Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    11118 Timber Crst Dr Houston, TX 77065-2943
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    11118 Timber Crst Dr Houston, TX 77065-2943

    View on Map
    • Warehouses
    • 1,680 SF
    • 0.17 lot acres
    Off-Market
    Property ID
    US83-3109505
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dnb Home Services / Renovation Specialist / General Contractor

    Property Details for 11118 Timber Crst Dr

    Year built
    2001
    Construction
    METAL FRAME
    Lot size
    0.17 lot acres
    Property size
    1,680 SF
    Property type
    Warehouses
    APN
    861070000035
    APU
    861070000035

    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
    -95.5877
    Latitude
    29.9404
    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
    2023
    $963
    $45,720
    $82,556
    $128,276
    -
    $45,720
    $82,556
    $128,276

    Comparable in this City

    • Value Estimation by Request
      8,400 SF

      13340 Fm 1960th W Rd

      MINI-WAREHOUSE, STORAGE • 8,400 SF
      13340 Fm 1960th W Rd, Houston, TX 77065-4002
      View Details
    • Value Estimation by Request
      273,740 SF

      14311 Fallbrook Dr

      Distribution properties • 273,740 SF
      14311 Fallbrook Dr, Houston, TX 77065
      View Details
    • Value Estimation by Request
      2,000 SF

      11025 Forrest Vly Dr

      WAREHOUSE, STORAGE • 2,000 SF
      11025 Forrest Vly Dr, Houston, TX 77065-2923
      View Details
    • Value Estimation by Request
      7,225 SF

      10682 Jones Rd

      WAREHOUSE, STORAGE • 7,225 SF
      10682 Jones Rd, Houston, TX 77065-5689
      View Details
    • Value Estimation by Request
      10,600 SF

      11222 Jones W Rd

      WAREHOUSE, STORAGE • 10,600 SF
      11222 Jones W Rd, Houston, TX 77065-3617
      View Details
    • Value Estimation by Request
      10,500 SF

      11111 Jones W Rd

      WAREHOUSE, STORAGE • 10,500 SF
      11111 Jones W Rd, Houston, TX 77065-3616
      View Details

    Similar Nearby for Sale

    • $900,000
      3,000 SF

      FM 1960 West Medical Office

      Houston medical office building, 3,000 sq ft.
      11710 Fm 1960 Rd, Houston, TX 77065
      View Details
    • Contact for pricing
      13,200 SF

      Jones Road Retail Pad Site

      13,200 SF Restaurant Pad, High Traffic
      10701 Jones Rd, Houston, TX 77065
      View Details
    • Contact for pricing
      1,166 SF

      Medical Office Space Available

      1,166 SF medical office with separate entrances.
      11734 Fm 1960 Rd, Houston, TX 77065
      View Details
    • $5,400,000

      Prime Land on Highway 290

      Almost 5 acres with frontage on Highway 290.
      17800 Northwest Fwy, Houston, TX 77065
      View Details
    • Contact for pricing

      2.72 Acres of Land

      2.72 acres of land available for sale.
      West Rd & Castlebridge Dr, Houston, TX 77065
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Houston Industrial Spaces Available

      Industrial spaces available for lease in Houston, Texas.
      20220 Hempstead Rd, Houston, TX 77065
      View Details
    • Contact for pricing
      2,880 SF

      Warehouse/Office Space Available

      Warehouse and office spaces available off FM 1960 & Jones Road.
      11126-11130 Neeshaw Dr, Houston, TX 77065
      View Details
    • Contact for pricing
      52,428 SF

      Versatile Flex and Office Spaces

      Variety of spaces available for lease in Houston, TX.
      11210 Steeplecrest Dr, Houston, TX 77065
      View Details
    • Contact for pricing

      Retail Building off Hwy 290

      12,826 SF retail building with great visibility and access.
      20222 Northwest Fwy, Houston, TX 77065
      View Details
    • Contact for pricing

      Retail/Office Space For Lease

      Retail/Office space available for lease in well-established center.
      11780 Fm 1960 Rd, Houston, TX 77065
      View Details
    • Contact for pricing

      West Road Shopping Center Space

      15,000 SF shopping center built in 2001.
      11420-11430 West Rd, Houston, TX 77065
      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.
    11118 Timber Crst Dr
    Houston, TX 77065-2943
    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.
    Sign Up Successful!
    You now have access to more from Realmo!