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

    17603 Eastex Fwy Humble, TX 77396

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,700,000

    8.0867 acres zoned for commercial, residential, industrial, or flex use.

    Lot size:
    8.09 Acres

    Property Features for 17603 Eastex Fwy

    General Information

    Standard status
    Active
    Lot size
    8.09 Acres

    We can help!

    Listing Contact
    Jorge Velasquez
    Source: Corcoran

    Listing Agent: Jorge Velasquez

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

    Learn more

    Overview

    Humble Land with Highway Frontage

    This 8.0867-acre lot in Humble, Texas, offers an opportunity for commercial, residential, industrial, or flex use development. Situated just off Hwy 59 and Beltway 8, the property features highway frontage and high visibility. It provides convenient access from Manor Way, facilitating ingress and egress. The location is minutes from Bush Intercontinental Airport and benefits from proximity to residential growth, commercial development, and major traffic arteries. This property is suitable for investors, developers, or end users.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Humble
    County
    Harris
    State
    Texas
    Longitude
    -95.2632
    Latitude
    29.9512

    Nearby Similar for Sale

    • $800,000
      4,650 SF

      Kingwood Drive Medical/Professional Building

      Single-tenant medical/professional building in Kingwood, TX, 100% occupied.
      1308 Kingwood Dr, Humble, TX 77339
      View Details
    • $6,750,000

      Humble 75-Acre Farm and Ranch

      75-acre farm with furnished homes, event venue, and horse ranch.
      19327 Belleau Wood Dr, Humble, TX 77338
      View Details
    • $6,750,000
      2,605 SF

      Humble 75-Acre Farm and Ranch

      75-acre farm/ranch with homes, event venue, and horse ranch.
      19323 Belleau Wood Dr, Humble, TX 77338
      View Details
    • $675,000

      Renovated Fourplex on Large Lot

      Fully renovated fourplex with expansion potential near major highways.
      16016 Green Manor Dr, Humble, TX 77396
      View Details
    • $185,000

      Kingwood Condo with Recent Updates

      Well-maintained condo in Kingwood Town Center, close to amenities.
      3317 Golden Trails Dr, Humble, TX 77345
      View Details
    • $825,000
      4,495 SF

      Humble Office Building For Sale

      Professional office building on a high-visibility corner lot.
      20103 Aldine Westfield Rd, Humble, TX 77338
      View Details
    • $460,000

      Well-Maintained Humble Fourplex For Sale

      Fully rented fourplex with identical units and convenient location.
      1327 Brenda Ln, Humble, TX 77338
      View Details
    • $279,900

      Updated Single-Story Home in Kingwood

      Updated single-story home with wood floors, granite counters, and large deck.
      27088 Crown Chase Dr, Humble, TX 77339
      View Details
    • $2,900,000
      5,886 SF

      Turnkey Medical Facility with Expansion

      Fully equipped medical facility with development potential near Memorial Hermann.
      19007 Highway 59 N, Humble, TX 77338
      View Details
    • $1,900,000

      Established Foot Golf Course on 28 Acres

      Operational 18-hole foot golf course with retail storefront.
      2107 N Houston Ave, Humble, TX 77396
      View Details
    • $320,000
      2,250 SF

      Spacious Industrial Workshop For Sale

      Versatile workshop space ideal for trades and manufacturing businesses.
      13918 Homestead Rd, Humble, TX 77396
      View Details
    • $225,000
      1,687 SF

      Updated Townhome with Modern Features

      Open-concept townhome with updated kitchen, spacious primary suite, and loft-style office.
      20314 Roble Green Trl, Humble, TX 77346
      View Details

    FAQs

    What type of property is this?
    Land - 8.0867 acres zoned for commercial, residential, industrial, or flex use.
    Where is this land located?
    The property is located at 17603 Eastex Fwy Humble, TX.
    What is the asking price?
    The asking price for this property is $2,700,000.
    What are key features of this property?
    This property features: - Prime location just off Hwy 59 and Beltway 8 with excellent highway frontage and high visibility.; - Large 8.0867-acre lot suitable for various development options.; - Zoned for commercial, residential, industrial, or flex use.
    (713) 352-3973
    Request Owner's contact information
    17603 Eastex Fwy Humble, TX 77396
    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.
    17603 Eastex Fwy
    Humble, TX 77396
    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
    17603 Eastex Fwy Humble, TX 77396
    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
    Jorge Velasquez
    (713) 352-3973
    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.