Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    115 Murray St Angleton, TX 77515-6041
    Back to Search
    Property profile & analytics

    115 Murray St, Angleton, TX 77515-6041

    View on Map
    • Warehouses
    • 3,000 SF
    • 0.10 lot acres
    Off-Market
    Last Sale Sep 12, 2023
    Property ID
    US82-3935520
    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

    • Warehouses

    Property Details for 115 Murray St

    Year built
    1975
    Lot size
    0.10 lot acres
    Property type
    Warehouses
    APN
    2290-0010-110
    APU
    22900010110

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 12, 2023 — Texas Property Solutions LLC Zayda R Walsh Trust Venders Lien —
    May 14, 2010 — Walsh Zayda R Trust Walsh,d K JR & Zayda R Quit Claim Deed · related —

    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
    Angleton
    County
    Brazoria
    State
    Texas
    Longitude
    -95.4304
    Latitude
    29.1606
    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
    $1,625
    $25,490
    $220,410
    $245,900
    -
    $25,490
    $220,410
    $245,900

    Comparable in this City

    • Value Estimation
      $2,135,000
      31,150 SF

      10310 Fm 523

      WAREHOUSE, STORAGE
      10310 Fm 523, Angleton, TX 77515
      View Details
    • Value Estimation by Request
      3,000 SF

      2600 Velasco St, Unit 288B

      MINI-WAREHOUSE, STORAGE
      2600 Velasco St, Angleton, TX 77515-9670
      View Details
    • Value Estimation by Request
      3,000 SF

      28024 Hwy 288b

      WAREHOUSE, STORAGE
      28024 Hwy 288b, Angleton, TX 77515-2530
      View Details
    • Value Estimation by Request
      5,280 SF

      125 Myrtle St

      WAREHOUSE, STORAGE
      125 Myrtle St, Angleton, TX 77515
      View Details
    • Value Estimation by Request
      7,560 SF

      1012 Velasco St, Unit 288B

      MINI-WAREHOUSE, STORAGE
      1012 Velasco St, Angleton, TX 77515-5250
      View Details
    • Value Estimation by Request
      3,600 SF

      1404 Cedar St

      WAREHOUSE, STORAGE
      1404 Cedar St, Angleton, TX 77515-4122
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,800 SF

      Angleton Commercial Flex Space Available

      Commercial flex space featuring office, bathroom, and roll-up doors.
      129 N Front St, Angleton, TX 77515
      View Details
    • $999,000
      13,968 SF

      Angleton Warehouse on Velasco Highway

      Commercial warehouse property available for sale in Angleton, Texas.
      310 N Velasco Hwy 288B, Angleton, TX 77515
      View Details
    • $222,400
      Pending

      Angleton, TX Land For Sale

      11.12 acre lot with 48,438 square foot warehouse.
      County Road 32, Angleton, TX 77515
      View Details
    • Contact for pricing
      9,820 SF

      Angleton Land with Building

      15 acres in booming area with 9820 SF building.
      855 County Road 340, Angleton, TX 77515
      View Details
    • $499,000
      Pending

      Angleton Commercial Land For Sale

      4.74 acres of prime commercial real estate in Angleton, TX.
      1 N Valderas St, Angleton, TX 77515
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      19,737 SF

      Angleton Office/Warehouse Space Available

      19,737 SF available in Brazoria County Business Park.
      4001 Technology Rd, Angleton, TX 77515
      View Details
    • Contact for pricing
      5,514 SF

      Angleton Industrial Space For Rent

      5,514 SF industrial space available in Angleton, Texas.
      4015 Technology Dr, Angleton, TX 77515
      View Details
    • Contact for pricing

      Commercial Building with Fenced Yard

      Spacious metal building with high-clearance doors and secure yard.
      1417 S Velasco St, Angleton, TX 77515
      View Details
    • Contact for pricing
      150,000 SF

      Angleton Office Space For Lease

      Office space available for lease in Angleton, Texas.
      4005 Technology Dr, Angleton, TX 77515
      View Details
    • Contact for pricing
      3,049 SF

      Angleton Retail Space Available

      Retail space available for lease in Angleton, Texas.
      1800-1814 North Velasco St, Angleton, TX 77515
      View Details
    • Contact for pricing
      29,953 SF

      Angleton Commercial Land For Lease

      Prime 29,953 SF Commercial Lot
      1038 Velasco St, Angleton, TX 77515
      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.
    115 Murray St
    Angleton, TX 77515-6041
    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
    115 Murray St, Angleton, TX, 77515
    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!