Property summary
This 2,550 square foot vacant retail building, located at 6705 Fondren Rd, Houston, TX 77036, presents a compelling redevelopment opportunity. Formerly a quick-service restaurant, the property boasts a drive-thru and ample parking, catering to a large customer base. Its strategic positioning, out-parceled to PlazAmericas Mall (over 125 stores and 3,200,000 annual visitors), ensures high visibility and foot traffic. The surrounding area demonstrates strong demographics, with over 483,270 people within a 5-mile radius and an average household income exceeding $112,230. The property benefits from its location on a highly trafficked street (Fondren Rd, ~28,000 vehicles per day, and Bellaire Blvd, ~45,000 vehicles per day), across from St. Agnes Athletic Complex and Sharpstown Golf Course, and near I-59 (~174,500 vehicles per day). Built in 1972, this property is priced at $1,075,000 ($421.57 per square foot) and offers significant potential for investors seeking a prime location in a thriving Houston market. The property is vacant and ready for immediate development.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Corporate Office
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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