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

    16160 Porter Ln Porter, TX 77365-3150

    • Assisted living facilities
    • 3,974 SF
    • 3.00 lot acres
    OFF-MARKET
    Value Estimations
    $210,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-2377472
    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

    • Assisted living facilities

    Property Details for 16160 Porter Ln

    Year built
    2009
    Lot size
    3.00 lot acres
    Property size
    3,974 SF
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    0053-00-00130
    APU
    530000130

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $250,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $167,000
      Market price range: $167k - $638k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $360,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Porter
    County
    Montgomery
    State
    Texas
    Longitude
    -95.33
    Latitude
    30.1578
    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
    2024
    $5,824
    $67,932
    $236,386
    $304,318
    -
    $67,932
    $236,386
    $304,318

    Comparable in this City

    • Value Estimation
      $280,000
      1,804 SF

      20432 Lana Ln

      HOMES (RETIRED, NURSING) • 1,804 SF
      20432 Lana Ln, Porter, TX 77365-4452
      View Details
    • Value Estimation
      $290,000
      3,606 SF

      19926 Plantation Ests Dr

      HOMES (RETIRED, NURSING) • 3,606 SF
      19926 Plantation Ests Dr, Porter, TX 77365-6945
      View Details
    • Value Estimation
      $280,000
      1,632 SF

      22321 Martin Dr

      HOMES (RETIRED, NURSING) • 1,632 SF
      22321 Martin Dr, Porter, TX 77365-5705
      View Details
    • Value Estimation
      $275,000
      1,068 SF

      22727 Martin Dr

      HOMES (RETIRED, NURSING) • 1,068 SF
      22727 Martin Dr, Porter, TX 77365-5713
      View Details
    • Value Estimation
      $360,000
      4,203 SF

      24181 Kelly St

      HOMES (RETIRED, NURSING) • 4,203 SF
      24181 Kelly St, Porter, TX 77365-5649
      View Details
    • Value Estimation by Request
      16.62 Acres

      16111 Porter Ln

      Retirement homes • 21,556 SF
      16111 Porter Ln, Porter, TX 77365
      View Details

    Similar Nearby for Sale

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      I-59 Commercial Land - Porter, TX

      High-traffic commercial land near I-59.
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      Porter TX Warehouse - Owner/User Opportunity

      High-Visibility Warehouse, Auto Repair Business Included
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      7.63 Acres

      7.63 Acres Porter, TX Land

      Prime Commercial/Residential Land, Dual Road Access
      22455 Ford Rd, Porter, TX 77365
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    • $1,500,000

      US 59 Corner Land

      Land with frontage on US 59 near master-planned communities.
      West Hammond Dr, Porter, TX 77365
      View Details
    • $115,000

      Residential Lot in Porter, TX

      0.75 acre lot ready for your dream home!
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    • Contact for pricing

      Land Available in Porter, TX

      Land for sale at 24003 Highway 59, Porter, TX.
      24003 Highway 59, Porter, TX 77365
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      13,000 SF

      Valley Ranch Office Building

      13,000 SF Office Space, Porter, TX
      23122 Valley Ranch Pkwy, Porter, TX 77365
      View Details
    • $1.23 SF/Yr
      1,250 SF

      Retail and Office/Warehouse Space

      Retail and office/warehouse space available for lease.
      24706 Loop 494, Porter, TX 77365
      View Details
    • $1.01 SF/Yr
      3,000 SF

      Freestanding Warehouse Near Highway 59

      Freestanding warehouse with highway access and fenced business park.
      20641-20665 Old Sorters Rd, Porter, TX 77365
      View Details
    • $15 SF/Yr
      10,080 SF

      Porter Retail Center: Prime Location

      10,080 SF Retail Space, 1.27 Acres
      20125 Fm 1314 Rd, Porter, TX 77365
      View Details
    • $1,326,600
      2,010 SF

      Flexible Office/Warehouse Space Available

      Office and warehouse spaces for lease or purchase.
      22985 Fm 1314 Rd, Porter, TX 77365
      View Details
    • $11 SF/Yr
      16,625 SF

      Kelly Road Warehouse Investment

      16,625 SF Warehouse, 2.49 Acres
      25203 Kelly Rd, Porter, TX 77365
      View Details
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    16160 Porter Ln
    Porter, TX 77365-3150
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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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