Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    16850 Interstate 45th S The Woodlands, TX 77384-4124
    Back to Search
    Property profile & analytics

    16850 Interstate 45th S, The Woodlands, TX 77384-4124

    View on Map
    • Motels
    • 43,788 SF
    • 2.15 lot acres
    Off-Market
    Property ID
    US83-2590869
    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
    $1,100,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 16850 Interstate 45th S

    Year built
    2000
    Lot size
    2.15 lot acres
    Property type
    Motels
    APN
    9700-00-00115
    APU
    97000000115

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 27, 2024 — 45 Mhm Woodlands INC Cni Thl Propco Fe LLC Special Warranty Deed $4.6M · The Mint National Bank
    Dec 1, 2023 — Cni Thl Propco Fe LLC — Deed · related $794M · German American Capital Corporation
    Nov 13, 2017 — Cni Thl Propco Fe LLC W2005/fargo Hotels Pool C Realty LP Deed $960M · Jpmorgan Chase Bank NA
    Apr 20, 2006 — Fargo Hotels Pool C Re W2005 Heritage Inn Number Lx Quit Claim Deed · related $671.8M · Column Financial INC

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $1,365,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $835,000
      Market price range: $675k - $1.36M

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $975,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    The Woodlands
    County
    Montgomery
    State
    Texas
    Longitude
    -95.4575
    Latitude
    30.2089
    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
    $46,494
    $1,873,960
    $1,348,591
    $3,222,551
    -
    $1,873,960
    $1,348,591
    $3,222,551

    Comparable in this City

    • Value Estimation
      $915,000
      33,430 SF

      18456 Interstate 45th S

      MOTEL
      18456 Interstate 45th S, Shenandoah, TX 77384-4118
      View Details
    • Value Estimation by Request
      2.00 Acres

      18200 Interstate 45th S

      HOTEL
      18200 Interstate 45th S, Shenandoah, TX 77384-4115
      View Details
    • Value Estimation
      $1,395,000
      51,538 SF

      17525 St Lukes Way

      HOTEL
      17525 St Lukes Way, The Woodlands, TX 77384-8035
      View Details
    • Value Estimation by Request
      28,047 SF

      3600 Fm 1488 Rd

      Restaurants
      3600 Fm 1488 Rd, Conroe, TX 77384
      View Details
    • Value Estimation by Request

      2520 Farm To Market Rd

      Land
      2520 Farm To Market Rd, Conroe, TX 77384
      View Details
    • Value Estimation by Request
      77,274 SF

      525 Woodland Sq Blvd

      Office Spaces
      525 Woodland Sq Blvd, Conroe, TX 77384
      View Details

    Similar Nearby for Sale

    • $3,500,000
      4,391 SF

      Drive-Thru Restaurant Built in 2015

      Drive-thru restaurant with four lanes and ample parking.
      3660 Fm 1488 Rd, Conroe, TX 77384
      View Details
    • $6,200,000

      Prime Land Near The Woodlands

      6.11 acres of land near The Woodlands and I-45.
      1120 Wellman Rd, Conroe, TX 77384
      View Details
    • $147,000

      Unrestricted Lot Near Woodlands

      Spacious unrestricted lot suitable for commercial or residential use.
      13881 Park Ave, Conroe, TX 77384
      View Details
    • Contact for pricing

      Shenandoah Office/Medical Building Near Woodlands

      75,000 SF office/medical building near The Woodlands hospitals.
      128 Vision Park Blvd, Shenandoah, TX 77384
      View Details
    • Contact for pricing

      Magnolia Land with FM 1488 Access

      2.5-acre land parcel with high traffic count and no zoning.
      Bridlewood Dr & Saddlewood Dr, Magnolia, TX 77384
      View Details
    • Contact for pricing

      Unrestricted Land Near Woodlands Schools

      Large unrestricted tract near Woodlands schools with future road expansion.
      14051 Old Conroe Rd, Conroe, TX 77384
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space for Lease

      Retail and restaurant spaces available for lease.
      3707 College Park Dr, Conroe, TX 77384
      View Details
    • Contact for pricing
      3,533 SF

      Shenandoah Office Space For Rent

      Office space available for lease in Shenandoah, Texas.
      128 Vision Park Blvd, Shenandoah, TX 77384
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space in The Woodlands

      Retail space available for lease in The Woodlands, Texas.
      3776 Fm 1488 Rd, The Woodlands, TX 77384
      View Details
    • Contact for pricing
      10,432 SF

      Medical Office Building For Rent

      Class A medical office building in The Woodlands, Texas.
      129 Vision Park Blvd, The Woodlands, TX 77384
      View Details
    • Contact for pricing

      Retail Space in Woodlands Market

      Located in the desirable Woodlands market on SH-242.
      3335 College Park Dr, The Woodlands, TX 77384
      View Details

    Property Visit Statistics

    • Visits by month
      23.7k
    • Visitors by month
      20.5k
    • Avg Time on site
      49 min
    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.
    16850 Interstate 45th S
    The Woodlands, TX 77384-4124
    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

    Thank You for Inquiry
    16850 Interstate 45th S, The Woodlands, TX, 77384
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!