Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    11811 Ee Fwy Houston, TX 77029-1974

    • Office buildings
    • 84,912 SF
    • 2.39 lot acres
    OFF-MARKET
    Value Estimations
    $5,905,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3263584
    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

    • Powell & Associates / Building Supply / General Contractor
    • Farmers Insurance - Adrian Cardenas / Insurance Agency
    • A Ford Insurance / Insurance Agency
    • PESINA AND ASSOCIATES - Primerica Financial Services / Bank / Credit Union
    • Presidential Group LLC / Employment Agency / Business Service Center

    Property Details for 11811 Ee Fwy

    Year built
    1980
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.39 lot acres
    Property size
    84,912 SF
    Property type
    Office buildings
    APN
    432110000519
    APU
    432110000519

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $5,906,000
      Market price range: $1.23M - $11.6M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $5,905,000
      Current use
      RETAIL STORES
      $8,495,000
      Change: +44% Conversion: Moderate
      APARTMENT HOUSE (5+ UNITS)
      $8,190,000
      Change: +39% Conversion: Easy
      AUTO REPAIR, GARAGE
      $7,495,000
      Change: +27% Conversion: Difficult
      RESTAURANT
      $6,875,000
      Change: +16% Conversion: Moderate
      MEDICAL BUILDING
      $5,420,000
      Change: -8% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.23
    Latitude
    29.7735
    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
    $85,139
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3,000 SF

      7901 Wallisville Rd

      OFFICE BUILDING • 3,000 SF
      7901 Wallisville Rd, Houston, TX 77029-1101
      View Details
    • Value Estimation
      $510,000
      7,308 SF

      10301 Market St

      OFFICE BUILDING • 7,308 SF
      10301 Market St, Houston, TX 77029-2343
      View Details
    • Value Estimation
      $635,000
      29,340 SF

      10202 Ee Fwy

      OFFICE BUILDING • 29,340 SF
      10202 Ee Fwy, Houston, TX 77029-1906
      View Details
    • Value Estimation by Request
      3,030 SF

      2407 Mccarty St

      OFFICE BUILDING • 3,030 SF
      2407 Mccarty St, Houston, TX 77029-3845
      View Details
    • Value Estimation
      $975,000
      54,875 SF

      8799 Nn E Loop

      OFFICE BUILDING • 54,875 SF
      8799 Nn E Loop, Houston, TX 77029-1213
      View Details
    • Value Estimation
      $645,000
      30,761 SF

      10200 Ee Fwy

      OFFICE BUILDING • 30,761 SF
      10200 Ee Fwy, Houston, TX 77029-1920
      View Details

    Similar Nearby for Sale

    • $899,000

      Versatile Property in Growing Area

      Office, restroom, dining area, and adjacent lot included.
      330 Connecticut St, Houston, TX 77029
      View Details
    • $1,500,000
      2.59 Acres

      Prime Houston Commercial Land

      2.59 Acres, $1.5M, Freeway Access
      00 Turning Basin Dr, Houston, TX 77029
      View Details
    • $80,000

      Residential Lot in Developing Area

      Residential lot available for new construction in Houston, TX.
      10410 Munn St, Houston, TX 77029
      View Details
    • $220,000

      Houston Duplex: Investment Opportunity

      Multi-family duplex in Houston, close to amenities and transportation.
      301 Connecticut St, Houston, TX 77029
      View Details
    • $369,900

      New Construction Duplex Investment Opportunity

      New duplex for sale, completion October 10, 2025.
      9703 Garcroft Ab St, Houston, TX 77029
      View Details
    • $349,990

      Income-Generating Duplex in Houston

      Duplex with modern comfort and excellent security in high-demand area.
      336 De Haven St, Houston, TX 77029
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      40,299 SF

      Houston Coworking Space Available

      Large Houston warehouse/office space for lease.
      9133- Wallisville Rd, Houston, TX 77029
      View Details
    • $21 SF/Yr
      16,000 SF

      East Houston Medical Office Space

      Prime I-10 Corridor Medical Office Suite
      11110 East Fwy, Houston, TX 77029
      View Details
    • $7 SF/Yr
      80,792 SF

      Houston Warehouse: 80,792 SF

      Large industrial warehouse for lease in Houston.
      635 Gellhorn Dr, Houston, TX 77029
      View Details
    • $1,275 /Mo

      Cozy Home with Yard

      Well-maintained 2-bedroom, 1-bath home for rent near amenities.
      233 N Carolina St, Houston, TX 77029
      View Details
    • Contact for pricing
      5,000 SF

      Industrial Warehouse Space Available

      5,000 SF warehouse space near I-10 and Port.
      7875 Market Street Rd, Houston, TX 77029
      View Details
    • $2,500 /Mo
      10,000 SF

      Industrial Yard Near Ship Channel

      10,000 SF yard with offices near Ship Channel.
      2417 Mccarty St, Houston, TX 77029
      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.
    11811 Ee Fwy
    Houston, TX 77029-1974
    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.