12403 Veterans Memorial DrHouston, TX 77014

Property Details for 12403 Veterans Memorial Dr

Year built

1980

Construction

CONCRETE BLOCKS

Lot size

0.92 AC

Property size (Sq ft)

18,462 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

480200000014

APU

480200000014

Description

Liberty Corner, a 17,300 square foot retail center, presents a fantastic opportunity. Located at the highly visible corner of Veterans Memorial and Northcliffe Manor Drive in Harris County, this multi-tenant property boasts a strong existing tenant base including T&G Insurance, Fyza Food, and Lunar Botanica. Built in 1980, the center offers one immediately available storefront space totaling 2,000 square feet, ideal for a variety of retail businesses. The property's strategic location ensures high visibility and accessibility for customers. This is an excellent chance to establish a presence in a well-established retail center within a thriving Houston community. Further details regarding the available space and lease terms are available upon request. The property address is 12403 Veterans Memorial Drive, Houston, TX. An aerial map is available online.

• CAP approach

  CAP return

  Valuation

  6%

  $7,460,486

  6.5%

  $6,886,602

  7%

  $6,394,702

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,787,485

  Geo Method

  $13,928,892

• Alternative Use

  Use

  Valuation

  Residential

  $5,809,106

  Hospitality

  $5,321,110

  Educational

  $4,427,102

  Medical

  $4,579,356

  Retail

  $6,886,602

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.9669

Longitude

-95.483

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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