Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Kermier Rd Waller, TX 77447
    Back to Search
    Property profile & analytics

    Kermier Rd, Waller, TX 77447

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

    Current Use by Public Records

    • Land

    Property Details for 0 Kermier Rd

    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 17.95-acre land parcel, situated in Harris County, presents a unique opportunity for commercial or industrial development. Designated as Kermier Commerce Park, this single-tenant site offers significant potential for businesses seeking a substantial footprint for their operations. The expansive acreage allows for considerable flexibility in design and construction, accommodating a wide range of projects. The property's location within Harris County provides convenient access to major transportation arteries, ensuring efficient logistics and distribution. This is an ideal location for companies requiring ample space for warehousing, manufacturing, or other large-scale operations. The absence of existing buildings allows for complete customization to meet specific business needs, maximizing efficiency and minimizing adaptation costs. Prospective tenants can envision a facility tailored precisely to their operational requirements, from layout and building materials to specialized infrastructure. This prime land offers a blank canvas for creating a state-of-the-art facility, perfectly positioned for growth and success within a thriving business environment. The single-tenant nature of the property ensures exclusive use and control, eliminating the complexities of multi-tenant management. This presents a rare opportunity to secure a significant land holding in a desirable location, offering substantial long-term value and growth potential. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property is available for lease.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Waller
    County
    Harris
    State
    Texas
    Longitude
    -95.8574
    Latitude
    30.0514

    Comparable in this City

    • Value Estimation by Request
      17.95 Acres

      Kermier Rd

      Land
      0 Kermier Rd, Waller, TX 77447
      View Details
    • Value Estimation by Request
      14.76 Acres

      Mueschke Rd

      Land
      0 Mueschke Rd, Hockley, TX 77447
      View Details
    • Value Estimation by Request
      23.00 Acres

      22731 Farm To Market 2920

      Land
      22731 Farm To Market 2920, Hockley, TX 77447
      View Details
    • Value Estimation by Request
      64.60 Acres

      Kermier Rd

      Land
      0 Kermier Rd, Waller, TX 77447
      View Details
    • Value Estimation by Request
      2.60 Acres

      77447 Waller County

      Investment properties
      77447 Waller County, Hockley, TX 77447
      View Details
    • Value Estimation by Request
      98.80 Acres

      Bauer Rd

      Land
      0 Bauer Rd, Hockley, TX 77447
      View Details

    Similar Nearby for Sale

    • $2,940,300
      1,904 SF

      Unrestricted Land in Growing Area

      10 acres of unrestricted land ideal for development.
      16070 Warren Ranch Rd, Hockley, TX 77447
      View Details
    • Contact for pricing

      Corner Lot Near Waller ISD

      1.94 AC corner lot near new elementary school.
      Nec Of Becker Rd & Cumberland Rdg Dr, Hockley, TX 77447
      View Details
    • Contact for pricing

      Land For Sale Hockley

      Land available for sale in Hockley, Texas.
      Becker Rd, Hockley, TX 77447
      View Details
    • $75,000

      Almost 1 Acre Land

      Land for sale near FM 1488, Hockley, Texas.
      23456 Sweet Gum Dr, Hockley, TX 77447
      View Details
    • Contact for pricing
      6,000 SF

      Hockley Industrial Property For Sale

      6,000 square foot industrial property in Hockley, Texas.
      18606 Kermier Rd, Hockley, TX 77447
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Hockley Land For Rent

      Land available for rent in Hockley, Texas.
      19333 Becker Rd, Hockley, TX 77447
      View Details
    • Contact for pricing
      6,500 SF

      Hockley Flex Space Available

      6,500 SF flex space with office and frontage access.
      18608 Kermier Rd, Hockley, TX 77447
      View Details
    • Contact for pricing

      Hockley Flex Space For Lease

      Flex space available for lease in Hockley, Texas.
      18231 Bauer Rd, Hockley, TX 77447
      View Details
    • Contact for pricing

      Crane Ready Warehouse in Hockley

      26,400 SF crane-ready warehouse with laydown yard for lease.
      36402 Hempstead Rd, Hockley, TX 77447
      View Details
    • Contact for pricing

      Office/Flex Building in Zube Park

      High-quality office/flex space in Zube Business Park.
      17543 Roberts Rd, Hockley, TX 77447
      View Details
    • Contact for pricing

      Hockley Multi-Acre Commercial Property

      Versatile property in Hockley, perfect for commercial or investment use.
      17244 Badtke Rd, Hockley, TX 77447
      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.
    Kermier Rd
    Waller, TX 77447
    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
    Kermier Rd, Waller, TX, 77447
    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!