11939 Eastex FwyHouston, TX 77039

Property Details for 11939 Eastex Fwy

Year built

2008

Construction

STEEL & CONCRETE

Lot size

2.00 AC

Property size (Sq ft)

25,300 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

1220840010008

APU

1220840010008

Description

This exceptional 23,235 square foot retail center, built in 2009, is strategically located at the southwest corner of Eastex Freeway (US 69) and Winfield Road in the East Aldine area. The single-story building offers multiple tenancy options, perfect for a variety of retail businesses seeking high visibility and accessibility. Boasting excellent exposure to over 187,000 vehicles daily on the heavily trafficked Eastex Freeway, this property presents a unique opportunity for businesses to capitalize on significant consumer traffic. The prime location ensures strong brand recognition and easy access for customers. Pylon signage is available, further enhancing visibility and marketing potential. This ready-to-go space is ideal for businesses seeking immediate occupancy and a strong foothold in a bustling commercial area. The property's modern construction and convenient location combine to create an attractive investment opportunity with significant potential for growth and return. Interested parties are encouraged to inquire for further details and leasing options.

• CAP approach

  CAP return

  Valuation

  6%

  $10,223,719

  6.5%

  $9,437,279

  7%

  $8,763,187

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,042,215

  Geo Method

  $19,087,908

• Alternative Use

  Use

  Valuation

  Residential

  $7,960,698

  Hospitality

  $7,291,956

  Educational

  $6,066,822

  Medical

  $6,275,470

  Retail

  $9,437,279

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.8988

Longitude

-95.3147

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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