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Property profile & analytics
FOR LEASE
Strip malls

5700 Bellaire Blvd Houston, TX 77081

39,982 SF 3.72 ac lot Built 2003
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US83-4082531
Property summary
AI-generated overview

This exceptional retail opportunity is located at 5700 Bellaire Boulevard in Houston, Texas, zip code 77081. The property, known as Plaza Del Rey & El Mercadito, offers a total of 58,646 square feet of retail space, currently featuring five available units ranging from 998 to 2,500 square feet. This multi-tenant property presents a unique chance to establish or expand your business in a vibrant Houston neighborhood. The property's prime location on Bellaire Boulevard ensures high visibility and accessibility for customers. The address is easily identifiable and benefits from significant foot and vehicular traffic. The individual spaces are adaptable to a variety of retail uses, making it suitable for a range of businesses. This is an excellent investment opportunity for businesses seeking a strong presence in a bustling commercial area of Houston. The property's size and layout offer flexibility for tenants, allowing for customization to meet specific business needs. Detailed floor plans and lease terms are available upon request. Don't miss this chance to secure your space in this thriving retail center. Contact us today to learn more about leasing opportunities and explore the potential of this exceptional property.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2003
Construction STEEL FRAME
Total area 39,982 SF
Lot 3.72 ac (162,008 SF)
APN 1257240010001
UPID US83-4082531
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$860k
Owner & transaction history
Lonato Investment & Co LLC · 9 yrs held
Lonato Investment & Co LLC
since 2016
2 recorded transactions
2016
Price N/A
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units) $1.3M +4.3%
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More about this property
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