Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    15707 Hwy 59th N, Unit 34 Humble, TX 77396-2142
    Back to Search
    Property profile & analytics

    15707 Hwy 59th N, Unit 34, Humble, TX 77396-2142

    View on Map
    • Hotels
    • 20,762 SF
    • 2.02 lot acres
    Off-Market
    Property ID
    US82-3422584
    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
    $560,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hotels

    Property Details for 15707 Hwy 59th N

    Year built
    2004
    Construction
    BRICK
    Lot size
    2.02 lot acres
    Property type
    Hotels
    Property subtype
    Motels
    APN
    1246640010001
    APU
    1246640010001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 10, 2018 — Rutik LLC — Deed · related $84k · Plains St Bk
    Sep 20, 2017 — Rutik LLC — Deed · related $1.3M · Plains St Bk
    — — Rutik LLC — Deed Of Trust · related $1M · Texas Advantage Cmnty Bk NA
    — — Rutik LLC — Deed Of Trust · related $1.3M · Plains St Bk
    — — Rutik LLC — Deed Of Trust · related $84k · Plains St Bk
    — — Rutik LLC — Deed Of Trust · related $1.3M · Southwestern National Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $562,000
      Market price range: $473k - $654k

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $560,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Humble
    County
    Harris
    State
    Texas
    Longitude
    -95.294
    Latitude
    29.9477
    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
    $9,236
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $905,000
      20,432 SF

      15625 Hwy 59th N, Unit 31

      HOTEL/MOTEL
      15625 Hwy 59th N, Humble, TX 77396-2140
      View Details
    • Value Estimation
      $745,000
      23,990 SF

      17900 Hwy 59th N, Unit 35

      HOTEL/MOTEL
      17900 Hwy 59th N, Humble, TX 77396-1417
      View Details
    • Value Estimation
      $515,000
      18,960 SF

      15319 Hwy 59th N, Unit 54

      HOTEL/MOTEL
      15319 Hwy 59th N, Humble, TX 77396-2134
      View Details
    • Value Estimation
      $570,000
      22,221 SF

      14621 Hwy 59th N, Unit 30

      HOTEL/MOTEL
      14621 Hwy 59th N, Humble, TX 77396-3204
      View Details
    • Value Estimation
      $610,000
      23,928 SF

      14819 Hwy 59th N, Unit 51

      HOTEL/MOTEL
      14819 Hwy 59th N, Humble, TX 77396-3208
      View Details
    • Value Estimation
      $700,000
      25,228 SF

      8711 Sam Houston E Pkwy, Unit 34

      HOTEL/MOTEL
      8711 Sam Houston E Pkwy, Humble, TX 77396-4949
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      19,652 SF

      Humble Freestanding Commercial Building For Sale

      Freestanding commercial building with frontage on Beltway 8.
      8221 N Sam Houston Pkwy E, Humble, TX 77396
      View Details
    • $999,999

      Cleared Land on Atascocita Road

      Cleared land with frontage on Atascocita Rd in Humble.
      1721 Atascocita Rd, Humble, TX 77396
      View Details
    • Contact for pricing

      Humble Industrial Facility with Crane

      60,000 SF industrial facility with crane service and expansion potential.
      Rankin Rd, Humble, TX 77396
      View Details
    • Contact for pricing

      Land For Sale

      Land available with 39,341 square feet.
      6306 Aldine Bender Rd, Humble, TX 77396
      View Details
    • Contact for pricing

      Prime Land Tracts Available

      Two tracts of land available with highway frontage and utilities.
      Us-59 & Rankin Rd, Humble, TX 77396
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,150 SF

      Humble Office Space For Rent

      Office space available for lease in Humble, Texas.
      15802 Lee Rd, Humble, TX 77396
      View Details
    • Contact for pricing
      9,800 SF

      New Construction Warehouse in Humble

      9,000 SF warehouse with offices to suit for rent.
      8101-8102 Cedar Pond Dr, Humble, TX 77396
      View Details
    • Contact for pricing

      Retail Space For Rent

      Retail space available for lease in Humble, Texas.
      14925 Old Humble Rd, Humble, TX 77396
      View Details
    • Contact for pricing
      3,040 SF

      Humble Warehouse with Office Space

      3,040 SF warehouse with 900 SF office on 0.46 acres.
      2309 South Houston Ave, Humble, TX 77396
      View Details
    • Contact for pricing
      4,632 SF

      Humble Warehouse Space Available

      4,707 SF warehouse space available for lease in Humble, TX.
      1003 Atascocita Rd, Humble, TX 77396
      View Details
    • Contact for pricing

      Mixed-Use Development at The Bend

      Mixed-use development with dining, entertainment, and residential spaces.
      8 & Woodland Hl Dr, Humble, TX 77396
      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.
    15707 Hwy 59th N, Unit 34
    Humble, TX 77396-2142
    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
    15707 Hwy 59th N, Humble, TX, 77396
    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!