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

    1105 Lk Woodlands Dr The Woodlands, TX 77380-3226

    • Turn key restaurants
    • 7,010 SF
    OFF-MARKET
    Value Estimations
    $505,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-2406481
    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

    • Turn key restaurants

    Property Details for 1105 Lk Woodlands Dr

    Year built
    1995
    Property size
    7,010 SF
    Zone code
    6
    Property type
    Turn key restaurants
    APN
    9708-00-00185
    APU
    97080000185

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $520,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $491,000
      Market price range: $470k - $939k

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $710,000
      Current use
      WAREHOUSE, STORAGE
      $735,000
      Change: +4% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $700,000
      Change: -1% Conversion: Easy
      OFFICE BUILDING
      $635,000
      Change: -11% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    The Woodlands
    County
    Montgomery
    State
    Texas
    Longitude
    -95.4527
    Latitude
    30.1668
    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
    $39,539
    $0.00
    $1,982,919
    $1,982,919
    -
    $0.00
    $1,982,919
    $1,982,919

    Comparable in this City

    • Value Estimation
      $600,000
      6,892 SF

      25665 Interstate 45

      RESTAURANT • 6,892 SF
      25665 Interstate 45, Spring, TX 77380-3506
      View Details
    • Value Estimation by Request
      6,966 SF

      1155 Lk Woodlands Dr

      RESTAURANT • 6,966 SF
      1155 Lk Woodlands Dr, The Woodlands, TX 77380-3226
      View Details
    • Value Estimation by Request
      2,436 SF

      343 Sawdust Rd

      RESTAURANT • 2,436 SF
      343 Sawdust Rd, Spring, TX 77380-2240
      View Details
    • Value Estimation
      $705,000
      14,533 SF

      26817 Interstate 45

      RESTAURANT • 14,533 SF
      26817 Interstate 45, Spring, TX 77380-1909
      View Details
    • Value Estimation
      $855,000
      14,399 SF

      1212 Lk Robbins Dr

      RESTAURANT • 14,399 SF
      1212 Lk Robbins Dr, Spring, TX 77380-1159
      View Details
    • Value Estimation by Request
      17,772 SF

      2501 Research Forest Dr

      Neighborhood centers • 17,772 SF
      2501 Research Forest Dr, The Woodlands, TX 77380
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2.10 Acres

      Sawdust Road Retail Center Opportunity

      Prime Spring, TX Retail Land, Two Pads Available
      1226 Sawdust Rd, Spring, TX 77380
      View Details
    • $4,000,000
      13,496 SF

      Prime Spring Shopping Center

      High-Yield Retail Investment, 100% Occupied
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      Prime Retail-Ready Pad Site

      High-traffic location with I-45 frontage in rapidly growing area.
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      8,640 SF

      Live/Work Location in The Woodlands

      Two-story office building and warehouse near The Woodlands.
      1231 Pruitt Rd, Spring, TX 77380
      View Details
    • Contact for pricing
      139,107 SF

      Class A Office Space

      Class A office space in The Woodlands town center.
      1330 Lake Robbins Dr, The Woodlands, TX 77380
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    • Contact for pricing
      50,380 SF

      The Woodlands Town Center Office

      Atrium-style office building in The Woodlands Town Center.
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    Similar Nearby for Lease

    • $34 SF/Yr
      5,200 SF

      Woodpark Shopping Center Retail Space

      Spring, TX retail space available. High traffic, strong anchors.
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      Sawdust Center Retail Space for Lease

      Spring, TX Retail Center - High Traffic Area
      525 Sawdust Rd, Spring, TX 77380
      View Details
    • Contact for pricing
      46,246 SF

      Picasso Village: Spring, TX Office Space

      Prime Spring, TX Office & Retail
      314 Sawdust Rd, Spring, TX 77380
      View Details
    • Contact for pricing
      2,485 SF

      Retail Space on Sawdust Road

      Retail space available for lease on Sawdust Rd, Spring, TX.
      525 Sawdust Rd, Spring, TX 77380
      View Details
    • Contact for pricing
      3,685 SF

      The Woodlands Retail Space For Lease

      Prime Retail Location, 3,685 SF, Texas
      2100 Buckthorne Pl, The Woodlands, TX 77380
      View Details
    • Contact for pricing
      34,475 SF

      Woodwinds Shopping Center: Spring, TX

      Prime Retail Space: Multiple Suites Available
      125 Sawdust Rd, Spring, TX 77380
      View Details
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    The Woodlands, TX 77380-3226
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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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