Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    10902 Scarsdale Blvd Houston, TX 77089-6023
    Back to Search
    Property profile & analytics

    10902 Scarsdale Blvd, Houston, TX 77089-6023

    View on Map
    • Grocery and convenience stores
    • 40,853 SF
    • 3.63 lot acres
    Off-Market
    Property ID
    US83-3779190
    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.
    Value Estimations
    $945,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • BLISS BAR / Hair Salon / Nail Salon
    • Food Town / Grocery & Convenience Store / Food Market
    • The Medicine Shoppe® Pharmacy / Pharmacy
    • Snowy Treats / (Bike/Boat/Book/etc) Store
    • Watermill Express / Big Box & Wholesale Store

    Property Details for 10902 Scarsdale Blvd

    Year built
    1983
    Construction
    STEEL FRAME
    Lot size
    3.63 lot acres
    Property type
    Grocery and convenience stores
    APN
    440640000086
    APU
    440640000086

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 2, 2004 — Gkb Retail Centers Eisenberg,joseph A Quit Claim Deed · related —
    Mar 24, 1997 — Gkb Retail Centers LP Texas Retail Centers 3 LP Trustees Deed $1.4M · First Union Nat'l Bank No Caro

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.2122
    Latitude
    29.5848
    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
    $21,371
    $949,098
    $2,216,180
    $3,165,278
    -
    $949,098
    $2,216,180
    $3,165,278

    Comparable in this City

    • Value Estimation by Request
      3,264 SF

      11101 Sam Houston E Pkwy, Unit 1

      CONVENIENCE STORE (W/FUEL PUMP)
      11101 Sam Houston E Pkwy, Houston, TX 77089-3993
      View Details
    • Value Estimation by Request
      5,546 SF

      12931 Nyack Dr

      CONVENIENCE STORE (W/FUEL PUMP)
      12931 Nyack Dr, Houston, TX 77089-6204
      View Details
    • Value Estimation by Request
      4,894 SF

      1980 Dixie Farm Rd

      CONVENIENCE STORE (W/FUEL PUMP)
      1980 Dixie Farm Rd, Houston, TX 77089-6713
      View Details
    • Value Estimation
      $540,000
      6,516 SF

      10103 Sam Houston E Pkwy

      CONVENIENCE STORE (W/FUEL PUMP)
      10103 Sam Houston E Pkwy, Houston, TX 77089-4771
      View Details
    • Value Estimation by Request
      2,758 SF

      10602 Fuqua St

      CONVENIENCE STORE (W/FUEL PUMP)
      10602 Fuqua St, Houston, TX 77089-2404
      View Details
    • Value Estimation
      $1,945,000
      66,439 SF

      11605 Sam Houston E Pkwy

      GROCERY, SUPERMARKET
      11605 Sam Houston E Pkwy, Houston, TX 77089-4763
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,000 SF

      Versatile Retail/Automotive Space Available

      Adaptable space suitable for retail, auto, or office use.
      14222 Gulf Fwy, Houston, TX 77089
      View Details
    • Contact for pricing
      6 SF

      Former Child Care Center ForSale

      Commercial property suitable for retail or office use.
      10911 Sabo Rd, Houston, TX 77089
      View Details
    • Contact for pricing

      Updated Triplex: Investor Opportunity

      Charming, updated triplex with rental income potential in great location.
      10134 Kirkglen Dr, Houston, TX 77089
      View Details
    • Contact for pricing

      Land For Sale Houston

      Land available for sale in Houston, Texas.
      Dickinson Rd, Houston, TX 77089
      View Details
    • Contact for pricing

      Land on I-45 Available

      Commercial land with high traffic counts on I-45.
      11101 Fuqua St, Houston, TX 77089
      View Details
    • Contact for pricing

      Cleared Land Parcel For Sale

      0.6411-acre cleared land parcel in high-visibility location.
      Beamer Rd, Houston, TX 77089
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,803 SF

      Vacant Retail Space Available

      Approximately 7,803 SF of vacant retail shell space.
      11508 Pearland Pkwy, Houston, TX 77089
      View Details
    • Contact for pricing
      1,469 SF

      Retail Space For Rent

      Retail space available for lease in Houston, Texas.
      11030 Kingspoint Rd, Houston, TX 77089
      View Details
    • Contact for pricing

      Houston Commercial Space Near Campus

      Commercial space for rent near San Jacinto College South Campus.
      13630 Beamer Rd, Houston, TX 77089
      View Details
    • Contact for pricing
      14,568 SF

      Retail Space in Houston

      Retail space available in a strong Hispanic retail market.
      10002 Fuqua St, Houston, TX 77089
      View Details
    • Contact for pricing

      Retail Spaces Available For Rent

      Retail spaces available, ranging from 1,500 to 3,440 SqFt.
      10904 Scarsdale Blvd, Houston, TX 77089
      View Details
    • $28 SF/Yr

      New Retail Space in Houston

      Newly constructed retail space in a mixed-use development.
      11508 Pearland Pkwy, Houston, TX 77089
      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.
    10902 Scarsdale Blvd
    Houston, TX 77089-6023
    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
    10902 Scarsdale Blvd, Houston, TX, 77089
    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!