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

    15875 Fm 529th Rd Houston, TX 77095-2503

    • Grocery and convenience stores
    • 58,970 SF
    • 4.86 lot acres
    OFF-MARKET
    Value Estimations
    $1,320,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4039612
    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

    • Food Town / Specialty Food Shop / Supermarket
    • Redbox / Cinema / (Bike/Boat/Book/etc) Store
    • MoneyGram / Bank / Credit Union
    • Coinstar Kiosk | Bitcoin ATM / Kiosk / Atm
    • Check Cashing & More / Check Cashing

    Property Details for 15875 Fm 529th Rd

    Year built
    1995
    Construction
    CONCRETE BLOCKS
    Lot size
    4.86 lot acres
    Property size
    58,970 SF
    Property type
    Grocery and convenience stores
    APN
    1184890010003
    APU
    1184890010003

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $1,120,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,517,000
      Market price range: $1.52M - $2.83M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $2,030,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.6488
    Latitude
    29.8781
    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
    $39,224
    $2,857,977
    $2,600,462
    $5,458,439
    -
    $2,857,977
    $2,600,462
    $5,458,439

    Comparable in this City

    • Value Estimation by Request
      4,864 SF

      14711 Fm 529th Rd

      CONVENIENCE STORE (W/FUEL PUMP) • 4,864 SF
      14711 Fm 529th Rd, Houston, TX 77095-3241
      View Details
    • Value Estimation by Request
      4,702 SF

      8620 Barker Cypress Rd

      CONVENIENCE STORE (W/FUEL PUMP) • 4,702 SF
      8620 Barker Cypress Rd, Houston, TX 77095
      View Details
    • Value Estimation by Request
      9,936 SF

      9030 Hwy 6th N

      CONVENIENCE STORE (W/FUEL PUMP) • 9,936 SF
      9030 Hwy 6th N, Houston, TX 77095-2303
      View Details
    • Value Estimation
      $1,570,000
      49,486 SF

      8208 Barker Cypress Rd

      GROCERY, SUPERMARKET • 49,486 SF
      8208 Barker Cypress Rd, Houston, TX 77095
      View Details
    • Value Estimation by Request
      6,284 SF

      17214 Fm 529 Rd

      Lifestyle centers • 6,284 SF
      17214 Fm 529 Rd, Houston, TX 77095
      View Details
    • Value Estimation by Request
      4,026 SF

      10600 Silverado Trce Dr

      FINANCIAL BUILDING • 4,026 SF
      10600 Silverado Trce Dr, Houston, TX 77095
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,742 SF

      Houston Retail Property For Sale

      Retail property in Houston, Texas, featuring childcare and exercise facilities.
      15444 Ridge Park Dr, Houston, TX 77095
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      1,200 SF

      Houston Retail Portfolio Opportunity

      Retail portfolio in Houston's Cypress submarket for sale.
      15645 Fm 529 Rd, Houston, TX 77095
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      900 SF

      New Dual Drive-Thru Coffee Ground Lease

      Brand new RoadRunners Coffee ground lease in Houston, Texas.
      9526 Huffmeister Rd, Houston, TX 77095
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    • Contact for pricing
      14,050 SF

      Retail Center in Houston, TX

      Retail center in a master-planned community with below market rents.
      7700 State Highway 6 N, Houston, TX 77095
      View Details
    • Contact for pricing
      2,356 SF

      Retail Portfolio in Cypress Submarket

      Retail spaces in Houston's Cypress submarket available for sale.
      6902 State Highway 6 N, Houston, TX 77095
      View Details
    • $1,310,640

      Cleared Lot Near Highway 6

      Cleared lot approved for multifamily, retail, or flex building.
      15200 Point Northwest Blvd Northwest, Houston, TX 77095
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,700 SF

      Retail Space Available For Lease

      Retail space available for lease in Houston, Texas.
      18037 Fm 529 Rd, Houston, TX 77095
      View Details
    • $26 SF/Yr
      19,184 SF

      Eagles Landing Retail Space

      Prime Huffmeister Retail Opportunity
      9522 Huffmeister Rd, Houston, TX 77095
      View Details
    • Contact for pricing

      Retail Center on FM 529

      10,050 square foot retail center built in 2007.
      17335 Fm 529 Rd, Houston, TX 77095
      View Details
    • Contact for pricing

      Retail Space for Lease

      Retail and restaurant spaces available for lease in Houston.
      14525 Fm 529 Rd, Houston, TX 77095
      View Details
    • Contact for pricing

      Cypress Shopping Center Retail Space

      Retail spaces available in a high-traffic Cypress shopping center.
      11808 Barker Cypress Rd, Cypress, TX 77095
      View Details
    • Contact for pricing

      Retail Space in Kroger Center

      Retail spaces available for lease in Kroger anchored shopping center.
      8470 State Highway 6 N, Houston, TX 77095
      View Details
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    15875 Fm 529th Rd
    Houston, TX 77095-2503
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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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