465 SF
- 1.70 lot acres
Property ID
US83-3997201
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Dr. Mark Haddad / Dental Office
- Sport Clips Haircuts of West University / Hair Salon
- Dr. Ricardo Tomei / Dental Office
- Bayou Cakes / Bakery / Specialty Food Shop
- Nothing Bundt Pastry Shop / Bakery / Take-out & Catering
Property Details for 5115 Buffalo Speedway
- Year built
- 1999
- Construction
- BRICK
- Lot size
- 1.70 lot acres
- Property size
- 17,465 SF
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 1190730000002
- APU
- 1190730000002
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $830,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $893,000
Market price range: $199k - $894k -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $605,000 Current use
- RETAIL STORES
- $1,370,000 Change: +127% Conversion: Easy
- MEDICAL BUILDING
- $1,115,000 Change: +84% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $1,025,000 Change: +70% Conversion: Difficult
- OFFICE BUILDING
- $905,000 Change: +49% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.4272
- Latitude
- 29.728
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$192,703
$7,418,300
$1,256,800
$8,675,100
-
$7,418,300
$1,256,800
$8,675,100
