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Property profile & analytics
FOR SALE
Warehouses
16628 Sea Lark Rd Houston, TX 77062
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US82-1001595
For Sale
1 / 2
$750,000
16628 Sea Lark Rd, Houston, TX 77062
View Listing →
Property summary
AI-generated overview
This 16,002-square-foot industrial warehouse in Houston, Texas, offers significant investment potential. Built in 1968 and renovated in 2021, the property features 4,320 square feet of net rentable space, priced at $98 per square foot. The single-unit building sits on a large lot with extra land ideal for expansion, including the addition of structures or outdoor areas. A smaller storage warehouse is located at the rear. This property presents a value-add opportunity with potential for increased profitability through strategic upgrades or modifications. Its location offers convenient access to major highways, I-45 and the NASA Bypass, ensuring efficient transportation. Furthermore, its proximity to HCA Houston Healthcare Clear Lake Hospital (approximately 2.7 miles) provides additional growth opportunities for businesses related to healthcare. The property is located at 16628 Sea Lark Rd, Houston, TX 77062.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1968
Construction
CONCRETE BLOCKS
Total area
4,840 SF
Lot
0.37 ac (16,004 SF)
APN
990500000017
UPID
US82-1001595
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
AirCon Service Company HVAC Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Derek Stewart
Derek Stewart
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Houston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Houston submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,657
Tax year 2023
Assessed value
$404,443
Assessed 2024
Previous assessed
$404,443
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$192,024
Assessed improvement
$212,419
Land market value
$192,024
Improvement market value
$212,419
Total market value
$404,443
Applied tax rate
27.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
1968
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
NONE
Buildings
1
Stories
1
Total area
4,840 SF
Lot
0.37 ac (16,004 SF)
APN
990500000017
UPID
US82-1001595
Jurisdiction
HARRIS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1968
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
0.37 ac
Current owner
From public records · entity-resolved
Derek Stewart
Individual
Mailing address
714 ALGOA FRIENDSWOOD RD, ALVIN, TX 77511-8466
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Derek Stewart
—
Deed Of Trust
related
$221,300 · Wells Fargo Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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