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    16006 Ave C C, Unit 40 Channelview, TX 77530-3706
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    Property profile & analytics

    16006 Ave C C, Unit 40, Channelview, TX 77530-3706

    View on Map
    • Hotels
    • 25,862 SF
    • 4.02 lot acres
    Off-Market
    Property ID
    US82-4850134
    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
    $610,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hotels

    Property Details for 16006 Ave C C

    Year built
    1997
    Construction
    WOOD FRAME
    Lot size
    4.02 lot acres
    Property type
    Hotels
    Property subtype
    Motels
    APN
    650910030012
    APU
    650910030012

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 17, 2018 — Shri Jai Hanuman LLC Sahil Jivan LLC Warranty Deed $2.5M · Sahil Jivan LLC
    Dec 10, 2010 — Worldwide Operating INC — Deed Of Trust · related $85M · Key Equipment Finance INC
    — — Artic Wind Corp — Deed Of Trust · related $400k · Southwestern National Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $440,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $776,000
      Market price range: $441k - $939k

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $730,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Channelview
    County
    Harris
    State
    Texas
    Longitude
    -95.1189
    Latitude
    29.7816
    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
    $13,536
    $1,330,666
    $270,489
    $1,601,155
    -
    $1,330,666
    $270,489
    $1,601,155

    Comparable in this City

    • Value Estimation by Request
      1.72 Acres

      16939 Fwy Service Rd

      Motels
      16939 Fwy Service Rd, Channelview, TX 77530
      View Details
    • Value Estimation by Request
      5,676 SF

      15543 Ee Fwy, Unit 12

      HOTEL/MOTEL
      15543 Ee Fwy, Channelview, TX 77530-4109
      View Details
    • Value Estimation
      $1,370,000
      50,588 SF

      16211 Ee Fwy, Unit 85

      HOTEL/MOTEL
      16211 Ee Fwy, Channelview, TX 77530-4317
      View Details
    • Value Estimation
      $525,000
      10,564 SF

      16933 Ee Fwy, Unit 20

      HOTEL/MOTEL
      16933 Ee Fwy, Channelview, TX 77530-3805
      View Details
    • Value Estimation by Request
      15,900 SF

      15607 Ee Fwy

      HOTEL/MOTEL
      15607 Ee Fwy, Channelview, TX 77530-4124
      View Details
    • Value Estimation
      $985,000
      17,884 SF

      15157 Ee Fwy, Unit 177

      HOTEL/MOTEL
      15157 Ee Fwy, Channelview, TX 77530-4134
      View Details

    Similar Nearby for Sale

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      Channelview Income-Producing Property on Acre

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      Land For Sale

      Land available for sale.
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      Sheldon Road Commercial Land Available

      Commercial land with utilities available on Sheldon Road.
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    • $1,100,000

      Commercial Land with Development Potential

      Commercial land with city utilities and development possibilities.
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      Land For Sale

      Land available for sale.
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    Similar Nearby for Lease

    • Contact for pricing
      752,254 SF

      Channelview Cross Dock Warehouse

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    • Contact for pricing
      60,000 SF

      60,000 SF Warehouse Available

      60,000 SF warehouse space with 18 dock-high doors.
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      Versatile Retail/Office Space Available

      Adaptable space suitable for retail or office use.
      16945 Avenue A, Channelview, TX 77530
      View Details
    • Contact for pricing
      1,296 SF

      Channelview Office Space Available

      Office space available for rent in Channelview, Texas.
      15055 East Fwy, Channelview, TX 77530
      View Details
    • Contact for pricing
      28,880 SF

      Grocery Anchored Retail Spaces

      Retail spaces and pad site available in Channelview, Texas.
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      View Details
    • Contact for pricing
      88,479 SF

      Channelview Healthcare Facility For Rent

      Three-story healthcare building with acute and child bed capacity.
      15101 East Fwy East, Channelview, TX 77530
      View Details
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    Channelview, TX 77530-3706
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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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