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    Chaundra Broughton, Houston, TX

    License ID: 0667270
    Re/Max Space Center-Clear Lake
    Years of Experience
    6
    Association
    Houston Association Of Realtors Inc

    Service Locations

    Contact details

    Phone:
    (917) 743-6241
    Office Address:
    3319 Signal Hill Dr, Friendswood, TX, 77546

    Performance

    Listings
    18
    Total transactions
    16
    Total transactions amount
    $4M
    Price range
    $167k - 375k
    Average price
    $250k

    Listings

    For Sale (15)

    View map
    • $765,000
      9,800 SF

      La Porte Retail Storefront

      High-traffic, 9,800 SF retail building
      8380 Spencer Hwy, La Porte, TX 77571
      View Details
    • $1,750,000
      6,745 SF

      Sea Lark Road Office Building

      6,745 SF Office, Prime Location
      16610 Sea Lark Rd, Houston, TX 77062
      View Details
    • $895,000
      5,970 SF

      Dickinson Multifamily Investment

      8-Unit Apartment Building, High Occupancy
      2322 Central St, Dickinson, TX 77539
      View Details
    • $995,000
      17.00 Acres

      Prime Bay City Commercial Land

      17 Acres, High Visibility, $995,000
      35 Bucks Bayou Rd, Bay City, TX 77414
      View Details
    • $2,486,622

      Commercial Development Site in Pasadena

      2.33-acre commercial development site with high traffic volume.
      6149 Spencer Hwy, Pasadena, TX 77505
      View Details
    • $995,000

      17-Acre Commercial Land Site

      Prime commercial land for development in Bay City, Texas.
      35 Bucks Bayou Rd, Bay City, TX 77414
      View Details
    • $395,000
      1,584 SF

      Functional Office Condo on Bellaire

      1,584 SF office condo suitable for medical or professional services.
      6910 Bellaire Blvd, Houston, TX 77074
      View Details
    • $2,200,000
      7,870 SF

      Freestanding Office Building in Houston

      One-story office building in thriving Southbelt/Ellington market.
      718 Fm 1959 Rd, Houston, TX 77034
      View Details
    • $650,000

      League City Land Opportunity

      1.93-acre lot with high traffic and development potential.
      1633 Webster St, League City, TX 77573
      View Details
    • $765,000
      9,800 SF

      Freestanding Retail Building on Spencer

      9,800 SF retail building on Spencer Highway in La Porte.
      8380 Spencer Hwy, La Porte, TX
      View Details
    • $247,500
      1,089 SF

      Freestanding Retail Building on Highway

      Recently renovated, fully leased retail building with three self-contained suites.
      2209 Hwy, Galveston, TX
      View Details
    • Contact for pricing

      Santa Fe Commercial Land Opportunity

      6.60 acres of commercial land in Santa Fe, Texas.
      10802 Highway 6, Santa Fe, TX 77510
      View Details
    • $3,023,934
      7,305 SF

      Kemah Land with High Visibility

      11.57 acre site with frontage on South Kemah Drive.
      2522 Anders Ln, Kemah, TX 77565
      View Details
    • $550,000
      2,425 SF

      Freestanding Office Building in Houston

      Freestanding office building in Clear Lake, Texas, available for sale.
      16818 Titan Dr, Houston, TX 77058
      View Details
    • $895,000

      Dickinson Multifamily Investment Opportunity

      Eight-unit, recently renovated multifamily property in Dickinson, Texas.
      2322 Central St, Dickinson, TX 77539
      View Details

    For Lease (3)

    View map
    • $1,750,000
      6,745 SF

      Freestanding Office Building For Lease

      Recently renovated office building in Clear Lake, Texas.
      16610 Sea Lark Rd, Houston, TX 77062
      View Details
    • $14 SF/Yr
      4,950 SF

      Highway 6 Freestanding Building

      Versatile building with retail and warehouse space along Highway 6.
      13207 Highway 6, Santa Fe, TX 77510
      View Details
    • Contact for pricing
      4,725 SF

      Versatile Industrial Site For Lease

      4.79-acre industrial site with warehouses and office space for lease.
      5320 Fm 2004 Rd, Hitchcock, TX 77563
      View Details

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    Chaundra Broughton, Houston, TX
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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