Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Northeast Houston Office Building Title is generated by Realmo AI

    8811 Farm to Market 1960 Bypass Rd W, Humble, TX 77338

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Four-story office building near George Bush Intercontinental Airport.

    Type:Office
    Property size:
    41,688 SF
    Lot size:
    8.00 Acres
    Added:
    Apr 23, 2021
    Days on Market:
    1867
    Last Refresh:
    May 12 at 8:22 pm

    Property Features for 8811 Farm to Market 1960 Bypass Rd W

    General Information

    Standard status
    Active
    Size
    41,688 SF
    Lot size
    8.00 Acres
    Property subtype
    Office

    Spaces For Lease

    at 8811 Farm to Market 1960 Bypass Rd W Contact us

    Suite 230 - 2nd Floor $21/Mo

    Size
    1,879 SF
    Type
    Office
    Contact us

    4th Floor $21/Mo

    Size
    12,266 SF
    Type
    Office
    Contact us

    Suite 225 - 2nd Floor $21/Mo

    Size
    1,096 SF
    Type
    Office
    Contact us

    3rd Floor $21/Mo

    Size
    12,266 SF
    Type
    Office
    Contact us

    We can help!

    Listing Contact
    Adam McAlpine

    Listing agent Adam McAlpine License #TX 600646

    Listing office McAlpine Interests

    Listing date Apr 23, 2021

    Source Crexi

    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 McAlpine Interests

    HighLights

    • Excellent Northeast Houston location on FM 1960 Bypass Rd.
    • Four (4) + parking spaces per 1,000 SF of NRA
    • Close proximity to George Bush Intercontinental Airport
    • Includes lighted hard corner intersection of Deerbrook Park Blvd and FM 1960 Bypass Rd. W
    • Citizens Bank's Houston area main office and bank
    • Four (4) story - 41,688 SF office building completed in July 2007

    Overview

    This four-story, 41,688-square-foot office building was completed in July 2007. It features a 17.75% add-on for multi-tenant floors and a 7% add-on for full floors. The property includes four-plus parking spaces per 1,000 square feet of net rentable area. Located in Northeast Houston within an eight-acre planned development, the property is situated on Farm to Market 1960 Bypass Road West, east of Kenswick Drive and west of the Townsen Loop. It includes the lighted hard corner intersection of Deerbrook Park Boulevard and Farm to Market 1960 Bypass Road West. The building is in close proximity to George Bush Intercontinental Airport, as well as retail and residential areas. It serves as Citizens Bank's Houston area main office and bank.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    Humble
    County
    Harris
    State
    Texas
    Longitude
    -95.2914
    Latitude
    30.0245

    Nearby Similar for Lease

    • $1.20 SF/Yr
      5,000 SF

      Northeast Houston Flex Space Available

      5,000 SF flex space for rent in Humble, Texas.
      2010 Rotary Drive, Humble, TX 77338
      View Details
    • $3,392/Mo
      6,360 SF

      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
    • $17 SF/Yr
      1,878 SF

      Medical Office Condo For Rent

      Medical office condo with highway access and ample parking.
      18838-18842 S Memorial Dr, Humble, Texas 77338
      View Details
    • $500/Mo
      289 SF

      Humble Place Office Space

      Office space in Humble Place Business Park available for lease.
      1931 Humble Place Drive, Humble, TX
      View Details
    • $24 SF/Yr
      1,500 SF

      Retail Space on FM 1960

      1500 SF retail space ideal for salon or spa.
      5520 FM 1960, Humble, TX
      View Details
    • $1.10 SF/Yr
      1,000 SF

      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
      170,991 SF

      Humble Warehouse and Office Space

      170,991 SF warehouse with office space for lease.
      9456 McKay Center Dr., Humble, TX, 77338
      View Details
    • Contact for pricing
      45,000 SF

      Medical Office Building For Lease

      Class A medical office with surgery center, shell spaces available.
      1485 FM 1960 Byp E, Humble, TX 77338
      View Details
    • Contact for pricing
      38,258 SF

      Medical Office Building For Lease

      Class A medical office space with direct tollway access.
      9701 N Sam Houston Pky, Humble, TX 77396
      View Details
    • $24 SF/Yr
      1,012 SF

      Retail Space For Rent

      Retail space available for lease in Humble, Texas.
      14925 Old Humble Road, Humble, TX
      View Details
    • $21 SF/Yr
      1,879 SF

      Humble Office Building For Lease

      Four-story office building in Northeast Houston, near IAH Airport.
      8811 FM 1960 Bypass Road W, Humble, TX
      View Details
    • Contact for pricing
      476,000 SF

      Humble TX Industrial Space

      New 476,000 SF Class A industrial property for lease.
      21619 Rayford Road, Humble, TX 77338
      View Details

    FAQs

    What type of property is this?
    Office building - Four-story office building near George Bush Intercontinental Airport.
    Where is this office building located?
    The property is located at 8811 Farm to Market 1960 Bypass Rd W Humble, TX.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: Excellent Northeast Houston location on FM 1960 Bypass Rd.; Four (4) + parking spaces per 1,000 SF of NRA; Close proximity to George Bush Intercontinental Airport
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Adam McAlpine
    Real Estate License ID: TX 600646
    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
    8811 Farm to Market 1960 Bypass Rd W, Humble, TX 77338
    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!