Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    10000 Bellaire Blvd Houston, TX 77072

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    10000 Bellaire Blvd Houston, TX 77072

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

    Current Use by Public Records

    • Land

    Property Details for 10000 Bellaire Blvd

    Lot size
    1.80 lot acres
    Property type
    Land

    Description

    This exceptional 1.8-acre commercial land parcel, situated at 10000 Bellaire Boulevard in Houston, Texas, presents a compelling investment opportunity. Zoned X, this property offers significant potential for a variety of commercial developments. The asking price is $705,672, translating to a land value of $392,040 per acre. Its strategic location in the heart of Houston's vibrant Chinatown-Vietnam Town provides immediate access to a dense population base and significant consumer traffic. The property's proximity to Hong Kong Mall further enhances its desirability. This area is experiencing tremendous growth, fueled by new residential developments currently underway. All utilities are readily available, simplifying the development process. The site's size and zoning make it ideally suited for retail establishments, medical facilities, or office condominiums, catering to the diverse needs of the community. This is a rare opportunity to acquire a well-positioned commercial land parcel in a rapidly expanding market. The property's address is 10000 Bellaire Blvd, Houston, TX 77072, within Harris County. The latitude and longitude coordinates are 29.704988, -95.559022 respectively.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.559
    Latitude
    29.705

    Comparable in this City

    • Value Estimation by Request
      3.92 Acres

      Town Park Dr

      Land • 3.92 Acres
      0 Town Park Dr, Houston, TX 77072
      View Details
    • Value Estimation by Request
      16.48 Acres

      Beechnut St

      Land • 16.48 Acres
      0 Beechnut St, Houston, TX 77072
      View Details
    • Value Estimation by Request

      12115 Troulon Dr

      Land
      12115 Troulon Dr, Houston, TX 77072
      View Details
    • Value Estimation by Request
      1.83 Acres

      Vlg Bnd Ln

      COMMERCIAL (GENERAL) • 1.83 Acres
      Vlg Bnd Ln, Houston, TX 77072
      View Details
    • Value Estimation by Request
      0.83 Acres

      Bandlon Dr

      COMMERCIAL (GENERAL) • 0.83 Acres
      Bandlon Dr, Houston, TX 77072
      View Details
    • Value Estimation by Request
      0.24 Acres

      11122 Bellaire Blvd

      COMMERCIAL (GENERAL) • 0.24 Acres
      11122 Bellaire Blvd, Houston, TX 77072-2608
      View Details

    Similar Nearby for Sale

    • $995,000
      1.05 Acres

      Prime Houston Commercial Land

      1.05 Acres, $995,000
      6498 Wilcrest Dr, Houston, TX 77072
      View Details
    • Contact for pricing

      Commercial Land on Wilcrest Drive

      Commercial land with existing utilities and frontage on Wilcrest.
      8200 Wilcrest Dr, Houston, TX 77072
      View Details
    • Contact for pricing

      Established Auto Shop Business Opportunity

      Profitable auto shop for sale with established clientele and equipment.
      6116 S Dairy Ashford Rd, Houston, TX 77072
      View Details
    • Contact for pricing
      1,100 SF

      Office Unit For Sale

      Office unit with 1,100 square feet of space.
      11110 Bellaire Blvd, Houston, TX 77072
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Land For Rent Houston

      Land available for rent in Houston, Texas.
      11828 Bellaire Blvd, Houston, TX 77072
      View Details
    • Contact for pricing

      Prime Commercial Land for Lease

      47,741 SF commercial land available for lease.
      10210 Beechnut St, Houston, TX 77072
      View Details
    • Contact for pricing

      Retail Space in Shadow Center

      High-visibility retail space in a bustling Houston shopping center.
      10208 Beechnut St, Houston, TX 77072
      View Details
    • Contact for pricing

      Retail, Restaurant, and Office Space

      Retail, restaurant, and office spaces available in high-traffic Asian mall.
      11205 Bellaire Blvd, Houston, TX 77072
      View Details
    • Contact for pricing

      Sam Houston Parkway Commercial Space

      Commercial space for rent with excellent visibility and access.
      5850 W Sam Houston Pkwy S, Houston, TX 77072
      View Details
    • Contact for pricing
      7,761 SF

      Office Space with Beltway Exposure

      Office space for rent with controlled access and signage.
      8400 N Sam Houston Pkwy W, Houston, TX 77072
      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.
    10000 Bellaire Blvd
    Houston, TX 77072
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!