Add Listing
    For Lease
    • 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

    5311 FM 1960 E Road Humble, TX

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    6,200 SF retail space available for lease in Humble.

    Type:RETAIL
    Property size:
    6,200 SF
    Lot size:
    4.50 Acres
    Added:
    Jul 13, 2021
    Days on Market:
    1744
    Last Refresh:
    Apr 5 at 8:32 pm

    Property Features for 5311 FM 1960 E Road

    General Information

    Standard status
    Active
    Size
    6,200 SF
    Lot size
    4.50 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 5311 FM 1960 E Road Contact us

    We can help!

    Listing Contact
    Dwayne Morris

    Listing agent Dwayne Morris

    Listing office Texas Ally Real Estate Group

    Listing date Jul 13, 2021

    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 Texas Ally Real Estate Group

    Overview

    Humble Retail Space For Lease

    This retail space, located in Humble, Texas, offers 6,200 square feet of space available for lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Barri Booth Check Cashing El Kiosko Grocery & Convenience Store Nails & More Nail Salon

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Humble
    County
    Harris
    State
    Texas
    Longitude
    -95.1945
    Latitude
    29.9995

    Nearby Similar for Lease

    • $1.20/mo

      Northeast Houston Flex Space Available

      5,000 SF flex space for rent in Humble, Texas.
      2010 Rotary Drive, Humble, TX 77338
      View Details
    • Contact for pricing

      Flex Space Available For Lease

      Flex space with office, grade-level door, and HVAC.
      1715 Humble Place Drive, Suite C, Humble, TX 77338
      View Details
    • Contact for pricing

      Humble Place Office Space

      Office space in Humble Place Business Park available for lease.
      1931 Humble Place Drive, Humble, TX
      View Details
    • $1.05/mo

      New Construction Warehouse in Humble

      9,000 SF warehouse with offices to suit for rent.
      8101-8102 Cedar Pond Drive, Humble, TX
      View Details
    • $20/mo

      Kingwood Office Space For Rent

      Prime Kingwood location, turnkey ready for law firm.
      4300 TOWN CENTER PL, Humble, TX
      View Details
    • Contact for pricing

      Kingwood Office Space For Rent

      Office space in a growing community with convenient highway access.
      1521 Green Oak Place, Humble, TX
      View Details
    • $1.10/mo

      Humble Retail Space Available

      Retail space with offices in Humble, Texas for lease.
      8077 E FM 1960 Road, Humble, TX
      View Details
    • Contact for pricing

      Humble Warehouse and Office Space

      170,991 SF warehouse with office space for lease.
      9456 McKay Center Dr., Humble, TX, 77338
      View Details
    • $22,000/mo

      Crane Served Warehouse For Lease

      20,000 SF warehouse with cranes, office, and fenced yard.
      14446 Smith Road, Humble, TX
      View Details
    • $24/mo

      Retail Space on FM 1960

      1500 SF retail space ideal for salon or spa.
      5520 FM 1960, Humble, TX
      View Details
    • Contact for pricing

      Humble Office/Retail Building For Rent

      Renovated office/retail building in the heart of Humble, Texas.
      1010 1st St E, Humble, TX
      View Details
    • Contact for pricing

      Industrial Property Near IAH Cargo

      Industrial space for lease near IAH Cargo Center.
      8400 Volta Drive, Humble, TX, 77338
      View Details

    FAQs

    What type of property is this?
    Retail space - 6,200 SF retail space available for lease in Humble.
    Where is this retail space located?
    The property is located at 5311 FM 1960 E Road Humble, TX.
    What is the lease rate?
    The lease rate is $0.75 SF/Yr.
    What are key features of this property?
    This property features: 6,200 SF retail space available for lease.; Located in Humble.
    (713) 817-8422 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Dwayne Morris
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!