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5820 Fm 1960 Rd Humble, TX 77346

Strip malls Google Maps
26,866 SF 1.81 ac lot Built 1984
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$605k
Range $545k – $666k (±10%)
Property ID US82-4101810

Property summary

AI-generated overview

Crossroads Plaza, a 24,087-square-foot retail and office center in Humble, Texas, offers multiple executive office suites for lease. Located at the prominent corner of FM 1960 and Twigs Worth Lane, this 1984-built property provides convenient access and high visibility. Currently, 5,196 square feet of space is available, with individual suites ranging from a minimum of 1,000 square feet to a maximum contiguous space of 2,690 square feet. The building's prime location in Harris County ensures excellent exposure to a substantial customer base. Ideal for businesses seeking flexible and well-situated office space, Crossroads Plaza presents a compelling opportunity to establish a thriving presence in a bustling commercial area. The property offers a blend of retail and office space, creating a dynamic and vibrant environment. Its strategic location at a major intersection provides exceptional visibility and accessibility for both employees and clients. The available space is adaptable to various business needs, making it a versatile option for companies of different sizes. Built in 1984, the building offers a well-established presence within the community.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1984
Construction CONCRETE BLOCKS
Total area 26,866 SF
Lot 1.81 ac (79,040 SF)
APN 1105860000034
UPID US82-4101810

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bar & Pub Restaurant
  • Discount Store Party Supply Store
  • General Contractor Construction Company

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$750k
CAP Approach CAP
by Request
Comparable Approach Comparable
$455k
Blend (final) Blend
$605k

Owner & transaction history

since 2022
3 recorded transactions
2022
Price N/A
2016
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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