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8955 Hwy 6th N Houston, TX 77095-2320

OFF-MARKET Strip malls Google Maps
14,262 SF 2.94 ac lot Built 2002
Entity Owned 7-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$450k
Range $405k – $495k (±10%)
Property ID US82-3965320

Property summary

AI-generated overview

Copper Grove Shopping Center, located at 8955 Hwy 6 N in Houston, Texas, 77095, presents a prime opportunity for medical office tenants. This Class A property, built and renovated in 2004, offers a total of 36,645 square feet across two single-story buildings. Currently, 1,200 square feet of in-line space is available, previously occupied by a pharmacy. This space is immediately available for turnkey operations. The property features a total of 178 parking spaces for ample tenant and visitor convenience. The lot size encompasses 2.84 acres, providing ample space and visibility. The minimum divisible space is 1,200 square feet, with a maximum contiguous space also at 1,200 square feet. The property consists of 10 total suites. The property enjoys excellent access to major thoroughfares, situated near the intersection of Hwy 6 and Huffmeister. Property taxes are $5.19 per square foot. The zoning is currently unlisted. The submarket is Copper Field.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2002
Construction BRICK
Total area 14,262 SF
Lot 2.94 ac (128,175 SF)
APN 1181930030020
UPID US82-3965320

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$450k

Owner & transaction history

since 2019
7 recorded transactions
2019
Price N/A
2016
Price N/A
2011
Price N/A
2011
Price N/A
1969
Price N/A
1969
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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