Entity Owned 
For Lease
1 / 12
$234 SF/Yr
11709 Boudreaux Rd, Tomball, TX 77375
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Property summary
AI-generated overview
This exceptional 12,000 square foot retail and office building, constructed in 2021, presents a fantastic opportunity in Tomball, Texas. Located in the Northwest submarket, specifically the Tomball cluster of Harris County, this property boasts excellent visibility on Boudreaux Road. The building comprises six individual suites, each offering 2,000 square feet of space, with dimensions of 25 feet by 80 feet. Flexible configurations allow for the combination of multiple units, potentially creating larger spaces up to a maximum contiguous area of 8,000 square feet. Currently, four suites are available. End-cap units offer the optional addition of a patio. The building features ample parking. Tenants are responsible for electricity, internet, and phone services. A standard build-out includes HVAC, demising walls, restrooms, drop ceilings, and drop lighting. Excellent signage opportunities are available. The property's convenient location near the Grand Parkway and SH 249 provides easy access and high traffic visibility. This is an ideal location for businesses seeking immediate occupancy and build-out. The zip code is 77375.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2020
Construction
STEEL FRAME
Total area
14,040 SF
Lot
9.36 ac (407,591 SF)
APN
1416510010001
UPID
US82-3490977
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Moving Company Storage Facility
-
Electrical Service General Contractor
-
Specialty Food Shop (Bike/Boat/Book/etc) Store
-
Real Estate Agency
-
Interior Design Home Decor Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$505k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.00M
Blend (final)
Blend
$750k
Owner & transaction history
since 2016
3 recorded transactions
Zoning & alternative use
Top alternative use upside
Retail stores
$1.0M
+38.2%
Medical building
$980,000
+34.7%
Auto repair, garage
$900,000
+23.7%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$750k
Value range
$675k – $825k
±10% around blend
Estimated value / SF
$53 / SF
Confidence
Property data
75
Comparable evidence
60
Income certainty
100
$675k
blend $750k
$825k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
14,040 SF
Lot area
9.36 ac
Year built
2020
APN
1416510010001
Assessed value
$10,894,637
Annual tax
$184,591
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$184,591
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$1.00M
Range $496k – $1.00M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$750k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Retail Stores
Gross theoretical uplift
+38%
vs current-use indication
Medical Building
Auto Repair, Garage
Apartment House (5+ Units)
Warehouse, Storage · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.02M
Move the market yield to see immediate price impact.
Value / SF
$73
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$64k
$1.28M
$917k
$713k
$71k
$1.43M
$1.02M
$792k
$78k
$1.57M
$1.12M
$871k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$184,591
Tax year 2023
Assessed value
$10,894,637
Assessed 2024
Previous assessed
$10,894,637
+0.0% YoY
Effective rate
1.69%
On assessed value
Assessed land
$1,047,273
Assessed improvement
$9,847,364
Land market value
$1,047,273
Improvement market value
$9,847,364
Total market value
$10,894,637
Applied tax rate
17.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
2020
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Buildings
11
Total area
14,040 SF
Lot
9.36 ac (407,591 SF)
APN
1416510010001
UPID
US82-3490977
Jurisdiction
HARRIS
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2020
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Buildings
11
Lot
9.36 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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