9150 Main StHouston, TX 77025

Property Details for 9150 Main St

Year built

1981

Construction

CONCRETE BLOCKS

Lot size

1.66 AC

Property size (Sq ft)

31,113 SF

Property type

Retail properties

Property subtype

Strip malls

APN

451910000069

APU

451910000069

Description

South Main Plaza, located at 9150 S Main St, Houston, TX 77025, presents a compelling investment opportunity in a thriving Harris County market. This single-story, 26,022 square foot retail center boasts a strong tenancy profile with multiple occupants, currently exhibiting high occupancy. The property features a total of 26,022 square feet, with only 2,034 square feet currently vacant, representing significant upside potential for additional income generation. The building's prime location in Houston offers excellent visibility and accessibility, making it an attractive destination for both tenants and customers. The property's classification includes retail, shopping center, and dental uses, demonstrating its versatility and adaptability to a range of businesses. The single-building structure simplifies management and maintenance, contributing to efficient operations. This property is an ideal acquisition for investors seeking a stable, high-performing retail asset with potential for future growth. The property's location in Houston, within Harris County, provides access to a large and diverse customer base. The low vacancy rate indicates strong tenant demand and a stable income stream. This is a rare opportunity to acquire a well-established retail center with immediate cash flow and significant long-term potential. The property's size and configuration offer flexibility for future tenant expansion or redevelopment. Serious inquiries are encouraged to explore this exceptional investment opportunity further.

• CAP approach

  CAP return

  Valuation

  6%

  $9,366,831

  6.5%

  $8,646,306

  7%

  $8,028,712

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,588,952

  Geo Method

  $23,473,602

• Alternative Use

  Use

  Valuation

  Residential

  $7,293,482

  Hospitality

  $6,680,790

  Educational

  $5,558,340

  Medical

  $5,749,499

  Retail

  $8,646,306

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.6858

Longitude

-95.4218

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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