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

    17163 Rabon Chapel Rd Montgomery, TX 77316-4121

    • Auto shops
    • 2,016 SF
    • 1.10 lot acres
    OFF-MARKET
    Value Estimations
    $255,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-2443750
    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

    • Gentry Automotive / Car Inspection Station / Diesel Engine Repair Service

    Property Details for 17163 Rabon Chapel Rd

    Year built
    1990
    Lot size
    1.10 lot acres
    Property size
    2,016 SF
    Property type
    Auto shops
    APN
    5860-00-06900
    APU
    58600006900

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $270,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $237,000
      Market price range: $110k - $273k

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $185,000
      Current use
      COMMERCIAL (GENERAL)
      $280,000
      Change: +52% Conversion: Moderate
      OFFICE BUILDING
      $270,000
      Change: +46% Conversion: Difficult
      WAREHOUSE, STORAGE
      $235,000
      Change: +29% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Texas
    Longitude
    -95.6169
    Latitude
    30.341
    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
    $8,116
    $95,830
    $410,080
    $505,910
    -
    $95,830
    $410,080
    $505,910

    Comparable in this City

    • Value Estimation
      $235,000
      3,040 SF

      7013 Pennsylvania Ave

      AUTO REPAIR, GARAGE • 3,040 SF
      7013 Pennsylvania Ave, Montgomery, TX 77316-2031
      View Details
    • Value Estimation
      $265,000
      4,500 SF

      13070 Fm 149th Rd

      AUTO REPAIR, GARAGE • 4,500 SF
      13070 Fm 149th Rd, Montgomery, TX 77316-9307
      View Details
    • Value Estimation by Request
      4,500 SF

      743 Fish Creek Thoroughfare

      Automotive properties • 4,500 SF
      743 Fish Creek Thoroughfare, Montgomery, TX 77316
      View Details
    • Value Estimation by Request
      84,942 SF

      1756 Mccaleb Rd

      Lifestyle centers • 84,942 SF
      1756 Mccaleb Rd, Montgomery, TX 77316
      View Details
    • Value Estimation by Request
      25,256 SF

      618 Fish Creek Thoroughfare

      Lifestyle centers • 25,256 SF
      618 Fish Creek Thoroughfare, Montgomery, TX 77316
      View Details
    • Value Estimation by Request
      4.84 Acres

      Fish Creek Thoroughfare

      Individual retail properties • 4.84 Acres
      0 Fish Creek Thoroughfare, Montgomery, TX 77316
      View Details

    Similar Nearby for Sale

    • $4,355,461
      4,500 SF

      Texas Auto Shop Investment Opportunity

      High-yield, NNN-leased auto shop in booming Montgomery.
      743 Fish Creek Thoroughfare, Montgomery, TX 77316
      View Details
    • $1,277,130
      84,942 SF

      Prime Montgomery Retail Corner

      1.95-acre vacant retail site, high traffic.
      1756 Mccaleb Rd, Montgomery, TX 77316
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    • Contact for pricing
      42,680 SF

      Retail Space in Woodforest

      Retail space available in a master-planned community.
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      25,256 SF

      The Park at Fish Creek

      Montgomery Retail Center - Value Add
      618 Fish Creek Thoroughfare, Montgomery, TX 77316
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    • Contact for pricing
      20,000 SF

      Retail/Office Space For Sale

      Retail and office space available for lease in Montgomery, TX.
      895 Fish Creek Thoroughfare, Montgomery, TX 77316
      View Details
    • Contact for pricing
      8.07 Acres

      8.07 Acres Commercial Land, Conroe, TX

      Prime Commercial Land Near New Subdivision
      0 Fm 2854 Rd, Montgomery, TX 77316
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,000 SF

      Woodforest Plaza II Retail Space

      Class A Retail Space, Montgomery, TX
      756 Fish Creek Thoroughfare, Montgomery, TX 77316
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    • Contact for pricing
      53,560 SF

      Woodforest Retail Center - Montgomery, TX

      Prime Retail Space in Growing Community
      0 Fish Creek Thoroughfare, Montgomery, TX 77316
      View Details
    • Contact for pricing
      4,609 SF

      Retail Space in Woodforest Community

      New retail space for lease in master-planned Woodforest community.
      760 Fish Creek Thoroughfare, Montgomery, TX 77316
      View Details
    • Contact for pricing
      3,800 SF

      Retail Space in Woodforest Community

      Available retail endcap spaces in master-planned Woodforest community.
      791 Fish Creek Thoroughfare, Montgomery, TX 77316
      View Details
    • $23 SF/Yr
      800 SF

      Retail/Office Space in Montgomery, TX

      Sublease opportunity: 800 SF retail/office space in Montgomery, TX.
      3535 Honea Egypt Rd, Montgomery, TX 77316
      View Details
    • $16 SF/Yr
      10,194 SF

      Prime Retail Shell Space Available

      Customizable retail space in a rapidly growing area.
      3636 Honea Egypt Rd, Montgomery, TX 77316
      View Details
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    17163 Rabon Chapel Rd
    Montgomery, TX 77316-4121
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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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