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

    11638 Telge Rd Cypress, TX 77429-3227

    • Auto shops
    • 17,240 SF
    • 5.02 lot acres
    OFF-MARKET
    Value Estimations
    $790,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4321782
    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

    • First Choice Collision – Cypress / Auto Repair Shop

    Property Details for 11638 Telge Rd

    Year built
    2015
    Construction
    METAL FRAME
    Lot size
    5.02 lot acres
    Property size
    17,240 SF
    Property type
    Auto shops
    APN
    1374640010001
    APU
    1374640010001

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $735,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $842,000
      Market price range: $624k - $1.27M

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $885,000
      Current use
      RESTAURANT
      $1,250,000
      Change: +41% Conversion: Difficult
      WAREHOUSE, STORAGE
      $985,000
      Change: +11% Conversion: Easy
      MEDICAL BUILDING
      $870,000
      Change: -2% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $810,000
      Change: -9% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Cypress
    County
    Harris
    State
    Texas
    Longitude
    -95.6475
    Latitude
    29.9464
    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
    $18,014
    $828,576
    $1,841,596
    $2,670,172
    -
    $828,576
    $1,841,596
    $2,670,172

    Comparable in this City

    • Value Estimation by Request
      5,504 SF

      12380 Barker Cypress Rd, Unit 4

      AUTO REPAIR, GARAGE • 5,504 SF
      12380 Barker Cypress Rd, Cypress, TX 77429-8323
      View Details
    • Value Estimation by Request
      4,964 SF

      13333 Grant Rd

      AUTO REPAIR, GARAGE • 4,964 SF
      13333 Grant Rd, Cypress, TX 77429-3560
      View Details
    • Value Estimation by Request
      8,990 SF

      25951 Hwy 290

      AUTO REPAIR, GARAGE • 8,990 SF
      25951 Hwy 290, Cypress, TX 77429-1099
      View Details
    • Value Estimation
      $600,000
      16,500 SF

      13800 Huffmeister Rd

      AUTO REPAIR, GARAGE • 16,500 SF
      13800 Huffmeister Rd, Cypress, TX 77429
      View Details
    • Value Estimation by Request
      3,652 SF

      14008 Huffmeister Rd

      AUTO REPAIR, GARAGE • 3,652 SF
      14008 Huffmeister Rd, Cypress, TX 77429-1800
      View Details
    • Value Estimation by Request
      1,200 SF

      18908 Shaw Rd

      AUTO REPAIR, GARAGE • 1,200 SF
      18908 Shaw Rd, Cypress, TX 77429-7869
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      117,725 SF

      Highway Frontage Auto Property

      Auto dealership, mechanic, and body shop on Highway 290.
      22226 Northwest Fwy, Cypress, TX 77429
      View Details
    • Contact for pricing
      7,000 SF

      Freestanding Building in Cypress, Texas

      Freestanding 7,000 SF building on 45,738 SF land.
      13808 Cypress North Houston Rd, Houston, TX 77429
      View Details
    • $5,200,000
      1.23 Acres

      Space City Car Wash Express

      Car wash business with express tunnel and detailing services.
      17955 Huffmeister Rd, Cypress, TX 77429
      View Details
    • $1,450,000
      192,365 SF

      16602 Cypress Rosehill Rd., Cypress, TX 77429

      Commercial land • 192,365 SF
      16602 Cypress Rosehill Rd, Cypress, TX 77429
      View Details
    • $1,450,000

      Cypress Commercial Development Opportunity

      4.40 acre commercial land for retail or ground lease.
      16602 Cypress Rosehill Rd, Cypress, TX 77429
      View Details
    • Contact for pricing
      9,830 SF

      Prime Retail Investment Opportunity

      Retail property with high traffic and strong demographics.
      12910 Malcomson Rd, Cypress, TX 77429
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,839 SF

      Restaurant/Retail Space on Huffmeister Road

      Restaurant or retail space with high visibility and ample parking.
      11265 Huffmeister Rd, Cypress, TX 77429
      View Details
    • Contact for pricing
      1,201 SF

      Restaurant Space Available For Rent

      Second generation restaurant space available for rent.
      14502 Spring Cypress Rd, Cypress, TX 77429
      View Details
    • Contact for pricing
      1,365 SF

      Retail Space in Cypress, Texas

      Retail space available in transit-oriented, mixed-use development.
      25222 Northwest Fwy, Cypress, TX 77429
      View Details
    • Contact for pricing

      Retail Space in Growing Cypress

      Located near H-E-B, heart of residential growth.
      14119 Grant Rd, Cypress, TX 77429
      View Details
    • Contact for pricing

      Retail Space on Telge Road

      Retail spaces and pad site available near major traffic intersection.
      11637 Telge Rd, Cypress, TX 77429
      View Details
    • Contact for pricing
      4,017 SF

      Retail Space Available For Lease

      23,000 square foot retail property in Cypress, TX.
      25414 Northwest Fwy, Cypress, TX 77429
      View Details
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    11638 Telge Rd
    Cypress, TX 77429-3227
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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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