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

    704 1St St E Humble, TX 77338

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $285,000

    Office space available along FM 1960 Bus in Humble.

    Property size:
    1,630 SF
    Lot size:
    0.14 Acres

    Property Features for 704 1St St E

    General Information

    Size
    1,630 SF
    Lot size
    0.14 Acres

    We can help!

    Listing Contact
    R. J. Boncler
    Source: Moodyscre

    Listing Agent: R. J. Boncler

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

    Learn more

    Property Insight Report

    Overview

    Humble Office Space For Rent

    This office space, located along FM 1960 Bus in Humble, Texas, features 1630 square feet of space. The property includes two bathrooms.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Barks And Bubbles Dog ... Pet Groomer

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Gym & Fitness Building Supply Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Humble
    County
    Harris
    State
    Texas
    Longitude
    -95.2591536
    Latitude
    29.9989573

    Nearby Similar for Lease

    • Contact for pricing
      739,681 SF

      Highway 59 Business Park

      Under construction business park near Beltway 8 and airport.
      16900 Eastex Fwy, Humble, TX
      View Details
    • $18 SF/Yr

      Retail/Medical Space Near Beltway 8

      New retail and medical space near Beltway 8.
      9240 N Sam Houston Pkwy E, Humble, TX 77396
      View Details
    • Contact for pricing
      289,200 SF

      Humble Warehouse with Extensive Features

      289,200 SF warehouse on 21.51 acres in Humble, TX.
      18727 Kenswick Dr, Humble, TX 77338
      View Details
    • $3,200 /Mo
      1,900 SF

      Humble Office/Retail Building For Rent

      Renovated office/retail building in the heart of Humble, Texas.
      1010 1St St E, Humble, TX 77338
      View Details
    • $24 SF/Yr
      1,500 SF

      Retail Space on FM 1960

      1500 SF retail space ideal for salon or spa.
      5520 Fm 1960 Rd, Humble, TX 77346
      View Details
    • $20 SF/Yr
      2,058 SF

      Kingwood Office Space For Rent

      Prime Kingwood location, turnkey ready for law firm.
      4300 Town Center Pl, Humble, TX 77339
      View Details
    • Contact for pricing
      2,222 SF

      Prime Medical Office Space Humble, TX

      Exceptional Dental Office Suite - Ready to Lease
      19411 Mckay Dr, Humble, TX 77338
      View Details
    • Contact for pricing
      96,104 SF

      Atascocita Retail Center Opportunity

      Prime Humble, TX Retail Space Available
      3820 Atascocita Rd, Humble, TX 77396
      View Details
    • $1,375 /Mo

      Updated Townhome Near Airport

      Updated 2-bedroom, 2-bath townhome with modern features and convenient location.
      2079 Country Village Blvd, Humble, TX 77338
      View Details
    • $28 SF/Yr
      21,803 SF

      Humble High Retail Center

      Prime Retail Space Available Now
      0 Wilson Rd, Humble, TX 77338
      View Details
    • $21 SF/Yr
      1,879 SF

      Humble Office Building For Lease

      Four-story office building in Northeast Houston, near IAH Airport.
      8811 Fm 1960 Bypass Rd W, Humble, TX 77338
      View Details
    • $36 SF/Yr
      9,200 SF

      Shops at Deerbrook: Retail Space for Lease

      Prime Retail Space near Deerbrook Mall
      FM-1960 & Deerbrook Park Blvd, Humble, TX 77338
      View Details

    FAQs

    What type of property is this?
    Office space - Office space available along FM 1960 Bus in Humble.
    Where is this office space located?
    The property is located at 704 1St St E Humble, TX.
    What are key features of this property?
    This property features: - Office space along FM 1960 Bus; - Two bathrooms
    (281) 359-7653
    Request Owner's contact information
    704 1St St E Humble, TX 77338
    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.
    704 1St St E
    Humble, TX 77338
    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
    704 1St St E Humble, TX 77338
    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
    R. J. Boncler
    (281) 359-7653
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.