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

    10343 Sam Houston Park Dr Houston, TX 77064

    • Office buildings
    • 162,540 SF
    • 8.83 lot acres
    For Lease
    View listing
    $15 SF/Yr
    Value Estimations
    $870,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-6498180
    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

    • Strayer University / School / University
    • BOS Solutions / Corporate Office
    • Energy Risk Consulting / Corporate Office
    • Aqua Terra Water Management / Oil And Gas Exploration Service
    • Peterson Beckner Industries / General Contractor / Structural Engineer

    Property Details for 10343 Sam Houston Park Dr

    Year built
    2007
    Construction
    FRAME
    Lot size
    8.83 lot acres
    Property size
    162,540 SF
    Property type
    Office buildings
    APN
    1277250040001
    APU
    1277250040001

    Description

    This exceptional Class A office building, located at 10343 Sam Houston Park Drive in Houston, Texas, 77064, offers a significant opportunity for businesses seeking premium space. Completed in 2007, this single, three-story building boasts a total of 159,175 square feet, with a substantial 78,799 square feet currently available for lease. The property is configured for multiple tenants, providing flexibility for businesses of various sizes. Individual suites range from a minimum of 3,517 square feet to a maximum of 25,269 square feet, catering to a diverse range of needs. The building features convenient elevator access. Its strategic location along the West Sam Houston Tollway (Beltway 8), between US 290 and Highway 249 in Northwest Houston, provides unparalleled access to major transportation arteries. The surrounding area offers a wealth of amenities, including numerous restaurants, retail shops, and banking institutions, enhancing the convenience and appeal of this property for employees and clients alike. This is a rare opportunity to secure high-quality office space in a thriving Northwest Houston location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $870,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.5545
    Latitude
    29.9149
    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
    2022
    $125,387
    $3,846,350
    $13,896,051
    $17,742,401
    -
    $3,846,350
    $13,896,051
    $17,742,401

    Comparable in this City

    • Value Estimation
      $485,000
      51,090 SF

      10940 Sam Houston W Pkwy

      OFFICE BUILDING • 51,090 SF
      10940 Sam Houston W Pkwy, Houston, TX 77064-5772
      View Details
    • Value Estimation
      $345,000
      116,400 SF

      10203 Sam Houston Park Dr

      OFFICE BUILDING • 116,400 SF
      10203 Sam Houston Park Dr, Houston, TX 77064-4670
      View Details
    • Value Estimation by Request
      37,875 SF

      7900 Sam Houston W Pkwy

      OFFICE BUILDING • 37,875 SF
      7900 Sam Houston W Pkwy, Houston, TX 77064-3407
      View Details
    • Value Estimation
      $660,000
      15,725 SF

      9730 Windfern Rd

      OFFICE BUILDING • 15,725 SF
      9730 Windfern Rd, Houston, TX 77064-5820
      View Details
    • Value Estimation
      $445,000
      40,145 SF

      8400 Sam Houston W Pkwy

      OFFICE BUILDING • 40,145 SF
      8400 Sam Houston W Pkwy, Houston, TX 77064-3461
      View Details
    • Value Estimation
      $325,000
      10,272 SF

      9511 Sam Houston N Pkwy

      OFFICE BUILDING • 10,272 SF
      9511 Sam Houston N Pkwy, Houston, TX 77064-5398
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,500 SF

      Houston Warehouse Complex

      Industrial space for sale or lease
      7918 Breen Rd, Houston, TX 77064
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      7,150 SF

      Houston Warehouse: 7,150 SF

      Industrial warehouse for sale or lease.
      7930 Breen Dr, Houston, TX 77064
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      Raw Land on Breen Drive

      Approximately 11.31 acres of raw land with direct access.
      8300 Breen Dr, Houston, TX 77064
      View Details
    • Contact for pricing
      24,500 SF

      Houston Industrial Warehouse For Sale

      24,500 SF industrial warehouse with office space in Houston.
      8603 Derrington Rd, Houston, TX 77064
      View Details
    • New
      $1,395,000
      2.91 Acres

      Prime Commercial Land Opportunity

      2.91 acre commercial lot with high visibility off N Gessner Rd.
      9535 Zaka Rd, Houston, TX 77064
      View Details
    • Contact for pricing
      15,000 SF

      Office/Warehouse with Fenced Yard

      Office/warehouse with 9,500 SF fenced yard and 10-ton crane.
      12014 Windfern Rd, Houston, TX 77064
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      47,995 SF

      Highway 249 Office Space Available

      Office spaces available for lease near Willowbrook Mall.
      17314 State Highway 249, Houston, TX 77064
      View Details
    • $15 SF/Yr
      159,175 SF

      Prime Houston Office Space

      Class A Office, 78,799 SF Available
      10343 Sam Houston Park Dr, Houston, TX 77064
      View Details
    • Contact for pricing
      14 SF

      Office Warehouse Space For Lease

      14,575 SF office warehouse space available for lease.
      11312 Windfern Rd, Houston, TX 77064
      View Details
    • Contact for pricing
      6,102 SF

      Medical Office Space Available

      Medical office space in a growing, densely populated community.
      10028 West Rd, Houston, TX 77064
      View Details
    • $8 SF/Yr
      67,581 SF

      Willowbrook Office Building

      Houston Office Space: 7 Suites Available
      7915 Farm To Market 1960 Rd, Houston, TX 77064
      View Details
    • $20 SF/Yr
      40,199 SF

      Highway Frontage Office Space Available

      Office spaces for lease near Willowbrook Mall.
      17350 State Highway 249, Houston, TX 77064
      View Details
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    Houston, TX 77064
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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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