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Property profile & analytics
FOR SALE
Strip malls
8200 Wilcrest Dr Houston, TX 77072
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US82-2972273
For Sale
1 / 2
$900,000
8200 Wilcrest Dr, Houston, TX 77072
View Listing →
Property summary
AI-generated overview
This turnkey water dispensing business is available for $80,000. Located at 8200 Wilcrest Dr. Unit 7, Houston, TX 77072, in a high-traffic area of Southwest Houston, this business boasts a loyal customer base and is fully equipped for immediate operation. All necessary machinery and equipment are included, eliminating the need for additional upfront investment. The business benefits from its prime location within a densely populated area, ensuring consistent customer flow and significant growth potential within the expanding clean water solutions market. This represents a profitable venture for entrepreneurs seeking a quick and efficient market entry. The asking price is for the business only
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1983
Construction
STEEL FRAME
Total area
53,022 SF
Lot
5.5 ac (239,406 SF)
APN
1063440000035
UPID
US82-2972273
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
-
My Viet Services Social Service Agency
-
Ocean Crawfish Restaurant
-
Wimpy African foods LLC African Goods Store
-
Clinica Hispana Salud Y Esperanza | Houston , Texas | sin cita cerca de mi Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$635k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.45M
Blend (final)
Blend
$1.04M
Owner & transaction history
Wilcrest Village West Center L · 8 yrs held
Wilcrest Village West Center L
since 2017
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Houston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Houston submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$635,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,400,000
Current use
Blend value · Realmo final
$1.04M
Range $936k – $1.14M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$20 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$68,470
Tax year 2022
Assessed value
$5,951,677
Assessed 2024
Previous assessed
$5,972,053
-0.3% YoY
Effective rate
1.15%
On assessed value
Assessed land
$1,915,248
Assessed improvement
$4,036,429
Land market value
$1,915,248
Improvement market value
$4,036,429
Total market value
$5,951,677
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Sale
Year built
1983
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
53,022 SF
Lot
5.5 ac (239,406 SF)
APN
1063440000035
UPID
US82-2972273
Jurisdiction
HARRIS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1983
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
5.5 ac
Current owner
From public records · entity-resolved
Wilcrest Village West Center L
Individual
Mailing address
PO BOX 2983, SUGAR LAND, TX 77487-2983
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2017
—
Wilcrest Village West Center L
—
Deed
related
$4,500,000 · Miscellaneous Ins Co
—
—
Wilcrest Village West Center L
—
Deed Of Trust
related
$680,000 · Concord Bank
—
—
Wilcrest Village West Center L
—
Deed Of Trust
related
$4,500,000 · Miscellaneous Ins Co
—
—
Wilcrest Village West Center L
—
Deed Of Trust
related
$4,140,000 · Concord Bank
—
—
Wilcrest Village West Center L
—
Deed Of Trust
related
$790,000 · Concord Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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