Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Will Clayton Pkwy Humble, TX 77338
    Property profile & analytics

    Will Clayton Pkwy Humble, TX 77338

    View on Map
    • Land
    • 18.33 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Will Clayton Pkwy

    Lot size
    18.33 lot acres
    Property type
    Land

    Description

    This exceptional 18.33-acre commercial land parcel presents a unique investment opportunity in Humble, Texas. Situated on Will Clayton Parkway, this property boasts approximately 850 feet of frontage, providing excellent visibility and accessibility. Its strategic location offers convenient proximity to Bush Intercontinental Airport (IAH), making it ideally suited for airport support services, such as parking or industrial laydown/storage yards. The site benefits from readily available utilities and is easily accessible via major thoroughfares including Highway 59 North, Beltway 8, and Hardy Toll Road. The land is priced at $3.63 per square foot, representing a compelling value proposition for developers seeking a well-positioned site in a rapidly growing area. This property is located within the city limits of Houston, Harris County, Texas, and has a zip code of 77338. The property's size and location make it an attractive option for a variety of commercial uses. This is a rare opportunity to acquire a significant land holding in a high-demand area with excellent infrastructure and connectivity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Humble
    County
    Harris
    State
    Texas
    Longitude
    -95.3067
    Latitude
    29.9858

    Comparable in this City

    • Value Estimation by Request
      10.13 Acres

      3011 Richey Rd

      Land • 10.13 Acres
      3011 Richey Rd, Houston, TX 77338
      View Details
    • Value Estimation by Request
      30.40 Acres

      Cypresswood Dr

      Farms • 30.40 Acres
      0 Cypresswood Dr, Humble, TX 77338
      View Details
    • Value Estimation by Request
      3.79 Acres

      6245 Will Clayton Pkwy

      Land • 3.79 Acres
      6245 Will Clayton Pkwy, Humble, TX 77338
      View Details
    • Value Estimation by Request
      4.10 Acres

      Kenswick Dr

      Land • 4.10 Acres
      0 Kenswick Dr, Humble, TX 77338
      View Details
    • Value Estimation by Request
      1.04 Acres

      1960 Byp Rd

      Land • 1.04 Acres
      1960 Byp Rd, Humble, TX 77338
      View Details
    • Value Estimation by Request

      Moonshine Hill Loop

      Farms
      0 Moonshine Hill Loop, Humble, TX 77338
      View Details

    Similar Nearby for Sale

    • $595,000

      Humble Land For Sale

      Land available for sale in Humble, Texas.
      9425 Fm 1960 Bypass Rd W, Humble, TX 77338
      View Details
    • $55,000

      Land For Sale Humble, TX

      Land available for purchase in Humble, Texas.
      Clairfield Ln, Humble, TX 77338
      View Details
    • Contact for pricing

      Wooded Lot Near Downtown Humble

      Unrestricted wooded lot, convenient to downtown Humble, restaurants, and shopping.
      20119 Belleau Wood Dr, Humble, TX 77338
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Land Near IAH Airport

      Land with access to major roads, ideal for development.
      21135 Aldine Westfield Rd, Humble, TX 77338
      View Details
    • Contact for pricing
      30,000 SF

      Humble Warehouse: 30,000 SF

      Spacious industrial warehouse, ideal for various uses.
      5301 Fm 1960 Rd, Humble, TX 77338
      View Details
    • Contact for pricing

      Retail Space in Humble, Texas

      Single tenant retail space available for lease in Humble.
      313 E Main St, Humble, TX 77338
      View Details
    • Contact for pricing

      Downtown Humble Commercial Space Available

      Commercial space in Downtown Humble with high foot traffic.
      309 E Main St, Humble, TX 77338
      View Details
    • Contact for pricing

      Humble Retail Spaces Available

      Retail spaces available, ranging from 500 to 6,217 SqFt.
      3103 Farm To Market 1960 Rd E, 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 Dr, Humble, TX 77338
      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.
    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
    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
    Will Clayton Pkwy, 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!