Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Building on Unrestricted Acres Title is generated by Realmo AI

    16310 Chimney Rock Rd, Houston, TX 77053

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Turnkey commercial building on 3.93 acres in Houston.

    Type:Mixed Use, Special Purpose
    Property size:
    15,000 SF
    Lot size:
    3.93 Acres
    Price / SF:
    $193/SF
    Added:
    May 14, 2026
    Days on Market:
    22
    Last Refresh:
    May 16 at 8:45 pm

    Property Features for 16310 Chimney Rock Rd

    General Information

    Standard status
    Active
    Size
    15,000 SF
    Lot size
    3.93 Acres
    Property subtype
    Mixed Use, Special Purpose

    We can help!

    Listing Contact
    Flavio Beato
    Flavio Beato

    Listing agent Flavio Beato License #729360

    Listing office Texas Commercial Real Estate Services

    Listing date May 14, 2026

    Source Crexi

    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 Texas Commercial Real Estate Services

    HighLights

    • Prime frontage on Chimney Rock Rd with strong visibility.
    • Unrestricted 3.93‑acre tract allows for flexible redevelopment.
    • Located in a rapidly developing Houston corridor.
    • Strategically positioned near major residential growth.
    • Turnkey commercial building ready for immediate use.
    • Suitable for owner‑user occupancy or investment.

    Overview

    This is a turnkey commercial building situated on approximately 3.93 unrestricted acres. The property is located in a rapidly developing Houston corridor and features prime frontage along Chimney Rock Rd, offering strong visibility and convenient access. The unrestricted reserve tract allows for flexible redevelopment, owner-user occupancy, or investment opportunities. The property is strategically positioned in Southwest Houston near major residential growth and established retail corridors. The building has a size of 15000 square feet and is suitable for a variety of commercial users.

    Local Financial Insights For Mixed Use

    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 $360.0k $24.00
    − Vacancy −$43.2k −$2.88
    EGI $316.8k $21.12
    − OpEx −$118.8k −$7.92
    NOI $198.0k $13.20
    15,000 SF · lease $24.00/SF/yr · vacancy 12.00% · expense 37.50%

    Alternative Uses

    Best Use
    Mixed Use
    $2.83M
    $2.48M – $3.30M (±1% cap)
    NOI $198,000 @ 7.0% cap · market cap 6.83%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $3.86M
    $3.38M – $4.50M (±1% cap)
    NOI $270,000 @ 7.0% cap · market cap 9.31%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Inspiration Church Church Impact Church of Houston Church Miracle Christian Fellowship Church Iglesia Rios de ... Church

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.4845773
    Latitude
    29.5893513

    Nearby Similar for Sale

    • $6,500,000

      Newly Built Express Car Wash

      2025-built express wash with modern Sonny's equipment, positioned for strong corridor demand.
      3703 Highway 6 S, Houston, TX 77082
      View Details
    • $950,000

      Office-Warehouse Flex Building

      Versatile flex building with finished office space and climate-controlled warehouse suited for light industrial, service, or logistics use.
      11043 Jones Road, Houston, TX 77070
      View Details
    • $1,300,000

      Remodeled Full Service Car Wash

      Remodeled in 2024 full service car wash on a busy Houston corridor, offering partnership-style ownership for investors.
      12573 Richmond Avenue, Houston, TX 77082
      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
    • $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
    • $875,000
      1,952 SF

      Renovated Corner Retail Building

      Recently renovated corner retail building with two access points and ample parking on a busy hard corner.
      2106-2110 Antoine Dr, Houston, TX 77055
      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
    • $2,900,000
      28,748 SF

      Industrial Warehouse with Multiple Grade Doors

      Metal industrial facility with 16’ clear height, office space, and five grade-level doors, featuring a partial five-year leaseback.
      222 Wynne St, Houston, TX 77009
      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
    • $1,400,000

      Well-Maintained Multifamily Investment Property

      Clean, well-kept multi-unit building with 2-bedroom, 1-bath units, offering steady rental income potential for investors.
      6706 Ralston Street, Houston, TX 77016
      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

    FAQs

    What type of property is this?
    Mixed-use property - Turnkey commercial building on 3.93 acres in Houston.
    Where is this mixed-use property located?
    The property is located at 16310 Chimney Rock Rd Houston, TX.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: Prime frontage on Chimney Rock Rd with strong visibility.; Unrestricted 3.93‑acre tract allows for flexible redevelopment.; Located in a rapidly developing Houston corridor.
    (713) 473-7200 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Flavio Beato
    Flavio Beato
    Real Estate License ID: 729360
    Learn More
    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
    16310 Chimney Rock Rd, Houston, TX 77053
    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!