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

    17555 Katy Fwy Houston, TX 77094-1309

    • Specialty properties
    • 23,976 SF
    • 3.48 lot acres
    OFF-MARKET
    Value Estimations
    $2,010,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3489566
    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

    • Citizens For Animal Protection / Animal Shelter / Pet Adoption Service
    • The Cornelius Clinic / Medical Clinic

    Property Details for 17555 Katy Fwy

    Year built
    2010
    Construction
    BRICK
    Lot size
    3.48 lot acres
    Property size
    23,976 SF
    Property type
    Specialty properties
    APN
    1318850010001
    APU
    1318850010001

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,010,000
      Market price range: $1.36M - $2.66M

    • Alternative Use

      Use
      Estimation
      VETERINARY, ANIMAL HOSPITAL
      $2,010,000
      Current use
      RESTAURANT
      $2,425,000
      Change: +21% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $2,240,000
      Change: +11% Conversion: Difficult
      RETAIL STORES
      $1,770,000
      Change: -12% Conversion: Difficult
      OFFICE BUILDING
      $1,670,000
      Change: -17% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.6848
    Latitude
    29.7835
    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
    2023
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3,990 SF

      19825 Greenwind Chase Dr

      VETERINARY, ANIMAL HOSPITAL • 3,990 SF
      19825 Greenwind Chase Dr, Houston, TX 77094-3501
      View Details
    • Value Estimation by Request
      6,096 SF

      1607 Westshore Dr

      PROFESSIONAL CLUBS/ASSOCIATIONS • 6,096 SF
      1607 Westshore Dr, Houston, TX 77094-3301
      View Details
    • Value Estimation by Request
      1,409 SF

      Park Cypress St

      PROFESSIONAL CLUBS/ASSOCIATIONS • 1,409 SF
      Park Cypress St, Houston, TX 77094
      View Details
    • Value Estimation by Request
      912 SF

      Cypress Wind

      PROFESSIONAL CLUBS/ASSOCIATIONS • 912 SF
      Cypress Wind, Houston, TX 77094
      View Details
    • Value Estimation
      $590,000
      10,556 SF

      18200 Kingsland Blvd

      DAY CARE, PRE-SCHOOL • 10,556 SF
      18200 Kingsland Blvd, Houston, TX 77094-1200
      View Details
    • Value Estimation by Request
      0.23 Acres

      Off Fwy Fwy Katy

      VACANT COMMERCIAL LAND • 0.23 Acres
      Off Fwy Fwy Katy, Houston, TX 77094
      View Details

    Similar Nearby for Sale

    • $3,119,332

      Katy Freeway Land Opportunity

      Land available on Katy Freeway, Houston.
      17790 Katy Fwy, Houston, TX 77094
      View Details
    • $3,119,332
      2.17 Acres

      Katy Freeway Commercial Land

      ±2.17 Acres, I-10 Frontage, Houston
      0 Katy Fwy, Houston, TX 77094
      View Details
    • $850,000

      Cleared Land on Barker Cypress

      0.83 acres ideal for retail or office development.
      Barker Cypress Rd, Houston, TX 77094
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Katy Freeway Office Space

      Office space available for rent on Katy Freeway.
      18211 Katy Fwy, Houston, TX 77094
      View Details
    • $25 SF/Yr
      105 SF

      Office Space Available For Lease

      Office spaces available for lease, ranging from 992 to 34,608 SF.
      15915 Katy Fwy, Houston, TX 77094
      View Details
    • $29 SF/Yr
      1,958 SF

      Retail Space on Katy Freeway

      Retail space with high visibility on Interstate 10.
      19111 Katy Fwy, Houston, TX 77094
      View Details
    • Contact for pricing

      Land For Rent Houston

      Land available for rent in Houston, Texas.
      14811 Katy Fwy, Houston, TX 77094
      View Details
    • Contact for pricing

      Energy Corridor Office Building

      Energy Corridor office building with fitness center and cafe.
      15011 Katy Fwy, Houston, TX 77094
      View Details
    • $25 SF/Yr
      105,289 SF

      Prime Katy Freeway Office Space

      Executive Suites, Houston, TX - 21,715 SF Available
      15915 Katy Fwy, Houston, TX 77094
      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.
    17555 Katy Fwy
    Houston, TX 77094-1309
    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.