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

    17110 Hwy 59th N, Unit 38 Humble, TX 77396-1409

    • Hotels
    • 26,479 SF
    • 1.09 lot acres
    OFF-MARKET
    Value Estimations
    $605,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4469659
    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

    • Hotels

    Property Details for 17110 Hwy 59th N

    Year built
    2001
    Construction
    FRAME
    Lot size
    1.09 lot acres
    Property size
    26,479 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    1220190010001
    APU
    1220190010001

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $610,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $603,000
      Market price range: $604k - $834k

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $715,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Humble
    County
    Harris
    State
    Texas
    Longitude
    -95.2824
    Latitude
    29.9679
    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
    $5,051
    $238,250
    $246,878
    $485,128
    -
    $238,250
    $246,878
    $485,128

    Comparable in this City

    • Value Estimation
      $730,000
      26,815 SF

      15617 Hwy 59th N, Unit 46

      HOTEL/MOTEL • 26,815 SF
      15617 Hwy 59th N, Humble, TX 77396-2140
      View Details
    • Value Estimation
      $820,000
      35,530 SF

      9650 Sam Houston E Pkwy, Unit 40

      HOTEL/MOTEL • 35,530 SF
      9650 Sam Houston E Pkwy, Humble, TX 77396-4382
      View Details
    • Value Estimation
      $1,280,000
      55,440 SF

      7502 Sam Houston E Pkwy, Unit 86

      HOTEL/MOTEL • 55,440 SF
      7502 Sam Houston E Pkwy, Humble, TX 77396-4106
      View Details
    • Value Estimation by Request
      17,443 SF

      7815 Sam Houston E Pkwy, Unit 29

      HOTEL/MOTEL • 17,443 SF
      7815 Sam Houston E Pkwy, Humble, TX 77396-4119
      View Details
    • Value Estimation
      $515,000
      18,960 SF

      15319 Hwy 59th N, Unit 54

      HOTEL/MOTEL • 18,960 SF
      15319 Hwy 59th N, Humble, TX 77396-2134
      View Details
    • Value Estimation
      $570,000
      22,221 SF

      14621 Hwy 59th N, Unit 30

      HOTEL/MOTEL • 22,221 SF
      14621 Hwy 59th N, Humble, TX 77396-3204
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      West Olympia Warehouse/Office Condo

      Versatile Space, Prime Westside Location
      6306 Aldine Bender Rd, Humble, TX 77396
      View Details
    • $2,700,000

      Humble Land with Highway Frontage

      8.0867 acres zoned for commercial, residential, industrial, or flex use.
      17603 Eastex Fwy, Humble, TX 77396
      View Details
    • $475,000

      Duplex Investment Opportunity

      Nearly complete duplex featuring 3 bedrooms and 2 bathrooms.
      16227 Green Manor Dr, Humble, TX 77396
      View Details
    • Contact for pricing

      Fall Creek Commercial Land Available

      2.46 acres near ShowBiz Cinema, utilities in place.
      N Sam Houston Pkwy E, Humble, TX 77396
      View Details
    • $1,675,000

      Unrestricted Land in Growing Area

      Approximately 11 acres of unrestricted land for sale.
      Atascocita Rd, Humble, TX 77396
      View Details
    • Contact for pricing
      60,000 SF

      Humble Industrial Facility with Crane

      60,000 SF industrial facility with crane service and expansion potential.
      Rankin Rd, Humble, TX 77396
      View Details

    Similar Nearby for Lease

    • $45 SF/Yr
      7,500 SF

      Humble Retail Space For Lease

      Medical Retail Space, 4,500 SF Available
      0 Sam Houston Pkwy, Humble, TX 77396
      View Details
    • $37 SF/Yr
      5,100 SF

      Humble Office Condo - Building 800

      New 5,100 sq ft office building in Fall Creek
      8525 Sam Houston Pkwy, Humble, TX 77396
      View Details
    • $1.10 SF/Yr
      8 SF

      IAH Humble Business Center

      Six industrial buildings available for lease in Humble, Texas.
      1914 South Houston Ave, Humble, TX 77396
      View Details
    • Contact for pricing
      6 SF

      Humble Industrial Buildings For Lease

      Two industrial buildings available for lease in Humble, Texas.
      16450 Lee Rd, Humble, TX 77396
      View Details
    • Contact for pricing
      6 SF

      Freestanding Building in Humble, TX

      Freestanding building with 6,000 SF available for sale.
      2831 South Houston Ave, Humble, TX 77396
      View Details
    • Contact for pricing
      1,200 SF

      Medical Office Space Available

      Second generation medical office space for rent.
      9502-9522 Wilson Road Ct, Humble, TX 77396
      View Details
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    Humble, TX 77396-1409
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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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