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Property profile & analytics
OFF-MARKET Estimated value $725,000
Strip malls

5860 San Felipe St Houston, TX 77057-3066

26,400 SF 1.55 ac lot Built 1975
Individually Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-2399252
Property summary
AI-generated overview

This exceptional retail property, located at 5860 San Felipe Street in Houston, Texas, presents a unique investment opportunity. The single-tenant building boasts a total of 2,660 square feet, currently entirely vacant, offering immediate occupancy for a prospective tenant. Constructed in 1975, the property is classified as Class C and is situated in the vibrant Harris County, zip code 77057. Its convenient location provides excellent visibility and accessibility, making it an ideal space for a variety of retail businesses. The property's size is well-suited for a range of uses, allowing for customization to meet specific tenant requirements. With its ample square footage and prime location, this property offers significant potential for growth and return on investment. The entire space is available for lease, providing a blank canvas for a new business to establish its presence in a thriving Houston market. Serious inquiries are encouraged to explore this promising retail opportunity. The property is ready for immediate occupancy, allowing for a swift and efficient transition for the new tenant. This is a rare chance to secure a substantial retail space in a desirable Houston location.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1975
Construction CONCRETE BLOCKS
Total area 26,400 SF
Lot 1.55 ac (67,609 SF)
APN 994130000005
UPID US82-2399252
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
  • Super K Food Store Grocery & Convenience Store
  • Bitstop Bitcoin ATM Atm Currency Exchange Service
  • Southwell's Hamburger Grill Restaurant
  • AMBIT ENERGY (Consultor Independiente) Electrician Moving Supply Store
  • ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$630k
CAP Approach CAP
by Request
Comparable Approach Comparable
$826k
Blend (final) Blend
$725k
Owner & transaction history
5860 San Felipe Ltd · 9 yrs held
5860 San Felipe Ltd
since 2017
2 recorded transactions
2017
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units) $910,000 +30.9%
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