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Property profile & analytics
OFF-MARKET
Strip malls

8650 Houston Rosslyn Rd Houston, TX 77088-6400

14,112 SF 0.95 ac lot Built 2002
Entity Owned 2-yr Hold Free & Clear
Property ID
US83-3790604
Property summary
AI-generated overview

This 12,600 square foot retail strip center, built in 2002, is located at 8650 N Houston Rosslyn Rd, Houston, TX 77088. The property offers a prime location within the rapidly developing Near Northwest Oaks Submarket of Houston, benefiting from the spillover effect of the successful Inner Loop/Heights Submarket to the south. This area is experiencing significant gentrification, with communities like Acres Home and Independence Heights undergoing rapid transformation. Currently, one retail space of 1,000 square feet is available for lease. The property's multiple tenancy structure provides a diverse tenant mix, reflecting the growing demand in the area. The strategic location within the Near Northwest Oaks Submarket positions this retail center to capitalize on the increasing residential population and consumer spending. The property presents a compelling investment opportunity for businesses seeking to establish a presence in a thriving and dynamic market. The building's 2002 construction date suggests a relatively modern structure, potentially minimizing immediate capital expenditure needs. This retail space offers a chance to be part of a growing community and benefit from the ongoing revitalization of the surrounding neighborhoods. The property's size and location make it suitable for a variety of retail businesses seeking to serve the expanding local population.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2002
Construction METAL FRAME
Total area 14,112 SF
Lot 0.95 ac (41,208 SF)
APN 1227570010001
UPID US83-3790604
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
  • Bad Boyz Barber Shop Barber Shop
  • Broke Boyz Smoke Shop (Bike/Boat/Book/etc) Store
  • Rosalba Cabrera Real Estate Agency
  • Rosslyn Tires (Bike/Boat/Book/etc) Store Auto Parts Store
  • Houston Underground Animals (Bike/Boat/Book/etc) Store Pet Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Clear Channel Outdoor LLC · 2 yrs held
Clear Channel Outdoor LLC
since 2024
3 recorded transactions
2024
Price N/A
2018
Price N/A
2005
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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