Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Humble Retail/Office Investment Opportunity Title is generated by Realmo AI

    17717 EASTEX FWY, Humble, TX

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Income-producing retail/office property with high visibility and easy access.

    Type:RETAIL
    Property size:
    5,781 SF
    Lot size:
    0.66 Acres
    Price / SF:
    $248/SF
    Added:
    Aug 12, 2025
    Days on Market:
    293
    Last Refresh:
    May 20 at 9:13 pm

    Property Features for 17717 EASTEX FWY

    General Information

    Standard status
    Active
    Size
    5,781 SF
    Lot size
    0.66 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Anne Vickery
    Anne Vickery

    Listing agent Anne Vickery License #0484993

    Listing office Anne Vickery & Associates Realty LLC

    Listing date Aug 12, 2025

    Source Moodyscre

    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 Anne Vickery & Associates Realty LLC

    HighLights

    • Income Producing - Tenants in Place
    • Excellent Location – Minutes from IAH Airport
    • High Visibility – Frontage on Hwy 59
    • Total Building Area: 5,781 SF
    • Retail Development Ready
    • Easy Access – I‑69 & Beltway 8

    Overview

    This property features two buildings, one with 2,800 square feet and the other with 2,981 square feet, totaling a building area of 5,781 square feet. Situated on a 0.68-acre lot (21,020 square feet), the property is suitable for retail or office use. It benefits from its location minutes from IAH Airport, high visibility with frontage on Hwy 59, and easy access to I-69 and Beltway 8. The property is also close to Rankin Rd, Will Clayton Pkwy, and FM 1960. Tenants are currently in place, offering an income-producing opportunity. The site is retail development ready and utilizes well and septic utilities.

    Local Financial Insights For Office B

    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 $133.2k $23.04
    − Vacancy −$32.2k −$5.58
    EGI $101.0k $17.46
    − OpEx −$25.2k −$4.37
    NOI $75.7k $13.10
    5,781 SF · lease $23.04/SF/yr · vacancy 24.20% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.08M
    $946.5K – $1.26M (±1% cap)
    NOI $75,721 @ 7.0% cap · market cap 5.27%
    Second Best
    Retail
    $981.3K
    $858.6K – $1.14M (±1% cap)
    NOI $68,689 @ 7.0% cap · market cap 4.78%
    Theoretical Best
    Office A
    $1.58M
    $1.38M – $1.84M (±1% cap)
    NOI $110,496 @ 7.0% cap · market cap 7.68%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Hair Salon Building Supply Big Box & Wholesale Store Department Store Bar & Pub Auto Repair Shop HVAC Service Barber Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Humble
    County
    Harris
    State
    Texas
    Longitude
    -95.2639
    Latitude
    29.9981

    Nearby Similar for Sale

    • $825,000
      4,495 SF

      Humble Office Building For Sale

      Professional office building on a high-visibility corner lot.
      20103 Aldine Westfield Road, Humble, TX
      View Details
    • $2,700,000
      24,750 SF

      Multi-Tenant Industrial Asset For Sale

      24,750 SF multi-tenant industrial asset on 2.05 acres.
      16820 Lee Rd, Humble, TX 77396
      View Details
    • $1,775,000
      9,977 SF

      Newly Constructed Industrial Space

      Shallow-bay industrial space in Humble, Texas, delivered in 2024.
      2323 S Houston Ave Building #10, Humble, TX 77396
      View Details
    • Contact for pricing
      10,280 SF

      Humble Retail Showroom on Highway

      10,280 SF showroom on 0.96 AC available for sale.
      20155 Highway 59 N, Humble, TX 77338
      View Details
    • $1,400,000
      253 SF

      Atascocita Two-Story Office Building

      Two-story office building with short-term leases in Atascocita.
      8530 E FM 1960 RD, Humble, TX
      View Details
    • $750,000
      4,200 SF

      Humble Commercial Property For Sale

      Versatile commercial property with office and warehouse space in Humble.
      5809 Albert Dr, Humble, TX 77396
      View Details
    • Contact for pricing
      88,551 SF

      Retail Space on Beltway 8

      Retail space for sale at Beltway 8 and Wilson Road.
      9504 N Sam Houston Pky E, Humble, TX 77396
      View Details
    • $3,300,000
      28,620 SF

      Humble Industrial Property for Sale

      Two-building industrial property with stabilized yard and expansion room.
      1215 Indiana Street, Humble, TX, 77396
      View Details
    • $2,900,000
      5,886 SF

      Turnkey Medical Facility with Expansion

      Fully equipped medical facility with development potential near Memorial Hermann.
      19007 N HIGHWAY 59, Humble, TX
      View Details
    • $495,000

      Renovated Triplex in Downtown Humble

      Recently renovated triplex with three 2-bedroom units in Humble.
      502 Sammon Dr 1-3, Humble, TX 77338
      View Details
    • Contact for pricing
      13,084 SF

      Single-Story Stone Building on Three Acres

      Versatile 13,084 sq ft property ideal for live-in care.
      18111 Timber Forest Drive, Humble, TX 77346
      View Details
    • $825,000
      4,495 SF

      Professional Office Building For Sale

      High-visibility office building with flexible layout and excellent accessibility.
      20103 Aldine Westfield Rd, Humble, TX 77338
      View Details

    FAQs

    What type of property is this?
    Retail space - Income-producing retail/office property with high visibility and easy access.
    Where is this retail space located?
    The property is located at 17717 EASTEX FWY Humble, TX.
    What is the asking price?
    The asking price for this property is $1,438,000.
    What are key features of this property?
    This property features: Income Producing - Tenants in Place; Excellent Location – Minutes from IAH Airport; High Visibility – **Frontage on Hwy 59**
    (713) 907-9680 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Anne Vickery
    Anne Vickery
    Real Estate License ID: 0484993
    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
    17717 EASTEX FWY, Humble, TX
    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!