Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1775 Saint James Pl Ste, Unit 268 Houston, TX 77056-3415

    • Office buildings
    • 67,416 SF
    • 2.47 lot acres
    OFF-MARKET
    Value Estimations
    $530,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2061449
    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

    • Office buildings

    Property Details for 1775 Saint James Pl Ste

    Year built
    1973
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.47 lot acres
    Property size
    67,416 SF
    Property type
    Office buildings
    APN
    1040730000008
    APU
    1040730000008

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $730,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $326,000
      Market price range: $80.2k - $411k

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.4725
    Latitude
    29.7475
    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
    $245,138
    $10,769,300
    $1,397,491
    $12,166,791
    -
    $10,769,300
    $1,397,491
    $12,166,791

    Comparable in this City

    • Value Estimation by Request
      73,254 SF

      5050 Westheimer Rd

      OFFICE BUILDING • 73,254 SF
      5050 Westheimer Rd, Houston, TX 77056-5835
      View Details
    • Value Estimation by Request
      153,600 SF

      1900 Saint James Pl

      SKYSCRAPER/HIGH-RISE (COM OFFICES) • 153,600 SF
      1900 Saint James Pl, Houston, TX 77056-4129
      View Details
    • Value Estimation by Request
      183,618 SF

      777 Post Oak Blvd

      SKYSCRAPER/HIGH-RISE (COM OFFICES) • 183,618 SF
      777 Post Oak Blvd, Houston, TX 77056-3204
      View Details
    • Value Estimation
      $1,450,000
      508,960 SF

      2700 Post Oak Blvd

      SKYSCRAPER/HIGH-RISE (COM OFFICES) • 508,960 SF
      2700 Post Oak Blvd, Houston, TX 77056-5784
      View Details
    • Value Estimation by Request
      195,724 SF

      1776 Yorktown St

      SKYSCRAPER/HIGH-RISE (COM OFFICES) • 195,724 SF
      1776 Yorktown St, Houston, TX 77056-4182
      View Details
    • Value Estimation
      $640,000
      422,210 SF

      5444 Westheimer Rd

      SKYSCRAPER/HIGH-RISE (COM OFFICES) • 422,210 SF
      5444 Westheimer Rd, Houston, TX 77056-5397
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Prime Galleria/Uptown Development Opportunity

      Exceptional investment opportunity in Houston's prestigious Galleria/Uptown area.
      3500 Sage Rd, Houston, TX 77056
      View Details
    • $1,900,000
      4,224 SF

      Elegant Penthouse in Galleria Area

      Penthouse with views of Downtown Houston, Water Wall, and Williams Tower.
      3030 Post Oak Blvd, Houston, TX 77056
      View Details
    • Contact for pricing

      Galleria Area Redevelopment Site

      Prime 1-acre redevelopment site in Houston's Galleria submarket.
      3055 Sage Rd, Houston, TX 77056
      View Details
    • $560,000

      St George Land Opportunity

      Land for sale in St George neighborhood, Houston.
      5515 Hidalgo St, Houston, TX 77056
      View Details
    • $1,995,000
      1,935 SF

      Luxury High-Rise with Skyline Views

      Sophisticated 3 bed, 3.5 bath in Tanglewood with terrace.
      5656 San Felipe St, Houston, TX 77056
      View Details
    • $195,000
      Pending

      Residential Income Property For Sale

      Residential income property featuring 679 square feet.
      2400 Mccue Rd, Houston, TX 77056
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Upscale Office Location Near Galleria

      Office space in a desirable Houston location near West Loop.
      1770 Saint James Pl, Houston, TX 77056
      View Details
    • Contact for pricing

      Houston Galleria/Post Oak Office Space

      Office space for rent in Houston's Galleria/Post Oak area.
      5433 Westheimer Rd, Houston, TX 77056
      View Details
    • Contact for pricing
      44,733 SF

      Renovated Office Building in Galleria

      Class A office building in Houston's Galleria/Uptown submarket.
      1900 Saint James Pl, Houston, TX 77056
      View Details
    • Contact for pricing

      Design Center Showroom Opportunity

      Premier design center with showrooms, parking, and amenities.
      5120 Woodway Dr, Houston, TX 77056
      View Details
    • Contact for pricing
      8,296 SF

      High Visibility Office Space Available

      Office space for rent with excellent location and visibility.
      710 N Post Oak Blvd, Houston, TX 77056
      View Details
    • Contact for pricing

      Spaces Galleria at Post Oak

      Workspaces, services and support to help you grow your business in Spaces Galleria at Post Oak
      1980 Post Oak Blvd, Houston, TX 77056
      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.
    1775 Saint James Pl Ste, Unit 268
    Houston, TX 77056-3415
    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.
    Sign Up Successful!
    You now have access to more from Realmo!