Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Aesthetic Cir Houston, TX 77062

    Property Lookup

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

    Aesthetic Cir Houston, TX 77062

    View on Map
    • Retail properties & Spaces
    • 0.97 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 Aesthetic Cir

    Lot size
    0.97 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Land

    Description

    This ±0.97-acre (≈42,253 sq ft) commercial lot in Houston, Texas (77062), presents a unique investment opportunity. Situated on Aesthetic Circle, just off Clear Lake City Blvd, this level parcel, while irregularly shaped, is perfectly positioned within a thriving medical community. The location offers high visibility in a well-established cul-de-sac business park, surrounded by successful businesses including The Clinic for Plastic Surgery and a future UTMB medical clinic, as well as a retail center. This prime location is well-suited for medical office development or a healthcare facility. The property is located in the 500-year floodplain and requires stormwater detention. All utilities are available. The property is currently unzoned. The asking price is $549,000, translating to $13 per square foot of land value. The property owner's association adds to the established nature of the area. This is an exceptional opportunity to acquire a strategically located commercial parcel in a high-demand area.

    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
    -95.1534
    Latitude
    29.5838

    Comparable in this City

    • Value Estimation
      $785,000
      15,552 SF

      1180 Clear Lk City Blvd

      DRUG STORE, PHARMACY • 15,552 SF
      1180 Clear Lk City Blvd, Houston, TX 77062-8103
      View Details
    • Value Estimation
      $1,485,000
      12,635 SF

      16185 Spc Ctr Blvd

      DRUG STORE, PHARMACY • 12,635 SF
      16185 Spc Ctr Blvd, Houston, TX 77062-6210
      View Details
    • Value Estimation
      $810,000
      16,703 SF

      16590 El Camino Real

      DRUG STORE, PHARMACY • 16,703 SF
      16590 El Camino Real, Houston, TX 77062-5723
      View Details
    • Value Estimation by Request
      6,914 SF

      1140 Clear Lk City Blvd

      MEDICAL BUILDING • 6,914 SF
      1140 Clear Lk City Blvd, Houston, TX 77062-8128
      View Details
    • Value Estimation by Request
      3,352 SF

      1205 Clear Lk City Blvd

      MEDICAL BUILDING • 3,352 SF
      1205 Clear Lk City Blvd, Houston, TX 77062-8105
      View Details
    • Value Estimation
      $700,000
      10,973 SF

      14903 El Camino Real

      MEDICAL BUILDING • 10,973 SF
      14903 El Camino Real, Houston, TX 77062-2603
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,000 SF

      Houston Retail Property For Sale

      Retail property for sale near NASA and UH Clear Lake.
      16216 Moon Rock Dr, Houston, TX 77062
      View Details
    • Contact for pricing

      Commercial Lot for Medical Office

      Prime commercial lot suitable for medical or healthcare facility.
      Aesthetic Cir, Houston, TX 77062
      View Details
    • $1,500,000
      6,745 SF

      Freestanding Office Building For Lease

      Recently renovated office building in Clear Lake, Texas.
      16610 Sea Lark Rd, Houston, TX 77062
      View Details
    • Contact for pricing
      6,745 SF

      Freestanding Office Building in Houston

      Recently renovated office building near Clear Lake Medical Center.
      16610 Sea Lark Rd, Houston, TX 77062
      View Details
    • $750,000
      4,320 SF

      Office Flex Space For Rent

      Office and flex space available for immediate move-in.
      16628 Sea Lark Rd, Houston, TX 77062
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      4,402 SF

      Operating Convenience Store with Gas

      Operating convenience store with gas and restaurant/fast food space.
      1190 Clear Lake City Blvd, Houston, TX 77062
      View Details
    • Contact for pricing
      3,832 SF

      Retail Space Near Clear Lake

      Retail property in a dense, affluent suburb near Clear Lake.
      1001 Pineloch Dr, Houston, TX 77062
      View Details
    • Contact for pricing
      2,000 SF

      Retail Space Available For Lease

      9,700 square feet of retail space for lease.
      2323 Clear Lake City Blvd, Houston, TX 77062
      View Details
    • Contact for pricing

      El Camino Real Retail Center

      Retail spaces available in high-traffic Houston shopping center.
      16512 El Camino Real, Houston, TX 77062
      View Details
    • Contact for pricing
      3,110 SF

      Clear Lake Class A Landmark

      Class A office building in the heart of Clear Lake.
      16055 Space Center Blvd, Houston, TX 77062
      View Details
    • Contact for pricing

      Freestanding Office Building in Houston

      Recently renovated office building suitable for professional or medical use.
      16610 Sea Lark Rd, Houston, TX 77062
      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.
    Aesthetic Cir
    Houston, TX 77062
    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

    Aesthetic Cir, Houston, TX, 77062

    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!