Versatile Commercial Property For
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10101 HAMMERLY BLVD, Houston, TX
Commercial property with open layout, ample parking, and flexible zoning.
Property Size29,280 SF
Lot Size1.40 Acres
Price / SF$196.11
Days on Market313
Property Features for 10101 HAMMERLY BLVD
General Information
Standard status
Active
Size
29,280 SF
Lot size
1.40 Acres
Property subtype
RETAIL
Listing Agency:
Realm Real Estate Professionals
(832) 512-5752
Listed By:
Elmer Garcia · License #713163
(832) 512-5752
Source:
Moodyscre
Added: Sep 21, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realm Real Estate Professionals
Investment Insights
Based on property information with market context.
This commercial property offers a spacious open layout and ample parking. It features frontage along a high-traffic corridor. The property has an NZ (Non-Zoned) designation, providing flexibility for a wide range of uses, including retail, showroom, office, or specialty operations. It is located in a thriving growth corridor surrounded by residential and commercial development. The property offers long-term value and multiple opportunities for repositioning or immediate business use.
Key Highlights
- Excellent frontage on a high‑traffic corridor
- NZ (Non‑Zoned) designation allowing for maximum flexibility
- Spacious open layout
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $600.8k | $20.52 |
| − Vacancy | −$33.6k | −$1.15 |
| EGI | $567.2k | $19.37 |
| − OpEx | −$170.2k | −$5.81 |
| NOI | $397.0k | $13.56 |
29,280 SF · lease $20.52/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$5.67M
$4.96M – $6.62M
NOI $397,026 @ 7.0% cap · market cap 6.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.53M
$6.59M – $8.78M
NOI $527,040 @ 7.0% cap · market cap 9.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
539
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Retail in Houston, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Showroom - Commercial property with open layout, ample parking, and flexible zoning.
Where is this showroom located?
The property is located at 10101 HAMMERLY BLVD Houston, TX.
What is the asking price?
The asking price for this property is $5,742,000.
What are key features of this property?
This property features: Excellent frontage on a high‑traffic corridor; NZ (Non‑Zoned) designation allowing for maximum flexibility; Spacious open layout
