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

    10223 Fm 521st Rd Rosharon, TX 77583-5103

    • Warehouses
    • 9,000 SF
    • 5.71 lot acres
    OFF-MARKET
    Last Sale
    Aug 11, 2021
    Value Estimations
    $825,000
    Show details
    Cap Rate Potential
    8%
    Warehouses
    Location Intelligence
    Property ID
    US83-3923153
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 10223 Fm 521st Rd

    Year built
    2021
    Lot size
    5.71 lot acres
    Property size
    9,000 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    7442-0000-002
    APU
    74420000002

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $715,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $955,000
      6.5%
      $885,000
      7%
      $820,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $845,000
      Market price range: $398k - $845k

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $620,000
      Current use
      AUTO REPAIR, GARAGE
      $1,190,000
      Change: +92% Conversion: Easy
      RESTAURANT
      $1,165,000
      Change: +88% Conversion: Difficult
      OFFICE BUILDING
      $1,140,000
      Change: +84% Conversion: Difficult
      RETAIL STORES
      $870,000
      Change: +40% Conversion: Moderate
      MEDICAL BUILDING
      $770,000
      Change: +24% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Rosharon
    County
    Brazoria
    State
    Texas
    Longitude
    -95.4759
    Latitude
    29.4361
    CBSA code
    26420
    CBSA name
    HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $63,605
    $222,530
    $3,377,470
    $3,600,000
    -
    $222,530
    $3,377,470
    $3,600,000

    Comparable in this City

    • Value Estimation
      $305,000
      3,000 SF

      25459 Hwy 288

      MINI-WAREHOUSE, STORAGE • 3,000 SF
      25459 Hwy 288, Rosharon, TX 77583
      View Details
    • Value Estimation
      $790,000
      2,000 SF

      16120 Hwy 6th 6

      MINI-WAREHOUSE, STORAGE • 2,000 SF
      16120 Hwy 6th 6, Rosharon, TX 77583-3224
      View Details
    • Value Estimation by Request
      2.82 Acres

      288 & Crk 56

      Warehouses • 2.82 Acres
      288 & Crk 56, Rosharon, TX 77583
      View Details
    • Value Estimation
      $290,000
      8,400 SF

      15427 County Rd 48

      WAREHOUSE, STORAGE • 8,400 SF
      15427 County Rd 48, Rosharon, TX 77583-6811
      View Details
    • Value Estimation
      $900,000
      9,878 SF

      2839 Fm 1462nd Rd

      WAREHOUSE, STORAGE • 9,878 SF
      2839 Fm 1462nd Rd, Rosharon, TX 77583-8295
      View Details
    • Value Estimation
      $300,000
      6,000 SF

      3423 County Rd 81

      WAREHOUSE, STORAGE • 6,000 SF
      3423 County Rd 81, Rosharon, TX 77583-3382
      View Details

    Similar Nearby for Sale

    • $1,250,000
      3,376 SF

      Spacious Home with Custom Warehouse

      One-story home on 10 acres with custom-built warehouse.
      1409 County Road 63, Rosharon, TX 77583
      View Details
    • Contact for pricing
      44.92 Acres

      Prime 44.92 Acre Texas Tract

      Hwy 6 & FM 521 Development Land
      0 Highway 6, Rosharon, TX 77583
      View Details
    • Contact for pricing
      329.00 Acres

      329 Acres Near Alvin, TX

      Prime Coastal Texas Land - Development Ready
      0 County Rd 35, Arcola, TX 77583
      View Details
    • $700,000
      30.00 Acres

      Rosharon, TX: 30 Acres Avail.

      Prime Agricultural/Industrial Land
      7957 County Road 121, Rosharon, TX 77583
      View Details
    • $400,000
      1,644 SF

      Rosharon Flex Space - $400K

      1,644 SF Flex Space, 1-Acre Lot
      4910 County Road 380, Rosharon, TX 77583
      View Details
    • $9,060,480
      52.00 Acres

      Prime Texas Land - Hwy 6 & Post Oak

      52 Acres, Multi-Use Potential, $9M
      0 Post Oak Blvd, Fresno, TX 77583
      View Details

    Similar Nearby for Lease

    • $2,985 /Mo
      1,500 SF

      Warehouse with Large Lot

      Warehouse/office space with a large lot for tenant use.
      15525B County Road 48, Rosharon, TX 77583
      View Details
    • $16 SF/Yr
      29,425 SF

      Manvel Flex Warehouse Space Available

      Modern multi-tenant industrial space in Rosharon, TX.
      4305 Chance Ln, Manvel, TX 77583
      View Details
    • Contact for pricing

      Rosharon Land For Lease

      Land available for lease in Rosharon, Texas.
      Fm 521 Rd, Rosharon, TX 77583
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space in Rosharon, TX

      Retail space available for lease in Rosharon, Texas.
      8421 Fm 521 Rd, Rosharon, TX 77583
      View Details
    • $22 SF/Yr
      27,260 SF

      Highway 6 Retail Plaza

      Rosharon, TX Retail Space Available
      15002 Highway 6, Rosharon, TX 77583
      View Details
    • $33 SF/Yr
      3,250 SF

      Arcola Retail Space For Lease

      3,250 sq ft, 28 parking spaces, new construction
      6713 Fm 521 Rd, Rosharon, TX 77583
      View Details
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    Rosharon, TX 77583-5103
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    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
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