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    1530 Sam Houston Pkwy Houston, TX 77043
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    1530 Sam Houston Pkwy Houston, TX 77043

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    • Flex space
    • 84,626 SF
    • 10.82 lot acres
    For Lease
    $3,620,000
    View Listing →
    TX, Houston - Sam Houston Pkwy For Lease
    $3,620,000

    TX, Houston - Sam Houston Pkwy

    Flexible workspace in PA, Greensburg - Main St

    1530 Sam Houston Pkwy, Houston, TX 77043
    View Listing
    Property ID
    US82-4561337
    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

    • Iglesia Kingdom Family Church / Church
    • West African Produce / (Bike/Boat/Book/etc) Store / Grocery & Convenience Store
    • ASATT CHURCH / Church
    • Megacenter Self-Storage & Office Suites / Storage Facility
    • Sam Sann Warriors-All Star Ninjas / Training Center

    Property Details for 1530 Sam Houston Pkwy

    Year built
    1968
    Construction
    STEEL FRAME
    Lot size
    10.82 lot acres
    Property size
    84,626 SF
    Property type
    Flex space
    APN
    401590000029
    APU
    401590000029

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,988,000
      Market price range: $1.42M - $2.99M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $5,400,000
      APARTMENT HOUSE (5+ UNITS)
      $5,290,000
      NEIGHBORHOOD: SHOPPING CENTER
      $2,335,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.5622
    Latitude
    29.8016
    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
    $158,524
    $5,655,828
    $9,386,654
    $15,042,482
    -
    $5,655,828
    $9,386,654
    $15,042,482

    Comparable in this City

    • Value Estimation
      $820,000
      26,717 SF

      1717 Brittmoore Rd

      LIGHT INDUSTRIAL • 26,717 SF
      1717 Brittmoore Rd, Houston, TX 77043-2710
      View Details
    • Value Estimation by Request
      14,400 SF

      1138 Sam Houston N Pkwy

      LIGHT INDUSTRIAL • 14,400 SF
      1138 Sam Houston N Pkwy, Houston, TX 77043-5010
      View Details
    • Value Estimation
      $1,000,000
      30,176 SF

      1314 Sam Houston N Pkwy

      LIGHT INDUSTRIAL • 30,176 SF
      1314 Sam Houston N Pkwy, Houston, TX 77043-4011
      View Details
    • Value Estimation
      $545,000
      24,516 SF

      1175 Brittmoore Rd

      LIGHT INDUSTRIAL • 24,516 SF
      1175 Brittmoore Rd, Houston, TX 77043-5003
      View Details
    • Value Estimation
      $670,000
      30,825 SF

      11750 Clay Rd

      LIGHT INDUSTRIAL • 30,825 SF
      11750 Clay Rd, Houston, TX 77043-1179
      View Details
    • Value Estimation
      $555,000
      10,671 SF

      10870 Alcott Dr

      LIGHT INDUSTRIAL • 10,671 SF
      10870 Alcott Dr, Houston, TX 77043-2040
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      36,833 SF

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      36,833 SF warehouse with office and multiple doors.
      10910 Katy Fwy, Houston, TX 77043
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      7,200 SF

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      7,200 SF building with office, warehouse, and outside storage.
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      17,958 SF

      Land For Sale

      Land available for sale in Houston, TX.
      1175 Brittmoore Park Dr, Houston, TX 77043
      View Details

    Similar Nearby for Lease

    • $11 SF/Yr
      9,552 SF

      Office Space with Flex Potential

      9,552 SF office space adaptable to flex or subdivision.
      1702 Townhurst Dr, Houston, TX 77043
      View Details
    • Contact for pricing
      11,969 SF

      Office/Lab & Warehouse Space Available

      Office, lab, and warehouse space for lease near I-10.
      1187 Brittmoore Rd, Houston, TX 77043
      View Details
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      Northwest Outerloop Flex/Industrial Suites

      Flex and industrial suites available in Northwest Outerloop submarket.
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      Houston Flex Space For Lease

      Renovated flex space in Houston's Northwest Corridor with easy access.
      4041 Hollister Rd, Houston, TX 77043
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      5,000 SF

      Class A Office/Flex Space

      5,000 SF of furnished office/flex space with above-standard finishes.
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    • Contact for pricing

      TX, Houston - Sam Houston Pkwy

      Flexible workspace in PA, Greensburg - Main St
      1530 Sam Houston Pkwy, Houston, TX 77043
      View Details
    View Listing
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    Houston, TX 77043
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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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