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

    11515 Sam Houston Pkwy Humble, TX 77396

    • Commercial real estate
    • 1.00 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3612113
    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

    • Heritage Baptist Church / Baptist Church

    Property Details for 11515 Sam Houston Pkwy

    Lot size
    1.00 lot acres
    Property type
    Commercial real estate
    APN
    124-857-003-0152

    Description

    This exceptional 1.5-acre commercial land parcel, located at 11515 N Sam Houston Pkwy E in Humble, Texas (77396), presents a unique investment opportunity. Boasting approximately 299 feet of frontage on the heavily trafficked N Sam Houston Parkway E, between Woodlands Hill Drive and Sunset Park Drive, this property offers unparalleled visibility. The site is a clear, level pad, ideal for immediate development. Situated in a rapidly expanding area experiencing over 55% annual population growth within a 3-mile radius, this location is perfectly suited for retail or quick-service restaurant development to capitalize on the surging demand. The property benefits from its location outside the floodplain and requires no on-site detention, streamlining the development process. This prime location is surrounded by significant developments including the 4,000-acre Generation Park master-planned community (featuring San Jacinto and Lone Star Colleges), the 70-acre Woodland Hills Shopping Center, and the Groves and Balmoral residential communities. The property is offered for sale at $1,829,520, with a land value of $28 per square foot. Buyers have the flexibility to purchase either the full 1.5 acres or a 1-acre portion. The Harris County APN is 124-857-003-0152. Please note: Do not disturb the existing church, its employees, or visitors.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Humble
    County
    Harris
    State
    Texas
    Longitude
    -95.214258883315
    Latitude
    29.934783812641

    Comparable in this City

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      0.75 Acres

      Prime Humble Land - Beltway 8 Access

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      Humble TX Commercial Land

      Prime Retail Pad Site, High-Traffic Location
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      Unrestricted Land on Beltway 8

      Unrestricted land with frontage on Beltway 8 available for sale.
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      8.02 Acres Commercial Land Available

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      Cleared Land on Atascocita Road

      22 acres of cleared land with frontage on Atascocita Road.
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    Similar Nearby for Sale

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      1.97 Acres

      Humble Commercial Land - 1.97 Acres

      Prime 1.97-acre commercial lot in Humble, TX.
      0 Nwq Us-59 & Rankin Rd, Humble, TX 77396
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      0.75 Acres

      Prime Humble Land - Beltway 8 Access

      0.75-acre commercial lot, high-traffic location.
      5828 Sam Houston Pkwy, Humble, TX 77396
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    • $435,000
      0.72 Acres

      Humble TX Commercial Land

      Prime Retail Pad Site, High-Traffic Location
      11527 Sam Houston Pkwy, Humble, TX 77396
      View Details
    • $54,500
      4,792 SF

      Unrestricted Land on Beltway 8

      Unrestricted land with frontage on Beltway 8 available for sale.
      N Sam Houston Pkwy E, Humble, TX 77396
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      8.02 Acres Commercial Land Available

      8.02 acres of commercial land in high-traffic area.
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      Cleared Land on Atascocita Road

      22 acres of cleared land with frontage on Atascocita Road.
      Atascocita Rd, Humble, TX 77396
      View Details

    Similar Nearby for Lease

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      The Bend: 60-Acre Mixed-Use

      Prime Northeast Houston development opportunity.
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      153,554 SF

      Humble Warehouse Space Available

      Modern warehouse space for lease in Humble, TX.
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      Retail Space in Humble, Texas

      Retail space available for lease in Humble, Texas.
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      5 SF

      Humble Industrial Space For Lease

      Industrial space totaling approximately 23,000 SF available for lease.
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      75 SF

      Humble Business Park Opportunity

      Business park with industrial buildings for sale or lease.
      2323 South Houston Ave, Humble, TX 77396
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      9,800 SF

      New Construction Warehouse in Humble

      9,000 SF warehouse with offices to suit for rent.
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    Humble, TX 77396
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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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