Property profile & analytics
9710 Bissonnet St Houston, TX 77036-8000
- Banks
- 7,787 SF
- 0.98 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US82-4647890
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Merrill Edge / Financial Advisor
- Bank of America (Lobby Service Only) / Bank / Loan Service
- Bank of America ATM (Drive-thru) / Financial Advisor
Property Details for 9710 Bissonnet St
- Year built
- 2009
- Construction
- BRICK
- Lot size
- 0.98 lot acres
- Property size
- 7,787 SF
- Property type
- Banks
- APN
- 1317090010001
- APU
- 1317090010001
Description
This exceptional investment opportunity presents a 4,489 square foot Bank of America branch located at 9710 Bissonnet St, Houston, TX 77036. The property sits on a 0.98-acre lot and boasts a strong 6.00% cap rate with a current NOI of $126,445. The lease is a Net Lease (NNN) with a corporate guarantee from Bank of America, a tenant with an A- credit rating (S&P 500). The lease has a remaining term of 5.1 years, expiring December 11, 2029, and includes eight five-year renewal options, providing significant long-term income potential. Rent increases by 10% every five years. Built in 2009, the property features five drive-thru lanes, ensuring excellent traffic flow and accessibility. Its prime location on Bissonnet Street, a major thoroughfare with approximately 43,800 vehicles per day, offers exceptional visibility and access to key Houston areas, including the Texas Medical Center and vital business hubs. The property benefits from the Southwest District Revitalization project, a $30 million city initiative to improve Bissonnet Street infrastructure. This project, with a projected timeline of 2-3 years, will further enhance the property's value and desirability. There are no zoning restrictions, allowing for future repositioning or redevelopment possibilities. This is a rare opportunity to acquire a high-quality, net-leased property anchored by a blue-chip tenant in a rapidly growing area of Houston.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
-
CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.5455
- Latitude
- 29.676
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$21,610
$643,200
$1,204,385
$1,847,585
-
$643,200
$1,204,385
$1,847,585
