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    Versatile Property with Income Potential Title is generated by Realmo AI

    9011-9013 Dowdell Road, Tomball, TX

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    Land with residence, repair shop, and parking in Tomball, TX.

    Type:LAND
    Lot size:
    3.89 Acres
    Added:
    Nov 24, 2025
    Days on Market:
    188
    Last Refresh:
    May 19 at 9:36 pm

    Property Features for 9011-9013 Dowdell Road

    General Information

    Standard status
    Active
    Lot size
    3.89 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Tom Condon, Jr.

    Listing agent Tom Condon, Jr.

    Listing office Colliers - The Woodlands

    Listing date Nov 24, 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 Colliers - The Woodlands

    HighLights

    • Unrestricted ±3.89 acre land site with ±427’ frontage on Dowdell Road
    • Leased ±2,000 SF Repair Shop (9013 Dowdell) providing immediate income
    • Occupied ±2,156 SF remodeled residence (9011 Dowdell) with office conversion potential
    • Outside Storage/Parking area operated by Green Acres Premium Parking
    • Easy access to FM 2920, Kuykendahl Rd & Grand Parkway
    • Ideal location for owner‑occupied user

    Overview

    This property features a land site of approximately 3.89 acres. It includes 9011 Dowdell, an occupied residence of approximately 2,156 square feet built in 1958 and remodeled, presenting a potential office conversion opportunity. Additionally, 9013 Dowdell is a leased repair shop of approximately 2,000 square feet occupied by Southern Star Diesel. An outside storage and parking area is operated by Green Acres Premium Parking. The property has approximately 427 feet of frontage on Dowdell Road and offers convenient access to FM 2920, Kuykendahl Rd, and Grand Parkway. The location is suitable for an owner-occupied user. Utilities are currently provided by a private water well and septic systems. The property is unrestricted.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    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.

    Similar Places Nearby

    • EP Window Films — 9122 springcroft ct, tomball, tx 77375
    • Windvane Windshield Replacement — 8535 Ponderosa Pine Pl, Tomball, TX 77375
    • Southern Star Diesel and Automotive — 9013 Dowdell Rd, Tomball, TX 77375
    • Goodyear — 9421 Farm to Market 2920 Bld #3, Tomball, TX 77375
    • K M House of Motorsports — 9421 Farm to Market 2920 Building 7, Tomball, TX 77375

    Location Insight

    • Map
    • Local Demand
    City
    Tomball
    County
    Harris
    State
    Texas
    Longitude
    -95.5522
    Latitude
    30.0872

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    FAQs

    What type of property is this?
    Auto shop - Land with residence, repair shop, and parking in Tomball, TX.
    Where is this auto shop located?
    The property is located at 9011-9013 Dowdell Road Tomball, TX.
    What is the asking price?
    The asking price for this property is $990,000.
    What are key features of this property?
    This property features: Unrestricted ±3.89 acre land site with ±427’ frontage on Dowdell Road; Leased ±2,000 SF Repair Shop (9013 Dowdell) providing immediate income; Occupied ±2,156 SF remodeled residence (9011 Dowdell) with office conversion potential
    (713) 830-4007 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Tom Condon, Jr.
    Learn More
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    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.

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