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    5757 Westheimer Rd Houston, TX 77057

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    5757 Westheimer Rd Houston, TX 77057


    • Strip malls
    • 24,531 SF
    • 1.86 lot acres
    Galleria Area Shopping Center Space For Lease
    $580,000
    24,531 SF

    Galleria Area Shopping Center Space

    Shopping center on Westheimer Rd with high traffic and visibility.

    5757 Westheimer Rd, Houston, TX 77057
    View Listing
    Property ID
    US82-4175057
    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.

    Value Estimations
    $580,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Exotic Diamonds / (Bike/Boat/Book/etc) Store
    • Domino's Pizza / Restaurant
    • Meche Shop / Cafe & Coffee Shop
    • Reflux Specialists / Medical Clinic
    • Cafe Lili / Restaurant

    Property Details for 5757 Westheimer Rd

    Year built
    1978
    Construction
    STEEL FRAME
    Lot size
    1.86 lot acres
    Property size
    24,531 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    450010000215
    APU
    450010000215

    Description

    Westheimer Plaza offers a prime retail opportunity in the heart of the Galleria area. This ±24,531 square foot shopping center boasts a highly visible location on Westheimer Road, experiencing a significant daily traffic count of 72,000 vehicles. Currently, one retail space of 800 square feet is available for lease. The property benefits from prominent pylon signage opportunities, ensuring maximum brand visibility. The surrounding area demonstrates strong demographics, with over 41,000 people within a one-mile radius during daytime hours. Westheimer Plaza is undergoing a comprehensive refresh, including a new roof and paint, along with upgrades to the parking lot and signage. This revitalization enhances the property's appeal and provides a modern and attractive environment for tenants. The property's multiple tenancy structure offers a diverse and vibrant shopping experience. This space presents a unique chance to establish a business in a high-traffic, well-maintained shopping center within a densely populated and affluent area. The combination of high visibility, strong demographics, and ongoing improvements makes this an exceptional retail investment opportunity.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $575,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $587,000
      Market price range: $449k - $871k
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $650,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $850,000
      Change: +31% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.4799
    Latitude
    29.7373
    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
    $101,755
    $3,640,095
    $1,434,699
    $5,074,794
    -
    $3,640,095
    $1,434,699
    $5,074,794
    View Listing
    More about this property
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