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Property profile & analytics
OFF-MARKET Estimated value $885,000
Strip malls

909 Broadway St La Porte, TX 77571-5325

35,200 SF 2.26 ac lot Built 1972
Individually Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-2140661
Property summary
AI-generated overview

This exceptional retail property, located at 909 S Broadway St in La Porte, Texas, offers two available spaces, ranging from 2,500 to 4,000 square feet. Situated within a 32,000 square foot shopping center in the South Houston submarket of Harris County, this property enjoys a highly visible location with convenient access to major roadways. The modern and attractive building facade ensures excellent exposure for tenants, attracting significant foot traffic. The center's prime location within the bustling community of La Porte makes it an ideal choice for businesses seeking high visibility and accessibility. The address is 909 S Broadway St, La Porte, TX 77571, within the NASA/Clear Lake submarket. This is a multi-tenant shopping center offering a strong opportunity for businesses to establish a presence in a thriving area. The property is well-maintained and presents a strong opportunity for growth and success. The available spaces provide flexibility for a variety of retail businesses. This location offers excellent visibility and accessibility for customers and employees alike.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1972
Construction STEEL FRAME
Total area 35,200 SF
Lot 2.26 ac (98,607 SF)
APN 240310000004
UPID US82-2140661
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$885k
CAP Approach CAP
by Request
Comparable Approach Comparable
$886k
Blend (final) Blend
$885k
Owner & transaction history
Ibrahim & Mazen Ganim Fam Ptsh · 7 yrs held
Ibrahim & Mazen Ganim Fam Ptsh
since 2019
7 recorded transactions
2019
Price N/A
2016
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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