Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    16344 Wallisville Rd Houston, TX 77049

    • Retail properties
    • 10,000 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Everest dental urgent and family care / Dentist
    • Everest Pharmacy & Medical Supply / Pharmacy
    • Tacos el sabor callejero / Taco Restaurant
    • HOTWORX- Houston, TX (Channelview) / Yoga Studio
    • Monique Thomas / Nurse Practitioner

    Property Details for 16344 Wallisville Rd

    Year built
    2019
    Property size
    10,000 SF
    Property type
    Retail properties

    Description

    This exceptional 2,100 square foot, single-tenant dental clinic presents a unique investment opportunity in the thriving Houston, TX market. Located at 16344 Wallisville Rd, near Dell Dale St, and boasting a 77049 zip code, this property is situated for convenient access and high visibility. Built in 2019, the building is a modern, single-story structure totaling 10,000 square feet, with the dental clinic occupying a significant portion. The clinic itself is fully equipped and ready for immediate operation, featuring four fully furnished exam rooms complete with dental chairs, X-ray equipment, and cleaning apparatus. A dedicated sterilization room ensures the highest standards of hygiene and patient safety. Patient and staff comfort is prioritized with the inclusion of private bathrooms and a welcoming waiting area. The property's modern design and complete operational readiness make it an ideal acquisition for a dental professional seeking an established practice or an investor looking for a stable, high-demand tenant. The property's retail classification and medical subtype cater to a growing healthcare sector. This turnkey operation offers immediate revenue potential and a strong return on investment. The property's size and location within Houston provide ample opportunity for growth and expansion. This is a rare opportunity to acquire a fully operational, modern dental clinic in a prime location.

    Value Estimations

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.1414
    Latitude
    29.8156

    Comparable in this City

    • Value Estimation by Request
      107,822 SF

      5858 Sam Houston N Pkwy

      DEPARTMENT STORE • 107,822 SF
      5858 Sam Houston N Pkwy, Houston, TX 77049-2500
      View Details
    • Value Estimation by Request
      10,000 SF

      16344 Wallisville Rd

      Medical space • 10,000 SF
      16344 Wallisville Rd, Houston, TX 77049
      View Details
    • Value Estimation by Request
      55.38 Acres

      7633 Miller Road 2

      Land • 12,000 SF
      7633 Miller Road 2, Houston, TX 77049
      View Details
    • Value Estimation by Request
      10,000 SF

      16344 Wallisville Rd

      Medical space • 10,000 SF
      16344 Wallisville Rd, Houston, TX 77049
      View Details
    • Value Estimation by Request
      13,624 SF

      12430 Beaumont Hwy

      CONVENIENCE STORE (W/FUEL PUMP) • 13,624 SF
      12430 Beaumont Hwy, Houston, TX 77049-1439
      View Details
    • Value Estimation by Request
      2,164 SF

      9517 Lamkin Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,164 SF
      9517 Lamkin Rd, Houston, TX 77049-1028
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      55.38 Acres

      Houston Retail Land Opportunity

      Prime 55-acre retail site with existing income.
      7633 Miller Road 2, Houston, TX 77049
      View Details
    • $5,899,000
      1,600 SF

      Prime Industrial Retail Space Available

      5.75-acre industrial and retail space with secure operations.
      8325 Miller Road 2, Houston, TX 77049
      View Details
    • Contact for pricing
      9.90 Acres

      Houston Commercial Land - Beltway 8

      Prime 9.9-acre commercial lot in Houston.
      8 And Uvalde, Houston, TX 77049
      View Details
    • $310,000

      Commercial Land with High Visibility

      Spacious land tract with frontage, visibility, and easy access.
      16119 Moore Rd, Houston, TX 77049
      View Details
    • $79,900

      Land for Sale

      Land available for sale in Houston, TX.
      13126 Elderberry Ln, Houston, TX 77049
      View Details
    • $989,000

      Unrestricted Land with Water Features

      28.39 acres of unrestricted land with ponds and frontage.
      Van Rd, Houston, TX 77049
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      295,640 SF

      North Point 90 Logistics Center

      Class A Warehouse, 147,496 SF Available
      13220 Crosby Fwy, Houston, TX 77049
      View Details
    • $4 SF/Yr

      Industrial Property Near Highway 90

      Industrial property located near Highway 90, suitable for manufacturing.
      16915 Leonard Rd, Houston, TX 77049
      View Details
    • Contact for pricing

      Stabilized Yard with Metal Building

      8.25-acre stabilized yard with 1,000 SF metal building for rent.
      9803 Sheldon Rd, Houston, TX 77049
      View Details
    • Contact for pricing
      4,879 SF

      Flex/Warehouse Space Available For Lease

      Flex/warehouse spaces for lease in professional industrial business park.
      5829 SW Sam Houston Pkwy, Houston, TX 77049
      View Details
    • $33,000
      3,963,960 SF

      Houston Industrial Land - 91 Acres

      Prime Houston land, ideal for industrial use.
      9393 Sheldon Rd, Houston, TX 77049
      View Details
    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.
    16344 Wallisville Rd
    Houston, TX 77049
    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.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.