Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    12468 Bellaire Blvd Houston, TX 77072-2204
    Back to Search
    Property profile & analytics

    12468 Bellaire Blvd, Houston, TX 77072-2204

    View on Map
    • Grocery and convenience stores
    • 2,921 SF
    • 0.55 lot acres
    Off-Market
    Property ID
    US83-3879907
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Chase ATM / Atm
    • Amaya's Restaurant / Restaurant
    • Bellford Crossing / Shopping Center & Mall

    Property Details for 12468 Bellaire Blvd

    Year built
    2003
    Construction
    WOOD FRAME
    Lot size
    0.55 lot acres
    Property type
    Grocery and convenience stores
    APN
    1236030010001
    APU
    1236030010001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 29, 2019 — Lakhany Holdings LLC — Deed · related $4k · Amegy Bk
    Jan 7, 2019 — Lakhany Holdings LLC Continental Superior Management Gro Special Warranty Deed —
    May 12, 2017 — Continental Superior Mgmt Grou — Deed · related $1.5M · Frost Bk
    Jul 5, 2016 — Stripes LLC Continental Superior Mgmt Grou Grant Deed · related —
    Oct 16, 2012 — Continental Superior Mgmt Grou — Deed Of Trust · related $1.2M · Frost Bank
    Oct 11, 2005 — Continental Superior Mgmt Grou Lakhany,hashim & Salma Warranty Deed —
    — — Lakhany Holdings LLC — Deed Of Trust · related $4k · Amegy Bk
    — — Continental Superior Mgmt Grou — Loan Modification · related $718k · American First Nat'l Bk
    — — Continental Superior Mangement — Deed Of Trust · related $1.3M · First Bank
    — — Continental Superior Mgmt Grou — Deed Of Trust · related $1.5M · Frost Bk
    — — Continental Superior Mgmt Grou — Deed Of Trust · related $2.8M · First Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.6041
    Latitude
    29.7039
    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
    $12,325
    $358,320
    $791,470
    $1,149,790
    -
    $358,320
    $791,470
    $1,149,790

    Comparable in this City

    • Value Estimation by Request
      8,100 SF

      10902 Bellaire Blvd

      CONVENIENCE STORE (W/FUEL PUMP)
      10902 Bellaire Blvd, Houston, TX 77072-2604
      View Details
    • Value Estimation by Request
      2,100 SF

      8181 Sam Houston S Pkwy

      CONVENIENCE STORE (W/FUEL PUMP)
      8181 Sam Houston S Pkwy, Houston, TX 77072-5011
      View Details
    • Value Estimation by Request
      13,260 SF

      6445 Wilcrest Dr

      GROCERY, SUPERMARKET
      6445 Wilcrest Dr, Houston, TX 77072-1496
      View Details
    • Value Estimation
      $1,490,000
      45,108 SF

      11755 Beechnut St

      GROCERY, SUPERMARKET
      11755 Beechnut St, Houston, TX 77072-4107
      View Details
    • Value Estimation by Request
      1,661 SF

      12680 Beechnut St

      CONVENIENCE STORE (W/FUEL PUMP)
      12680 Beechnut St, Houston, TX 77072-3951
      View Details
    • Value Estimation by Request
      2,523 SF

      7501 Kirkwood Rd

      CONVENIENCE STORE
      7501 Kirkwood Rd, Houston, TX 77072
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Established Auto Shop Business Opportunity

      Profitable auto shop for sale with established clientele and equipment.
      6116 S Dairy Ashford Rd, Houston, TX 77072
      View Details
    • Contact for pricing
      3,600 SF

      Parking Lot on Wilcrest Drive

      3,600 SF parking lot with utilities on Wilcrest Drive.
      8200 Wilcrest Dr, Houston, TX 77072
      View Details
    • Contact for pricing
      16,217 SF

      Horizon Plaza Retail Investment Opportunity

      90% leased strip center in Houston's Alief district.
      12320 Beechnut St, Houston, TX 77072
      View Details
    • Contact for pricing

      Commercial Land on Wilcrest Drive

      Commercial land with existing utilities and frontage on Wilcrest.
      8200 Wilcrest Dr, Houston, TX 77072
      View Details
    • Contact for pricing
      5,127 SF

      Jack in the Box For Sale

      Corporate-guaranteed Jack in the Box with Chevron sublease.
      12680 Beechnut St, Houston, TX 77072
      View Details
    • Contact for pricing
      5,000 SF

      Houston Chinatown Retail & Office

      Three-story, fully leased retail and office condominium in Houston's Chinatown.
      12989 Bellaire Blvd, Houston, TX 77072
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,300 SF

      Retail/Office Space Available

      1,300 sq ft second-generation retail/office space for rent.
      10925 Beechnut St, Houston, TX 77072
      View Details
    • Contact for pricing
      1,100 SF

      Retail Space in International District

      Retail space for lease in Houston's International District.
      13194 Bellaire Blvd, Houston, TX 77072
      View Details
    • Contact for pricing
      2,266 SF

      Retail Space in International District

      Retail space suitable for learning, medical, or wellness center.
      12315 Bellaire Blvd, Houston, TX 77072
      View Details
    • Contact for pricing
      1,600 SF

      Retail Space on Hard Corner

      Retail space with frontage on High Star Dr and Cook Rd.
      4231 Cook Rd, Houston, TX 77072
      View Details
    • Contact for pricing
      5,900 SF

      Retail Space on Bellaire Boulevard

      Retail space available for lease on Bellaire Boulevard.
      11900 Bellaire Blvd, Houston, TX 77072
      View Details
    • Contact for pricing
      1,260 SF

      Retail Space Near HEB Center

      Retail space with high visibility near a busy HEB.
      10200-10210 Beechnut St, Houston, TX 77072
      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.
    12468 Bellaire Blvd
    Houston, TX 77072-2204
    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

    Thank You for Inquiry
    12468 Bellaire Blvd, Houston, TX, 77072
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!