Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Funeral Home on Expansive Land Title is generated by Realmo AI

    8011 W Montgomery Rd, Houston, TX 77088

    View on Map
    Claim this Listing
    For Sale
    $1,400,000

    Prime Houston location, ideal for business or redevelopment.

    Type:SCR, V, MU
    Lot size:
    1.51 Acres
    Added:
    Nov 12, 2024
    Days on Market:
    561
    Last Refresh:
    Apr 3 at 5:03 am

    Property Features for 8011 W Montgomery Rd

    General Information

    Standard status
    Active
    Lot size
    1.51 Acres
    Property subtype
    SCR, V, MU

    Building Details

    Year Built
    1980

    We can help!

    Listing Contact
    Manuel Chavez
    Manuel Chavez

    Listing agent Manuel Chavez License #Broker Lic.# 900862, Agent Lic.# 718357

    Listing office KW Commercial Texas

    Listing date Nov 12, 2024

    Source Realnex

    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 KW Commercial Texas

    HighLights

    • Large 65,815 sq.ft. lot in a prime Houston location.
    • Highly visible location on W Montgomery Rd. with significant road frontage.
    • Large on‑site parking capacity.
    • Established funeral home infrastructure with potential for renovation or repurposing.
    • Ripe for redevelopment into another commercial or community‑oriented venture.
    • Surrounded by growing neighborhoods, retail, and business developments.

    Overview

    This commercial property, situated on a 65,815 sq.ft. lot in Houston, TX, is currently operating as a funeral home. The property is located on W Montgomery Rd and offers significant road frontage, providing excellent traffic exposure. It features ample on-site parking to accommodate guests. The established funeral home infrastructure presents opportunities for renovation or repurposing. The surrounding area includes growing neighborhoods, retail establishments, and business developments. The property is suited for continued use as a funeral home or redevelopment into another commercial or community-oriented venture. Its expansive land and strategic location provide a multitude of business or investment opportunities. This versatile parcel is located in Houston's bustling market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Morgan Harris Funeral ... Social Service Agency Loving Memories Mortuary Social Service Agency

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Big Box & Wholesale Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.4316242
    Latitude
    29.8659826

    Nearby Similar for Sale

    • $950,000

      Versatile Office-Warehouse Flex Building

      Office-warehouse flex building on 0.60 acres in a high-visibility location.
      11043 Jones Road, Houston, TX 77070
      View Details
    • $6,500,000

      New Car Wash on Highway

      Newly built express car wash on high-traffic Houston corridor.
      3703 Highway 6 S, Houston, TX 77082
      View Details
    • $1,300,000

      Houston Car Wash Business Opportunity

      Full-service car wash in a high-traffic Houston location.
      12573 Richmond Avenue, Houston, TX 77082
      View Details
    • $475,000
      2,236 SF

      Modern Duplex Near Houston Hobby

      Two-story duplex built in 2020, convenient location, tenant-occupied.
      6501 Osprey Drive, Houston, TX 77048
      View Details
    • $585,000
      3,440 SF

      Townhouse-Style Duplex Near NRG Stadium

      Duplex near NRG Stadium, medical center, and downtown Houston.
      5140 Mallow Street, Houston, TX 77033
      View Details
    • $795,000
      6,465 SF

      Move-in Ready Office Condo

      High-quality office space in a prime Houston location.
      12802 Willow Centre Drive, Houston, TX 77066
      View Details
    • $2,249,000
      5,908 SF

      Updated Office Building in Montrose

      Turnkey 5,908 SF office building on 12,250 SF lot.
      4305 Yoakum Blvd., Houston, TX 77006
      View Details
    • $465,000
      3,000 SF

      Industrial Warehouse Near I-45

      Industrial warehouse with offices, restrooms, and roll-up doors.
      6715 ALMEDA GENOA RD, Houston, TX 77075
      View Details
    • $505,000
      3,200 SF

      Warehouse with Additional Building

      Warehouse and office building with development potential near downtown.
      1939 Hopper Rd, Houston, TX 77093
      View Details
    • $1,450,000
      7,543 SF

      Restaurant Opportunity in South Houston

      Former Fuddruckers restaurant space for sale in high-traffic location.
      11950 Kurland Dr, Houston, TX
      View Details
    • $3,956,315
      12,559 SF

      Free-Standing Retail Building in Houston

      Single tenant building with strong demographics and high traffic counts.
      10310 Wortham Center, Houston, TX 77065
      View Details
    • $2,450,000
      4,000 SF

      Medical Office with Prime Location

      Medical office space with elevator, waiting room, and ample parking.
      11721 FUQUA, Houston, TX
      View Details

    FAQs

    What type of property is this?
    Church & religious facility - Prime Houston location, ideal for business or redevelopment.
    Where is this church & religious facility located?
    The property is located at 8011 W Montgomery Rd Houston, TX.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: Large 65,815 sq.ft. lot in a prime Houston location.; Highly visible location on W Montgomery Rd. with significant road frontage.; Large on‑site parking capacity.
    (281) 662-4546
    We can help!
    Listing Contact
    Manuel Chavez
    Manuel Chavez
    Real Estate License ID: Broker Lic.# 900862, Agent Lic.# 718357
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    8011 W Montgomery Rd, Houston, TX 77088
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!