Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Kermier Rd Hockley, TX 77447

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    17.95 AC shovel ready land in Northwest Houston.

    Lot size:
    17.95 Acres

    Property Features for Kermier Rd

    General Information

    Lot size
    17.95 Acres

    We can help!

    Listing Contact
    Mason Alsbrooks
    Mason Alsbrooks
    Source: Moodyscre

    Listing Agent: Mason Alsbrooks

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Shovel Ready Land Available

    This property features approximately 17.95 acres of shovel-ready land, divisible for flexible development options. It is located in Northwest Houston, offering convenient access to the Grand Parkway and Highway 290. The site benefits from utilities including well and septic systems. There is no floodplain on the property. The property has frontage on a truck-accessible four-lane road, complete with a dedicated left turn lane. Off-site detention is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Hockley
    County
    Harris
    State
    Texas
    Longitude
    -95.857075
    Latitude
    30.026788

    Nearby Similar for Sale

    • $888,000

      Hockley Ranch with Mixed-Use Potential

      6.9-acre ranch property with barndo, guesthouse, shop, and arena.
      27896 Rice Rd, Hockley, TX 77447
      View Details
    • $1,900,000

      Hockley Unrestricted 50-Acre Property

      50-acre unrestricted property with pastures, trees, pond, and cabin.
      24030 Hegar Rd, Hockley, TX 77447
      View Details
    • $748,000
      1,920 SF

      Hockley Log Home on Acreage

      Log home on 7.264 acres with shop and barn.
      26000 Pine Shadows Dr, Hockley, TX 77447
      View Details
    • Contact for pricing
      18 SF

      Multiple Industrial Buildings For Sale

      Six industrial buildings ranging from approximately 5,500 to 15,590 square feet.
      18602 Kermier Rd, Hockley, TX 77447
      View Details
    • Contact for pricing
      6,000 SF

      Hockley Industrial Property For Sale

      6,000 square foot industrial property in Hockley, Texas.
      18606 Kermier Rd, Hockley, TX 77447
      View Details
    • Contact for pricing
      6 SF

      Industrial Space in Northwest Houston

      Industrial space available for lease in Hockley, Texas.
      17543 Roberts Rd, Hockley, TX 77447
      View Details
    • Contact for pricing
      7,500 SF

      Hockley Industrial Property for Sale

      7,500 SF industrial property in Hockley, Texas available for purchase.
      18604 Kermier Rd, Hockley, TX 77447
      View Details
    • Contact for pricing
      7 SF

      Industrial Space in Northwest Houston

      Industrial property available for lease in the Cypress submarket.
      17531 Roberts Rd, Hockley, TX 77447
      View Details
    • $2,900,000

      Hockley Farm and Agricultural Property

      Farm and agricultural property available in Hockley, Texas.
      Farm To Market 2920, Hockley, TX 77447
      View Details
    • Contact for pricing
      7,500 SF

      Hockley Warehouse Space Available

      7,500 sq ft warehouse in Hockley, Texas.
      18612 Kermier Rd, Hockley, TX 77447
      View Details
    • Contact for pricing
      6,000 SF

      Hockley Industrial Property For Sale

      6,000 sq ft industrial property in Hockley, Texas.
      18231 Bauer Rd, Hockley, TX 77447
      View Details
    • Contact for pricing
      6,000 SF

      Hockley Industrial Property For Sale

      6,000 sq ft industrial property in Hockley, Texas.
      18602 Kermier Rd, Hockley, TX 77447
      View Details

    FAQs

    What type of property is this?
    Land - 17.95 AC shovel ready land in Northwest Houston.
    Where is this land located?
    The property is located at Kermier Rd Hockley, TX.
    What are key features of this property?
    This property features: - Quick access to Grand Parkway and Highway 290; - **±17.95 AC shovel ready land (Divisible)**; - Truck accessible four lane road with dedicated left turn lane
    (713) 744-7417
    Request Owner's contact information
    Kermier Rd Hockley, TX 77447
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Kermier Rd
    Hockley, TX 77447
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Kermier Rd Hockley, TX 77447
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Mason Alsbrooks
    Mason Alsbrooks
    Real Estate License ID: 697478
    (713) 744-7417
    Learn more
    Google sign-in failed. Please try again or use another login method.