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550 FM 1959 Rd 9,110 SF 90% Leased Retail Building Houston, TX 77034 $2,867,823 CAD ($314.80 CAD/SF) 6.50% Cap Rate
Investment Highlights
- Prime Location: Direct access to I-45 and Galveston Rd with constant high-volume traffic
- Multiple Income Streams: Profitable event center with regular weekend bookings Fully operational gas station with 4 pumps On-site convenience store
- Stabilized Tenant Mix: Long-term commercial use with diverse income generators
- Built-In Customer Base: Surrounded by apartment complexes, bringing consistent foot traffic
- Weekend Revenue Spike: Event center draws dozens of customers every weekend, boosting business across the property
- Turnkey Investment: Operating businesses in place with room for growth
Executive Summary
?? High-Traffic Investment Opportunity Off I-45 | Asking $2.1M
Imagine owning a property where foot traffic never stops and income flows in from multiple streams—all anchored by a built-in customer base. That’s what this thriving shopping center near Galveston Rd offers.
This isn’t just a piece of real estate—it’s a cash-flow ecosystem.
?? Location, Location, Location
Strategically positioned off I-45 and Galveston Rd, surrounded by high-density apartment complexes and homes
Constant drive-by visibility and heavy commuter traffic
Perfect for businesses that thrive on convenience and accessibility
?? Weekend Crowd? Already Built-In
The event center hosts packed parties every weekend—meaning dozens of customers walk in weekly, not counting their guests
That’s instant, ready-made foot traffic for every other tenant on-site
?? Gas Station with 4 Pumps
Steady traffic from locals and travelers fueling up daily
On-site convenience store keeps customers lingering longer and spending more
?? Taco Truck with Loyal Following
Food + fuel + foot traffic = a winning trifecta
Draws a lunch crowd and keeps the energy high from day to night
?? Why You Need This PropertyThis isn’t about what’s on the property—it’s about what it does.It builds community. It generates passive income.It thrives, even when others are just trying to survive.
If you’re a savvy investor looking for a proven, income-producing asset in a prime location with built-in demand—this is your move.
?? Ready to explore the numbers? Let's talk. Opportunities like this don’t sit around long.
Ramos Realty Group 713-910-0636
Imagine owning a property where foot traffic never stops and income flows in from multiple streams—all anchored by a built-in customer base. That’s what this thriving shopping center near Galveston Rd offers.
This isn’t just a piece of real estate—it’s a cash-flow ecosystem.
?? Location, Location, Location
Strategically positioned off I-45 and Galveston Rd, surrounded by high-density apartment complexes and homes
Constant drive-by visibility and heavy commuter traffic
Perfect for businesses that thrive on convenience and accessibility
?? Weekend Crowd? Already Built-In
The event center hosts packed parties every weekend—meaning dozens of customers walk in weekly, not counting their guests
That’s instant, ready-made foot traffic for every other tenant on-site
?? Gas Station with 4 Pumps
Steady traffic from locals and travelers fueling up daily
On-site convenience store keeps customers lingering longer and spending more
?? Taco Truck with Loyal Following
Food + fuel + foot traffic = a winning trifecta
Draws a lunch crowd and keeps the energy high from day to night
?? Why You Need This PropertyThis isn’t about what’s on the property—it’s about what it does.It builds community. It generates passive income.It thrives, even when others are just trying to survive.
If you’re a savvy investor looking for a proven, income-producing asset in a prime location with built-in demand—this is your move.
?? Ready to explore the numbers? Let's talk. Opportunities like this don’t sit around long.
Ramos Realty Group 713-910-0636
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
9,110 SF
Building Class
C
Year Built
1980
Price
$2,867,823 CAD
Price Per SF
$314.80 CAD
Cap Rate
6.50%
NOI
$186,408 CAD
Percent Leased
90%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
1.00 AC
Zoning
N/Ap, Harris - Commercial Retail
Parking
46 Spaces (5.05 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Conferencing Facility
- Pylon Sign
- Tenant Controlled HVAC
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Great little Spece ready for Business. It was used as a church Previously, But can be sued as storage, Retail lots of possibilities. All space is Airconditioned
| Space | Size | Space Use | Position | Available |
| F | 905 SF | Retail | Outparcel | Now |
F
| Size |
| 905 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| Now |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
F
| Size | 905 SF |
| Space Use | Retail |
| Position | Outparcel |
| Available | Now |
Great little Spece ready for Business. It was used as a church Previously, But can be sued as storage, Retail lots of possibilities. All space is Airconditioned
Property Taxes
| Parcel Number | 1116250000017 | Improvements Assessment | $1,326,513 CAD |
| Land Assessment | $592,975 CAD | Total Assessment | $1,919,488 CAD |
Property Taxes
Parcel Number
1116250000017
Land Assessment
$592,975 CAD
Improvements Assessment
$1,326,513 CAD
Total Assessment
$1,919,488 CAD
1 of 60
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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550 FM 1959 Rd
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