Add Listing
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

    18839 Mckay Dr, Unit 46 Humble, TX 77338-5721

    • Hospitals
    • 58,768 SF
    • 3.24 lot acres
    OFF-MARKET
    Value Estimations
    $1,735,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-6068285
    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

    • Humble Kindred Hospital / Rehabilitation Center / Hospital
    • Craig Ditommaso / Physician
    • Irvin Quezon / Physician
    • David Poindexter / Physician / Medical Clinic
    • Tony Nguyen / Physician

    Property Details for 18839 Mckay Dr

    Year built
    2011
    Construction
    BRICK
    Lot size
    3.24 lot acres
    Property size
    58,768 SF
    Property type
    Hospitals
    APN
    1323640010002
    APU
    1323640010002

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $1,870,000
      Current use
      WAREHOUSE, STORAGE
      $2,800,000
      Change: +50% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Humble
    County
    Harris
    State
    Texas
    Longitude
    -95.2789
    Latitude
    29.9922
    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
    $235,515
    $989,464
    $19,118,019
    $20,107,483
    -
    $989,464
    $19,118,019
    $20,107,483

    Comparable in this City

    • Value Estimation
      $725,000
      29,433 SF

      19002 Mckay Dr

      HOSPITAL - PRIVATE • 29,433 SF
      19002 Mckay Dr, Humble, TX 77338-5701
      View Details
    • Value Estimation
      $1,050,000
      41,601 SF

      19211 Mckay Dr, Unit 54

      HOSPITAL - PRIVATE • 41,601 SF
      19211 Mckay Dr, Humble, TX 77338-5502
      View Details
    • Value Estimation
      $5,075,000
      159,513 SF

      18951 Memorial Dr

      HOSPITAL - PRIVATE • 159,513 SF
      18951 Memorial Dr, Humble, TX 77338-4217
      View Details
    • Value Estimation by Request
      13,050 SF

      18960 Memorial Dr

      HOSPITAL - PRIVATE • 13,050 SF
      18960 Memorial Dr, Humble, TX 77338-4216
      View Details
    • Value Estimation
      $860,000
      33,610 SF

      1475 Fm 1960th Byp E Rd

      HOSPITAL - PRIVATE • 33,610 SF
      1475 Fm 1960th Byp E Rd, Humble, TX 77338-3909
      View Details
    • Value Estimation by Request
      12,408 SF

      18652 Mckay Dr

      MEDICAL BUILDING • 12,408 SF
      18652 Mckay Dr, Humble, TX 77338-5726
      View Details

    Similar Nearby for Sale

    • $2,900,000
      5,886 SF

      Turnkey Medical Facility with Expansion

      Fully equipped medical facility with development potential near Memorial Hermann.
      19007 Highway 59 N, Humble, TX 77338
      View Details
    • $434,900

      Spacious Duplex with Modern Finishes

      Well-built duplex featuring open layouts and quality finishes.
      19110 - A&B Sears Dr, Houston, TX 77338
      View Details
    • Contact for pricing
      4.08 Acres

      Prime 4.08-Acre Commercial Land

      Humble, TX commercial lot – ideal for development.
      0 Mckay Center Dr, Humble, TX 77338
      View Details
    • Contact for pricing

      Vacant Land on Kenswick Drive

      8.212 acres of land with utilities available.
      8415 Fm 1960 Bypass Rd W, Humble, TX 77338
      View Details
    • Contact for pricing

      Land For Sale

      Land available for purchase in Humble, Texas.
      Antler Ln, Humble, TX 77338
      View Details
    • $2,918,215

      Undeveloped Land with Extensive Frontage

      Raw land with significant frontage near major transportation routes.
      Farrell Rd, Humble, TX 77338
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,222 SF

      Prime Medical Office Space Humble, TX

      Exceptional Dental Office Suite - Ready to Lease
      19411 Mckay Dr, Humble, TX 77338
      View Details
    • Contact for pricing
      3,123 SF

      Medical Office Near Memorial Hermann

      Two-story medical office building near Memorial Hermann Northeast Hospital.
      9816 Memorial Blvd, Humble, TX 77338
      View Details
    • Contact for pricing
      28,369 SF

      Humble Medical Office Building

      Class C Medical Office, 4 Suites Available
      9816 Memorial Blvd, Humble, TX 77338
      View Details
    • Contact for pricing
      289,200 SF

      Humble Warehouse with Extensive Features

      289,200 SF warehouse on 21.51 acres in Humble, TX.
      18727 Kenswick Dr, Humble, TX 77338
      View Details
    • Contact for pricing
      4,000 SF

      Humble Office Space Available

      Office space featuring 15 offices, conference room, and breakroom.
      8717 Humble Westfield Rd, Humble, TX 77338
      View Details
    • $28 SF/Yr
      21,803 SF

      Humble High Retail Center

      Prime Retail Space Available Now
      0 Wilson Rd, Humble, TX 77338
      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.
    18839 Mckay Dr, Unit 46
    Humble, TX 77338-5721
    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!