2021 Victory DrHouston, TX 77088

For Sale
$430,000

1,111 SF Retail Building, 7.81% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
94
This single-story, 1,111 square foot retail building located at 2021 S Victory Dr, Houston, TX 77088, presents a compelling investment opportunity. Built in 2000, the property sits on a 0.13-acre lot and boasts 100% occupancy, generating a strong 7.81% capitalization rate. The asking price is $430,000. Ample parking is available, with a ratio of 1,000 spaces per 1,000 square feet. The property benefits from its prime location in a vibrant Houston neighborhood, experiencing heavy daytime foot traffic and strong sales performance. Its proximity to West Montgomery Road and South Victory Street, along with nearby attractions such as the Houston Academy and Winzer Park, ensures high visibility and accessibility. The surrounding area shows increasing population growth, further enhancing the property's long-term investment potential. The property's Harris County location, with APN 0162650000254, offers investors a chance to capitalize on a thriving retail market. This is an exceptional opportunity for investors seeking a stable, high-performing asset in a dynamic and growing area of Houston.

Highlights

  • 1,111 SF retail building on a 0.13-acre lot in Houston, TX.
  • 100% occupancy with a 7.81% cap rate.
  • Asking price: $430,000.
  • Ample parking (1,000 spaces per 1,000 SF).
  • Prime location with high foot traffic and strong sales.

Property Details for 2021 Victory Dr

Property type
Other retail properties, Retail properties
Square Feet
1,111 SF
Year Built
2000
Stories
1
Lot Size (sq. ft)
5,663 SF

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.870593
Longitude
-95.4420951
2021 Victory Dr, Houston, Texas

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2021 Victory Dr
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