5116 Westheimer Rd Houston, TX 77056
Property profile & analytics
5116 Westheimer Rd Houston, TX 77056
- Retail space
- 8,441 SF
- 0.46 lot acres
Property ID
US82-2051153
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
- A Taghi Fine Apparel & Shoes / Clothing & Fashion Store
- A. Taghi Fine Rugs / Carpet & Flooring Store / Home Decor Store
- A Taghi Contruction / Construction Company / General Contractor
Property Details for 5116 Westheimer Rd
- Year built
- 1950
- Construction
- WOOD FRAME
- Lot size
- 0.46 lot acres
- Property size
- 8,441 SF
- Property type
- Retail space
- APN
- 451400060442
- APU
- 451400060442
Description
This exceptional redevelopment opportunity presents a significant investment in a high-traffic Houston location. Situated directly across from The Galleria Mall, one of Houston's premier shopping destinations attracting 25 million visitors annually, this property boasts unparalleled visibility and accessibility. The 0.46-acre lot encompasses a substantial 20,115 square feet, offering significant potential for a variety of mixed-use developments. The existing building comprises approximately 7,000 square feet on each of its two floors, providing a solid foundation for future plans. Its strategic location on Westheimer Road, a major Houston thoroughfare, ensures high foot and vehicle traffic. Furthermore, its proximity to key transportation arteries, including the 610 Loop, US Highway 59, I-10, and the Westpark Tollway, enhances its appeal and accessibility. The land value is assessed at $425 per square foot, reflecting the prime location and development potential. This property is offered at $8,000,000, presenting a compelling investment opportunity for discerning buyers seeking a high-return project in a thriving Houston market. The property's current zoning and permitted uses should be independently verified.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
-
CAP approach
-
Comparable approach
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Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.4654
- Latitude
- 29.7409
- 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
$50,640
$2,011,500
$369,248
$2,380,748
-
$2,011,500
$369,248
$2,380,748
