Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    10496 Katy Fwy Houston, TX 77043-5270

    • Office buildings
    • 136,921 SF
    • 9.81 lot acres
    OFF-MARKET
    Value Estimations
    $2,940,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3430794
    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

    • Dr Dice Office / Medical Clinic
    • Memorial Bone & Joint Research Foundation / Research Foundation
    • Dr. Stephan Kreuser (orthopedic Surgeon) / Physician
    • Envoy Mortgage - Houston, TX / Loan Service / Bank
    • Jason Ramos, PT, DPT / Physician

    Property Details for 10496 Katy Fwy

    Year built
    2001
    Construction
    STEEL FRAME
    Lot size
    9.81 lot acres
    Property size
    136,921 SF
    Property type
    Office buildings
    APN
    1216320010001
    APU
    1216320010001

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $3,310,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $3,780,000
      Change: +14% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.5567
    Latitude
    29.7878
    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
    $374,818
    $14,556,090
    $19,977,813
    $34,533,903
    -
    $14,556,090
    $19,977,813
    $34,533,903

    Comparable in this City

    • Value Estimation
      $4,090,000
      250,220 SF

      3505 Sam Houston N Pkwy

      OFFICE BUILDING • 250,220 SF
      3505 Sam Houston N Pkwy, Houston, TX 77043-1252
      View Details
    • Value Estimation
      $530,000
      47,219 SF

      1080 Sam Houston N Pkwy

      OFFICE BUILDING • 47,219 SF
      1080 Sam Houston N Pkwy, Houston, TX 77043-5021
      View Details
    • Value Estimation by Request
      5,037 SF

      1600 Townhurst Dr

      OFFICE BUILDING • 5,037 SF
      1600 Townhurst Dr, Houston, TX 77043-3227
      View Details
    • Value Estimation
      $915,000
      56,405 SF

      10810 Katy Fwy

      OFFICE BUILDING • 56,405 SF
      10810 Katy Fwy, Houston, TX 77043-5028
      View Details
    • Value Estimation
      $685,000
      30,700 SF

      10401 Centrepark Dr

      OFFICE BUILDING • 30,700 SF
      10401 Centrepark Dr, Houston, TX 77043-1345
      View Details
    • Value Estimation
      $1,105,000
      38,862 SF

      10855 Westview Cir Dr

      OFFICE BUILDING • 38,862 SF
      10855 Westview Cir Dr, Houston, TX 77043
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,200 SF

      7,200 SF Free Standing Building

      7,200 SF building with office, warehouse, and outside storage.
      1331 Upland Dr, Houston, TX 77043
      View Details
    • $176,500

      Corner Condo with Community Amenities

      Four-bedroom condo with two living areas and community amenities.
      11002 Hammerly Blvd, Houston, TX 77043
      View Details
    • $159,900

      Poolside Townhouse with Recent Updates

      Two-bedroom townhouse near pool with updated features and convenient location.
      1911 Sherwood Forest St, Houston, TX 77043
      View Details
    • Contact for pricing
      10,750 SF

      Town & Country Retail Center Investment

      Houston Retail Center, 100% Occupied
      10780 Westview Dr, Houston, TX 77043
      View Details
    • $130,000

      Land For Sale

      Land available for purchase in Houston, Texas.
      1220 Shadowdale Dr, Houston, TX 77043
      View Details
    • $850,000

      Residential/Commercial Property for Sale

      Residential/Commercial property with potential for office conversion in ideal commercial zone.
      1665 Brittmoore Rd, Houston, TX 77043
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      583 SF

      Office Space For Rent

      583 square feet office space available for lease.
      10810 Katy Fwy, Houston, TX 77043
      View Details
    • $11 SF/Yr
      9,552 SF

      Office Space with Flex Potential

      9,552 SF office space adaptable to flex or subdivision.
      1702 Townhurst Dr, Houston, TX 77043
      View Details
    • $11 SF/Yr
      61,872 SF

      One Woodbranch Center: Houston Office

      Prime Houston Office Space: 12,233 SF Available
      11931 Wickchester Ln, Houston, TX 77043
      View Details
    • $24 SF/Yr
      29,494 SF

      Executive Office Suites, Houston

      Class A Office Space, Abundant Parking
      2930 Sam Houston Pkwy, Houston, TX 77043
      View Details
    • Contact for pricing
      5,000 SF

      Class A Office/Flex Space

      5,000 SF of furnished office/flex space with above-standard finishes.
      10692 Haddington Dr, Houston, TX 77043
      View Details
    • Contact for pricing
      45,681 SF

      Brittmoore Road Warehouse Space Available

      Large warehouse space for lease; flexible options.
      1717 Brittmoore Rd, Houston, TX 77043
      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.
    10496 Katy Fwy
    Houston, TX 77043-5270
    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.