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

    130 Mitchell Rd Houston, TX 77037-3216

    • Warehouses
    • 27,640 SF
    • 4.61 lot acres
    OFF-MARKET
    Value Estimations
    $2,980,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-7117664
    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

    • Bardy Trophy Company / (Bike/Boat/Book/etc) Store
    • Guevara Auto Body Shop / Auto Repair Shop / Vehicle Inspection Center
    • Erik’s Transmissions / Auto Repair Shop
    • Roadstar Rentals / Car Rental Facility
    • DT Hydraulics / General Contractor

    Property Details for 130 Mitchell Rd

    Year built
    1976
    Construction
    METAL FRAME
    Lot size
    4.61 lot acres
    Property size
    27,640 SF
    Property type
    Warehouses
    APN
    450510000305
    APU
    450510000305

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,390,000
      6.5%
      $3,130,000
      7%
      $2,905,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,825,000
      Market price range: $1.00M - $2.83M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,930,000
      Current use
      AUTO REPAIR, GARAGE
      $2,725,000
      Change: +41% Conversion: Easy
      RESTAURANT
      $2,490,000
      Change: +29% Conversion: Difficult
      OFFICE BUILDING
      $1,925,000
      Change: -0% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.3889
    Latitude
    29.8826
    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
    2023
    $76,102
    $803,072
    $3,822,228
    $4,625,300
    -
    $803,072
    $3,822,228
    $4,625,300

    Comparable in this City

    • Value Estimation
      $1,080,000
      10,000 SF

      8404 Nn Fwy

      WAREHOUSE, STORAGE • 10,000 SF
      8404 Nn Fwy, Houston, TX 77037-2808
      View Details
    • Value Estimation
      $1,145,000
      11,400 SF

      9030 Nn Fwy

      MINI-WAREHOUSE, STORAGE • 11,400 SF
      9030 Nn Fwy, Houston, TX 77037-2106
      View Details
    • Value Estimation by Request
      1,416 SF

      629 Aldine Mail Rte Rd

      WAREHOUSE, STORAGE • 1,416 SF
      629 Aldine Mail Rte Rd, Houston, TX 77037-1730
      View Details
    • Value Estimation by Request
      1,260 SF

      578 Aldine Mail Rte Rd, Unit 3415

      WAREHOUSE, STORAGE • 1,260 SF
      578 Aldine Mail Rte Rd, Houston, TX 77037-1618
      View Details
    • Value Estimation
      $565,000
      7,800 SF

      406 Northville St

      WAREHOUSE, STORAGE • 7,800 SF
      406 Northville St, Houston, TX 77037
      View Details
    • Value Estimation by Request
      14,690 SF

      7530 Nn Fwy

      WAREHOUSE, STORAGE • 14,690 SF
      7530 Nn Fwy, Houston, TX 77037-4202
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,500 SF

      Versatile Industrial Property with I-45 Frontage

      3,500 SF building on 1.32 acres with I-45 frontage.
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      25,864 SF

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      25,294 SF industrial building with short-term leaseback opportunity.
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      21,456 SF

      Houston Warehouse Space For Sale

      21,456 SF warehouse available in Houston, Texas.
      609 Carby Rd, Houston, TX 77037
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      1.36 Acres

      North Freeway Commercial Land

      1.36 Acres, High-Visibility Location
      9418 North Fwy, Houston, TX 77037
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    • $1,600,000

      Houston Agricultural Property for Sale

      Agricultural property available in Houston, Texas.
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    Similar Nearby for Lease

    • $10 SF/Yr
      25,864 SF

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      Houston Warehouse: 5 Suites Available
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    • $11 SF/Yr
      42,825 SF

      Former Conns Warehouse - Houston

      Spacious warehouse, freeway access, renovated.
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      3,800 SF

      Retail Space with Excellent Visibility

      Retail space with high visibility and direct highway access.
      11006-11106 Airline Dr, Houston, TX 77037
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space Available For Lease

      2,400 SF retail space for lease in Houston, TX.
      461 W Gulf Bank Rd, Houston, TX 77037
      View Details
    • Contact for pricing
      71,906 SF

      Retail Space in North Houston

      Fiesta Mart anchored shopping center with excellent visibility and access.
      11006-11106 Airline Dr, Houston, TX 77037
      View Details
    • Contact for pricing
      136,000 SF

      West Road Plaza Retail Center

      Houston Shopping Center - High Visibility
      45 West Rd, Houston, TX 77037
      View Details
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    130 Mitchell Rd
    Houston, TX 77037-3216
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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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