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    13140 Louetta Rd Cypress, TX 77429-5756
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    Property profile & analytics

    13140 Louetta Rd Cypress, TX 77429-5756

    View on Map
    • Community centers
    • 60,876 SF
    • 5.04 lot acres
    Off-Market
    Property ID
    US82-4654902
    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
    $700,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Resharp / Sharpening Service
    • US Post Office / Courier Service / Postal Service
    • M&D Supply Inc. - Ace Hardware / Building Supply / Hardware & Home Improvement
    • Planet Fitness / Gym & Fitness Center
    • Goodwill Houston Select Stores / Discount Store

    Property Details for 13140 Louetta Rd

    Year built
    2001
    Construction
    STEEL FRAME
    Lot size
    5.04 lot acres
    Property size
    60,876 SF
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    1224490010001
    APU
    1224490010001

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $575,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $827,000
      Market price range: $828k - $2.11M

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

    Location Insight

    • Map
    • Local Demand
    City
    Cypress
    County
    Harris
    State
    Texas
    Longitude
    -95.6236
    Latitude
    29.9962
    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
    $58,214
    $1,756,928
    $5,249,132
    $7,006,060
    -
    $1,756,928
    $5,249,132
    $7,006,060

    Comparable in this City

    • Value Estimation
      $660,000
      55,026 SF

      13611 Skinner Rd

      MINI-MALL • 55,026 SF
      13611 Skinner Rd, Cypress, TX 77429-1018
      View Details
    • Value Estimation by Request
      14,793 SF

      25855 Hwy 290

      MINI-MALL • 14,793 SF
      25855 Hwy 290, Cypress, TX 77429-1049
      View Details
    • Value Estimation by Request
      17,374 SF

      25905 Spg Cypress Rd

      MINI-MALL • 17,374 SF
      25905 Spg Cypress Rd, Cypress, TX 77429
      View Details
    • Value Estimation by Request

      24224 Northwest Fwy

      Lifestyle centers
      24224 Northwest Fwy, Cypress, TX 77429
      View Details
    • Value Estimation
      $740,000
      24,777 SF

      25715 Hwy 290

      MINI-MALL • 24,777 SF
      25715 Hwy 290, Cypress, TX 77429-1047
      View Details
    • Value Estimation
      $830,000
      25,780 SF

      25618 Nwnw Fwy

      MINI-MALL • 25,780 SF
      25618 Nwnw Fwy, Cypress, TX 77429
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,830 SF

      Prime Retail Investment Opportunity

      Retail property with high traffic and strong demographics.
      12910 Malcomson Rd, Cypress, TX 77429
      View Details
    • Contact for pricing

      Retail Investment at Malcomson Center

      Prime retail location with high traffic and strong consumer base.
      12910 Malcomson Rd, Cypress, TX 77429
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    • $4,530,000
      10,200 SF

      Highway 290 Retail Investment Opportunity

      10,200 SF retail center in Cypress, TX. 100% occupied.
      25402 Northwest Fwy, Cypress, TX 77429
      View Details
    • Contact for pricing
      10,200 SF

      Highway 290 Shopping Center

      A 10,200 SF retail center in Cypress, Texas.
      25402 Northwest Fwy, Cypress, TX 77429
      View Details
    • Contact for pricing
      13,500 SF

      Fully Leased Retail Investment Opportunity

      Multi-tenant retail center in Cypress, TX, 100% leased.
      13615 Kluge Rd, Cypress, TX 77429
      View Details
    • $1,450,000
      192,365 SF

      16602 Cypress Rosehill Rd., Cypress, TX 77429

      Commercial land • 192,365 SF
      16602 Cypress Rosehill Rd, Cypress, TX 77429
      View Details

    Similar Nearby for Lease

    • $35 SF/Yr
      2,744 SF

      Retail Space Anchored by HEB

      Retail space with highway visibility and ample parking.
      24324 Northwest Fwy, Cypress, TX 77429
      View Details
    • Contact for pricing
      32,000 SF

      Retail Center in Cypress, Texas

      Retail center serving a large, expanding residential area.
      12700 Grant Rd, Cypress, TX 77429
      View Details
    • $8 SF/Yr
      10,000 SF

      Cypress Retail Center Space Available

      Multi-tenant retail center with suites available for lease.
      12212 Cypress North Houston Rd, Cypress, TX 77429
      View Details
    • Contact for pricing

      HEB Anchored Retail Space

      Retail center anchored by HEB in Cypress Marketplace.
      24224 Northwest Fwy, Houston, TX 77429
      View Details
    • Contact for pricing

      Retail Space in Busy Center

      1200 SF retail space available in a busy shopping center.
      11710 Grant Rd, Cypress, TX 77429
      View Details
    • Contact for pricing

      Retail Space in Growing Cypress

      Located near H-E-B, heart of residential growth.
      14119 Grant Rd, Cypress, TX 77429
      View Details

    Property Visit Statistics

    • Visits by month
      26.5k
    • Visitors by month
      16.3k
    • Avg Time on site
      20 min
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    Cypress, TX 77429-5756
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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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