Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1705 Sherwood Frst St Houston, TX 77043-3503

    • Auto shops
    • 14,140 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimations
    $610,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4168870
    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

    • Best Collision Center / Auto Repair Shop

    Property Details for 1705 Sherwood Frst St

    Year built
    1985
    Construction
    METAL FRAME
    Lot size
    1.00 lot acres
    Property size
    14,140 SF
    Property type
    Auto shops
    APN
    700770040011
    APU
    700770040011

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $460,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $764,000
      Market price range: $764k - $1.91M

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.5804
    Latitude
    29.7971
    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
    $11,081
    $656,370
    $454,731
    $1,111,101
    -
    $656,370
    $454,731
    $1,111,101

    Comparable in this City

    • Value Estimation by Request
      3,510 SF

      10919 Mayfield Rd

      AUTO REPAIR, GARAGE • 3,510 SF
      10919 Mayfield Rd, Houston, TX 77043-3908
      View Details
    • Value Estimation
      $585,000
      6,575 SF

      11512 Katy Fwy

      AUTO REPAIR, GARAGE • 6,575 SF
      11512 Katy Fwy, Houston, TX 77043-4506
      View Details
    • Value Estimation by Request
      2,548 SF

      1326 Conrad Sauer Dr

      AUTO REPAIR, GARAGE • 2,548 SF
      1326 Conrad Sauer Dr, Houston, TX 77043-4309
      View Details
    • Value Estimation by Request
      8,804 SF

      1729 Brittmoore Rd

      AUTO REPAIR, GARAGE • 8,804 SF
      1729 Brittmoore Rd, Houston, TX 77043-2713
      View Details
    • Value Estimation
      $610,000
      14,000 SF

      1408 Upland Dr

      AUTO REPAIR, GARAGE • 14,000 SF
      1408 Upland Dr, Houston, TX 77043-4721
      View Details
    • Value Estimation by Request
      5,300 SF

      11520 Katy Fwy

      AUTO REPAIR, GARAGE • 5,300 SF
      11520 Katy Fwy, Houston, TX 77043-4506
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,750 SF

      Town & Country Retail Center Investment

      Houston Retail Center, 100% Occupied
      10780 Westview Dr, Houston, TX 77043
      View Details
    • $130,000

      Land For Sale

      Land available for purchase in Houston, Texas.
      1220 Shadowdale Dr, Houston, TX 77043
      View Details
    • $850,000

      Residential/Commercial Property for Sale

      Residential/Commercial property with potential for office conversion in ideal commercial zone.
      1665 Brittmoore Rd, Houston, TX 77043
      View Details
    • $180,000

      Colony Townhomes Condo For Sale

      Three-bedroom condo in Spring Branch with community pool access.
      10666 Hazelhurst Dr, Houston, TX 77043
      View Details
    • $1,625,000

      Unrestricted Land Near City Centre

      Unrestricted land with frontage on Upland and Wycliff Drive.
      1332 Upland Dr, Houston, TX 77043
      View Details
    • Contact for pricing
      7,200 SF

      7,200 SF Free Standing Building

      7,200 SF building with office, warehouse, and outside storage.
      1331 Upland Dr, Houston, TX 77043
      View Details

    Similar Nearby for Lease

    • $9 SF/Yr
      9,000 SF

      Houston Warehouse Space Available

      9,000 & 5,000 SF Warehouse Lease
      1765 Upland Dr, Houston, TX 77043
      View Details
    • $9 SF/Yr
      2,557 SF

      Industrial Space Available for Lease

      2,557 square feet of industrial space for lease.
      1411 Upland Dr, Houston, TX 77043
      View Details
    • $11 SF/Yr
      61,872 SF

      One Woodbranch Center: Houston Office

      Prime Houston Office Space: 12,233 SF Available
      11931 Wickchester Ln, Houston, TX 77043
      View Details
    • $24 SF/Yr
      29,494 SF

      Executive Office Suites, Houston

      Class A Office Space, Abundant Parking
      2930 Sam Houston Pkwy, Houston, TX 77043
      View Details
    • Contact for pricing
      45 SF

      Industrial Space Available For Lease

      Industrial property featuring 45,681 square feet available for lease.
      1717 Brittmoore Rd, Houston, TX 77043
      View Details
    • $8 SF/Yr
      2,286 SF

      Houston Warehouse Space Available

      2,286 square foot warehouse space for lease in Houston.
      1771-1777 Upland Dr, Houston, TX 77043
      View Details
    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.
    1705 Sherwood Frst St
    Houston, TX 77043-3503
    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

    Google sign-in failed. Please try again or use another login method.