Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    15775 Bammel Vlg Dr Houston, TX 77014-1506

    • Warehouses
    • 7,254 SF
    • 0.45 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2535985
    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

    • Team Abilities / High School
    • Southwestern Regional Ballet Association / Association / Organization
    • Houston Dance Theatre / Theater & Performing Art Venue / Training Center

    Property Details for 15775 Bammel Vlg Dr

    Year built
    1988
    Construction
    METAL FRAME
    Lot size
    0.45 lot acres
    Property size
    7,254 SF
    Property type
    Warehouses
    APN
    1141070020003
    APU
    1141070020003

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.4657
    Latitude
    30.0052
    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
    2020
    $2,982
    $116,982
    $333,302
    $450,284
    -
    $116,982
    $333,302
    $450,284

    Comparable in this City

    • Value Estimation by Request
      2,800 SF

      13800 Veterans Memorial Dr

      MINI-WAREHOUSE, STORAGE • 2,800 SF
      13800 Veterans Memorial Dr, Houston, TX 77014-1007
      View Details
    • Value Estimation
      $550,000
      14,952 SF

      14100 Bammel N Houston Rd

      WAREHOUSE, STORAGE • 14,952 SF
      14100 Bammel N Houston Rd, Houston, TX 77014-2087
      View Details
    • Value Estimation by Request
      7,875 SF

      15005 Mintz Ln

      WAREHOUSE, STORAGE • 7,875 SF
      15005 Mintz Ln, Houston, TX 77014-1403
      View Details
    • Value Estimation by Request
      7,425 SF

      15018 Mintz Ln

      WAREHOUSE, STORAGE • 7,425 SF
      15018 Mintz Ln, Houston, TX 77014-1404
      View Details
    • Value Estimation
      $630,000
      16,575 SF

      13315 Veterans Memorial Dr

      WAREHOUSE, STORAGE • 16,575 SF
      13315 Veterans Memorial Dr, Houston, TX 77014-1650
      View Details
    • Value Estimation by Request
      14,900 SF

      15112 Welcome Ln

      WAREHOUSE, STORAGE • 14,900 SF
      15112 Welcome Ln, Houston, TX 77014-1410
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      8.38 Acres

      Houston 8.38 Acre Corner Lot

      Prime Development Land, Houston, TX
      0 Richey Rd, Houston, TX 77014
      View Details
    • Contact for pricing
      2.52 Acres

      Houston Commercial Land - 2.52 Acres

      Prime Houston location, ideal for commercial/industrial development.
      0 Welcome Ln, Houston, TX 77014
      View Details
    • Contact for pricing
      3.87 Acres

      Houston Land: 3.867 Acres

      Prime Houston development site, high traffic counts.
      0 Bammel North Houston Rd, Houston, TX 77014
      View Details
    • $800,000
      1.08 Acres

      FM 1960 Retail Land Opportunity

      Houston, TX: 1.08-acre commercial lot.
      1960 At Welcome Ln, Houston, TX 77014
      View Details
    • $70,000
      650 SF

      Houston Office Condo - Great Investment

      650 SF Creative Office, 3.2% Cap Rate
      14339 Torrey Chase Blvd, Houston, TX 77014
      View Details
    • Contact for pricing
      4.57 Acres

      Houston Commercial Land - 4.57 Acres

      Prime Houston acreage, ideal for development.
      0 Ella Blvd, Houston, TX 77014
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      124,205 SF

      Northchase Plaza Executive Offices

      Houston Office Space, Multiple Suites Available
      14340 Torrey Chase Blvd, Houston, TX 77014
      View Details
    • $12 SF/Yr
      174,072 SF

      Northwest Commerce Building Office Space

      Houston, TX office space for lease. Multiple options available.
      14405 Walters Rd, Houston, TX 77014
      View Details
    • Contact for pricing
      89,281 SF

      Houston Retail Strip Center - Prime Location

      High-traffic retail space, ample parking, excellent access.
      2324 Farm To Market 1960 Rd, Houston, TX 77014
      View Details
    • Contact for pricing
      24,812 SF

      FM 1960 West Retail Center

      High-traffic retail space, ample parking
      2470 Farm To Market 1960 Rd, Houston, TX 77014
      View Details
    • $16 SF/Yr
      17,300 SF

      Liberty Corner Retail Space

      Prime Houston storefront, 2,000 sq ft available.
      12403 Veterans Memorial Dr, Houston, TX 77014
      View Details
    • $12 SF/Yr
      26,838 SF

      Executive Suites, Houston, TX

      Prestigious Office Space Available Now
      14425 Torrey Chase Blvd, Houston, TX 77014
      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.
    15775 Bammel Vlg Dr
    Houston, TX 77014-1506
    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

    Google sign-in failed. Please try again or use another login method.