Add Listing
    For Sale
    • 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

    9247 Will Clayton Pkwy Humble, TX 77338

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Exceptional commercial, industrial, & residential land opportunity.

    Property Features for 9247 Will Clayton Pkwy

    General Information

    Property type
    Land
    Lot Size
    871,200 SF

    We can help!

    Listing Contact
    Abeer Abdelaal
    Abeer Abdelaal

    Listing Agency: Keller Williams Premier Realty Katy Listing Agent: Abeer Abdelaal

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 20-acre land parcel, located at 9247 Will Clayton Pkwy in Humble, Texas (zip code 77338), presents a remarkable investment opportunity. Priced at $7,500,000, this property boasts a land value of $10.80 per square foot. Its strategic location along Will Clayton Pkwy ensures high visibility and accessibility, ideal for a variety of commercial ventures. The property's zoning allows for commercial, industrial, and residential development, catering to the growing demand for housing and services in the area. Its proximity to schools and major transportation routes further enhances its appeal. The site's potential is amplified by its adjacency to a 99.5-acre parcel, offering the possibility of larger-scale, mixed-use developments. This combined 119.5 acres represents a unique chance to create a significant project within the rapidly expanding Humble market in Harris County. This is a rare opportunity to acquire a substantial land holding in a thriving Texas community. The property is easily accessible and highly visible, making it an attractive option for developers seeking to capitalize on the area's growth trajectory. Serious inquiries are encouraged.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Humble
    County
    Harris
    State
    Texas
    Longitude
    -95.2417531
    Latitude
    29.9790033

    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 Rd, Humble, TX 77338
      View Details
    • $690,000
      3,665 SF

      Salon Suites and Office Spaces

      Office property with salon suites, conference room, and parking.
      20713 Aldine Westfield Rd, Humble, TX 77338
      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 Pkwy E, Humble, TX 77396
      View Details
    • $2,000,000
      9,800 SF

      Humble Medical Office Building For Sale

      Well-located medical office building in Humble's Lake Houston medical corridor.
      1806 Humble Place Dr, Humble, TX 77338
      View Details
    • $1,438,000
      5,781 SF

      Humble Retail/Office Investment Opportunity

      Income-producing retail/office property with high visibility and easy access.
      17717 Eastex Fwy, Humble, TX
      View Details
    • $2,900,000
      5,886 SF

      Turnkey Medical Facility with Expansion

      Fully equipped medical facility with development potential near Memorial Hermann.
      19007 Highway 59 N, Humble, TX 77338
      View Details
    • $320,000
      2,250 SF

      Spacious Industrial Workshop For Sale

      Versatile workshop space ideal for trades and manufacturing businesses.
      13918 Homestead Rd, Humble, TX 77396
      View Details
    • Contact for pricing
      6,600 SF

      Highway Frontage Retail Investment Property

      Multi-tenant retail property in North Houston with highway frontage.
      23692 Highway 59 North, Humble, TX 77339
      View Details
    • $1,249,000
      4,605 SF

      Humble Office Space For Sale

      Office space available in Humble, Texas, totaling 4,605 square feet.
      3407 Rivers Edge Trl, Humble, TX 77339
      View Details
    • Contact for pricing
      12,216 SF

      Remodeled Office Building in Kingwood

      Remodeled Class B office building in the heart of Kingwood.
      2313 Timber Shadows Dr, Humble, TX 77339
      View Details
    • Contact for pricing
      13,600 SF

      Retail Center Near IAH Airport

      New retail center with frontage on FM 1960.
      7715 Byp Rd W, Humble, TX 77338
      View Details
    • $1,995,000
      18,507 SF

      Humble Warehouse Near IAH Airport

      Strategically located warehouse near major highways and IAH airport.
      5831 Martha Ln, Humble, TX 77396
      View Details

    FAQs

    What type of property is this?
    Land - Exceptional commercial, industrial, & residential land opportunity.
    Where is this land located?
    The property is located at 9247 Will Clayton Pkwy Humble, TX.
    What is the asking price?
    The asking price for this property is $7,500,000.
    (832) 863-6934 Call to check price and availability
    Request Owner's contact information
    9247 Will Clayton Pkwy Humble, TX 77338
    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.
    9247 Will Clayton Pkwy
    Humble, TX 77338
    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
    9247 Will Clayton Pkwy Humble, TX 77338
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Abeer Abdelaal
    Abeer Abdelaal
    Real Estate License ID: 414770
    (832) 863-6934 (281) 220-2100
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!