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Property profile & analytics
OFF-MARKET Estimated value $525,000
Retail space

5525 Westheimer Rd Houston, TX 77056-5303

19,331 SF 0.73 ac lot Built 1991
Individually Owned 20-yr Hold Absentee Owner Free & Clear
Property ID
US82-2315613
Property summary
AI-generated overview

This exceptional 17,868-square-foot retail space, located at 5525 Westheimer Road in Houston, Texas, 77056, presents a unique investment opportunity. Situated in the heart of Houston's Galleria area, this single-tenant property boasts a prime location surrounded by upscale residential communities, renowned shopping centers, diverse restaurants, vibrant entertainment venues, and major financial institutions. Built in 1990, the building features an elevator for convenient access. The entire space is currently vacant, offering a blank canvas for a discerning tenant to create a thriving business. The property benefits from its proximity to a high-traffic area and an affluent, diverse customer base, ensuring maximum visibility and foot traffic. This strategic location within one of Houston's most prestigious shopping districts promises significant potential for success. The property's size and location make it ideal for a variety of restaurant concepts or other high-volume retail businesses seeking a prominent presence in a high-demand area. This is a rare opportunity to secure a substantial retail space in a highly sought-after location. The property's address is 5525 Westheimer Rd, Houston, TX 77056.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1991
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 19,331 SF
Lot 0.73 ac (31,799 SF)
APN 1276240010001
UPID US82-2315613
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
  • Mattress Knight Furniture & Home Goods
  • Oriental Rug Bazaar Carpet & Flooring Store Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$475k
CAP Approach CAP
by Request
Comparable Approach Comparable
$579k
Blend (final) Blend
$525k
Owner & transaction history
As Shopping Family · 20 yrs held
As Shopping Family
since 2006
1 recorded transaction
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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