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    Rockey L. Butler, White Hall, TX

    License ID: 0789967

    Service Locations

    Contact details

    Phone:
    (936) 672-2859
    Office Address:
    220 Davidson Ave, Somerset, NJ, 8873

    Performance

    Listings
    17

    Listings

    For Sale (15)

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    • Contact for pricing

      Prime Commercial Land in Conroe

      8.07 acres with 600+/- frontage in Conroe ETJ.
      Fm 2854 Rd, Conroe, TX 77316
      View Details
    • Contact for pricing

      Conroe Land Opportunity

      33.60 acre commercial land available in Conroe, Texas.
      Sgt Ed Holcomb Blvd S, Conroe, TX 77304
      View Details
    • $985,000
      12,811 SF

      Conroe Commercial Property on Hwy 105

      Versatile commercial property with warehouse, office, and expansion potential.
      2751 E Davis St, Conroe, TX 77304
      View Details
    • $3,150,000

      17905 US Highway 69 S, Tyler, TX

      Land
      17905 Us Highway 69 S, Tyler, TX 75703
      View Details
    • $649,900

      Commercial Land FM 149 Frontage

      1.48 acre commercial land with frontage on FM 149.
      14465 Fm 149 Rd, Montgomery, TX 77356
      View Details
    • Contact for pricing

      Willis Land Investment Opportunity

      12.374 acres in rapidly growing Montgomery County, Texas.
      13209 Fm 1097, Willis, TX
      View Details
    • $1,655,000

      Prime Commercial Land in Conroe

      8-acre commercial land in Conroe, Texas, with utilities in place.
      220 Sgt Ed Holcomb Blvd, Conroe, TX 77304
      View Details
    • Contact for pricing

      Conroe, Texas Investment Property

      Prime investment property in rapidly growing Conroe, Texas.
      13956 Fm 2854 Rd, Conroe, TX 77304
      View Details
    • $2,330,000

      81+ Acre Development Opportunity

      Large tract near Coldspring, TX, ideal for tourism or retail.
      Davis Reed Ln, Cleveland, TX 77328
      View Details
    • $4,281,076

      Conroe Commercial Land Opportunity

      15.12 acres of commercial land in Conroe, Texas.
      115 Sgt Ed Holcomb Blvd S, Conroe, TX 77304
      View Details
    • $2,967,307

      Prime Commercial Land Opportunity

      10.48 AC commercial land in Conroe, Texas for sale.
      112 Sgt Ed Holcomb Blvd, Conroe, TX 77304
      View Details
    • $1,100,000

      Prime Commercial Tract For Sale

      2.761 AC commercial tract in Magnolia and Tomball, Texas.
      28025 Fm 2978 Rd, Magnolia, TX 77354
      View Details
    • $3,510,000

      Richmond TX Commercial Lots

      Commercial lots in Richmond, TX with frontage on Westpark Tollway.
      19225 Fm 1093 Rd, Richmond, TX 77407
      View Details
    • Contact for pricing
      10,800 SF

      Montgomery Commercial Property on FM 2854

      10,800 SF commercial property with existing tenant income.
      20820 Fm 2854 Rd, Montgomery, TX 77356
      View Details
    • Contact for pricing

      Commercial Land in High-Growth Area

      2.05 acre commercial land with utilities and high traffic.
      14756 Fm 1485 Rd, Conroe, TX 77306
      View Details

    For Lease (2)

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    • $19 SF/Yr
      1,750 SF

      Montgomery Office Suite E

      1750 sq ft, Downtown Montgomery Office
      14259 Liberty St, Montgomery, TX 77356
      View Details
    • Contact for pricing

      Montgomery Flex Space For Lease

      Versatile property with office and warehouse spaces in prime location.
      18920 Freeport Dr, Montgomery, TX 77356
      View Details

    Leases and Sales on Map

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    Rockey L. Butler, White Hall, 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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