11616 T C Jester BlvdHouston, TX 77067

Property Details for 11616 T C Jester Blvd

Year built

2019

Construction

STEEL FRAME

Lot size

6.10 AC

Property size (Sq ft)

23,216 SF

Property type

Retail properties

Property subtype

Strip malls

APN

1152920010017

APU

1152920010017

Description

This exceptional retail strip center, located at 11616 T C Jester Blvd in Houston, Texas (zip code 77067), offers four available spaces ranging from 1,800 to 2,100 square feet. The property is classified as a Class B retail strip center within Harris County. Its prime location provides excellent visibility and is strategically situated near major corporations and Bush Intercontinental Airport, ensuring high traffic and potential customer base. The center's multiple tenancy structure presents a diverse and vibrant commercial environment. The property boasts a significant advantage by being located outside of both the 100-year and 500-year floodplains, minimizing risk and enhancing its long-term value. This presents a compelling opportunity for businesses seeking high-traffic exposure in a well-established Houston location. The available spaces are ideal for a variety of retail uses, offering flexibility and potential for growth. Interested parties are encouraged to inquire for further details and leasing information. The property's convenient access to major transportation arteries and proximity to significant employment centers make it an attractive investment. This is a rare opportunity to secure retail space in a thriving Houston neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $9,381,575

  6.5%

  $8,659,915

  7%

  $8,041,350

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,050,279

  Geo Method

  $17,515,608

• Alternative Use

  Use

  Valuation

  Residential

  $7,304,962

  Hospitality

  $6,691,306

  Educational

  $5,567,088

  Medical

  $5,758,549

  Retail

  $8,659,915

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.952

Longitude

-95.452

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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