Add Listing
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

    12339 Cutten Rd Houston, TX 77066-1807

    • Office buildings
    • 32,000 SF
    • 3.65 lot acres
    OFF-MARKET
    Value Estimations
    $6,945,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-5335485
    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

    • FMA Alliance, Ltd. / Business Management Consultant

    Property Details for 12339 Cutten Rd

    Year built
    2010
    Construction
    STEEL FRAME
    Lot size
    3.65 lot acres
    Property size
    32,000 SF
    Property type
    Office buildings
    APN
    1322370010005
    APU
    1322370010005

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $6,635,000
      6.5%
      $6,125,000
      7%
      $5,690,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $7,764,000
      Market price range: $6.97M - $13.6M

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.5273
    Latitude
    29.9586
    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
    $34,299
    $954,720
    $3,363,762
    $4,318,482
    -
    $954,720
    $3,363,762
    $4,318,482

    Comparable in this City

    • Value Estimation
      $1,620,000
      7,320 SF

      6955 High Life Dr

      OFFICE BUILDING • 7,320 SF
      6955 High Life Dr, Houston, TX 77066-3715
      View Details
    • Value Estimation by Request
      1,944 SF

      12807 Haynes Rd Bldg B

      OFFICE BUILDING • 1,944 SF
      12807 Haynes Rd Bldg B, Houston, TX 77066-1123
      View Details
    • Value Estimation by Request
      1,700 SF

      12807 Haynes Rd Bldg F

      OFFICE BUILDING • 1,700 SF
      12807 Haynes Rd Bldg F, Houston, TX 77066-1123
      View Details
    • Value Estimation
      $3,605,000
      15,600 SF

      12332 Cutten Rd

      OFFICE BUILDING • 15,600 SF
      12332 Cutten Rd, Houston, TX 77066-1808
      View Details
    • Value Estimation
      $715,000
      3,755 SF

      12715 Cutten Rd

      OFFICE BUILDING • 3,755 SF
      12715 Cutten Rd, Houston, TX 77066-1015
      View Details
    • Value Estimation by Request
      2,450 SF

      12807 Haynes Rd Bldg C

      OFFICE BUILDING • 2,450 SF
      12807 Haynes Rd Bldg C, Houston, TX 77066-1123
      View Details

    Similar Nearby for Sale

    • $3,148,889
      43,691 SF

      Grant Road Office Complex, Houston

      Houston Office Complex: High Visibility, Value-Add
      10601 Grant Rd, Houston, TX 77066
      View Details
    • $128,500

      Houston Office Space For Sale

      675 SF office space in Willowbrook area, minutes from thoroughfares.
      12812 Willow Centre Dr, Houston, TX 77066
      View Details
    • Contact for pricing
      2,163 SF

      Executive Office Condominiums Near WillowBrook

      Executive office condominiums for sale near WillowBrook.
      12828 Willow Centre Dr, Houston, TX 77066
      View Details
    • Contact for pricing
      1,350 SF

      Updated Willow Park Condo Units

      Two updated condo units ideal for owner occupant or investment.
      12832 Willow Centre Dr, Houston, TX 77066
      View Details
    • Contact for pricing
      11,150 SF

      Cutten Road Shopping Plaza Investment

      Newly constructed retail and office plaza with high traffic visibility.
      12723 Cutten Rd, Houston, TX 77066
      View Details
    • Contact for pricing
      675 SF

      Office Condo with Recent Updates

      Updated office condo with reception, offices, and kitchen/coffee bar.
      12830 Willow Centre Dr, Houston, TX 77066
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail/Office Space Near FM 1960

      Recently constructed retail/office spaces available for lease near FM 1960.
      12723 Cutten Rd, Houston, TX 77066
      View Details
    • Contact for pricing

      Luxury Office Condo in Willowbrook

      Luxury office condo with Class A finishes in Willowbrook area.
      12516 Cutten Rd, Houston, TX 77066
      View Details
    • Contact for pricing

      Versatile Industrial Units Available

      Shop and storage units near Highway 249.
      6510 Bourgeois Rd, Houston, TX 77066
      View Details
    • Contact for pricing

      Remodeled Office Space in Houston

      Remodeled office space with flexible options and great location.
      6140 North Sam Houston Pkwy W, Houston, TX 77066
      View Details
    • Contact for pricing
      4,725 SF

      Flex Space with Fenced Yard

      Flex space with office and warehouse, convenient location, fenced yard.
      10963 Cutten Rd, Houston, TX 77066
      View Details
    • Contact for pricing

      Modern Flex Space For Lease

      Multi-tenant flex space built in 2020 near major highways.
      12155 Cutten Rd, Houston, TX 77066
      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.
    12339 Cutten Rd
    Houston, TX 77066-1807
    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.
    Sign Up Successful!
    You now have access to more from Realmo!