Your AI Navigator in Commercial Real Estate
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

    1318 Avenue A South Houston, TX 77587

    • Apartment buildings
    • 55,974 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 1318 Avenue A

    Year built
    2020
    Property size
    55,974 SF
    Property type
    Apartment buildings

    Description

    This exceptional 42-unit apartment building, located at 1318 Avenue A in South Houston, Texas, presents a compelling investment opportunity. Constructed in 2020, the property boasts a 96% occupancy rate as of September 3, 2024, generating a strong in-place cash flow with a 6.70% cap rate. The six, two-story buildings encompass 55,974 square feet, with 37,625 square feet of net rentable space. The property features 100 parking spaces and comprises 42 units

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    South Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.2138
    Latitude
    29.6663

    Comparable in this City

    • Value Estimation by Request
      6,864 SF

      1318 Ave A A, Unit 28

      APARTMENT HOUSE (5+ UNITS) • 6,864 SF
      1318 Ave A A, South Houston, TX 77587-1115
      View Details
    • Value Estimation by Request
      2,366 SF

      1208 Ave N Ave, Unit 14

      APARTMENT HOUSE (5+ UNITS) • 2,366 SF
      1208 Ave N Ave, South Houston, TX 77587-5167
      View Details
    • Value Estimation
      $400,000
      3,000 SF

      1405 Main St, Unit 15

      APARTMENT HOUSE (5+ UNITS) • 3,000 SF
      1405 Main St, South Houston, TX 77587-4222
      View Details
    • Value Estimation
      $435,000
      2,002 SF

      1405 12th St, Unit 9

      APARTMENT HOUSE (5+ UNITS) • 2,002 SF
      1405 12th St, South Houston, TX 77587-5157
      View Details
    • Value Estimation
      $520,000
      13,872 SF

      406 8th St, Unit 16

      APARTMENT HOUSE (5+ UNITS) • 13,872 SF
      406 8th St, South Houston, TX 77587-4103
      View Details
    • Value Estimation
      $415,000
      4,080 SF

      402 Indiana St, Unit 4

      APARTMENT HOUSE (5+ UNITS) • 4,080 SF
      402 Indiana St, South Houston, TX 77587-3412
      View Details

    Similar Nearby for Sale

    • $950,000
      3,028 SF

      Auto Sales Lot with Rentals

      Corner lot with offices, warehouse, and apartment for sale.
      1912 Houston Blvd, South Houston, TX 77587
      View Details
    • $545,000
      3,123 SF

      South Houston Mixed-Use Investment

      Restaurant, Apartments, High ROI Potential
      412 8Th St, South Houston, TX 77587
      View Details
    • $499,900
      3,123 SF

      Mixed-Use Property with Restaurant

      Mixed-use property featuring a restaurant, commercial units, and rental units.
      412 N 8Th St, South Houston, TX 77587
      View Details
    • $1,000,000
      10,000 SF

      South Houston Industrial Warehouse For Sale

      10,000 SF insulated building with shop and office space.
      713 Nebraska St, South Houston, TX 77587
      View Details
    • $900,000
      8,750 SF

      South Houston Industrial Warehouse

      Corner lot warehouse with office space near Hobby Airport.
      1202 Washington St, South Houston, TX 77587
      View Details
    • $140,000

      Unrestricted Land in South Houston

      Unrestricted land suitable for residential or commercial development.
      Indiana St, South Houston, TX 77587
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      43,030 SF

      South Houston Retail Center

      Prime Retail Space Available, 5 Suites
      1520 College Ave, South Houston, TX 77587
      View Details
    • Contact for pricing
      8,725 SF

      Office Space with Open Layout

      Partially built-out office space with open floor plan.
      801-805 Dumont St, South Houston, TX 77587
      View Details
    • $8 SF/Yr
      29,492 SF

      Retail Space on Spencer Highway

      Retail property available for lease on Spencer Highway.
      1402-1404 Spencer Hwy S, South Houston, TX 77587
      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.
    1318 Avenue A
    South Houston, TX 77587
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.