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

    19525 Keenan Cut Off Rd Montgomery, TX 77316-2797

    • Warehouses
    • 10,192 SF
    • 3.50 lot acres
    OFF-MARKET
    Last Sale
    May 27, 2022
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-2490148
    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

    • Warehouses

    Property Details for 19525 Keenan Cut Off Rd

    Year built
    2010
    Lot size
    3.50 lot acres
    Property size
    10,192 SF
    Property type
    Warehouses
    APN
    5766-00-02001
    APU
    57660002001

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Texas
    Longitude
    -95.6682
    Latitude
    30.3241
    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
    $15,576
    $304,920
    $475,443
    $780,363
    -
    $304,920
    $475,443
    $780,363

    Comparable in this City

    • Value Estimation
      $685,000
      5,060 SF

      12681 Fm 149th Rd

      WAREHOUSE, STORAGE • 5,060 SF
      12681 Fm 149th Rd, Montgomery, TX 77316-9275
      View Details
    • Value Estimation by Request
      1,000 SF

      Fm 2854th Rd

      WAREHOUSE, STORAGE • 1,000 SF
      Fm 2854th Rd, Montgomery, TX 77316
      View Details
    • Value Estimation
      $725,000
      4,440 SF

      424 Mccaleb Rd

      MINI-WAREHOUSE, STORAGE • 4,440 SF
      424 Mccaleb Rd, Montgomery, TX 77316-5127
      View Details
    • Value Estimation by Request
      840 SF

      64 Mccaleb Rd

      MINI-WAREHOUSE, STORAGE • 840 SF
      64 Mccaleb Rd, Montgomery, TX 77316-5125
      View Details
    • Value Estimation by Request
      7,296 SF

      3610 Red Oak Dr

      WAREHOUSE, STORAGE • 7,296 SF
      3610 Red Oak Dr, Montgomery, TX 77316-9447
      View Details
    • Value Estimation
      $1,185,000
      37,560 SF

      2239 Saint Beulah Chapel Rd

      WAREHOUSE, STORAGE • 37,560 SF
      2239 Saint Beulah Chapel Rd, Montgomery, TX 77316-2556
      View Details

    Similar Nearby for Sale

    • $4,281,076

      Conroe Commercial Land Tract A

      15 Acres, High-Growth Area, Texas
      Conroe TX 77306 Fm 2854 Rd, Montgomery, TX 77316
      View Details
    • $527,500
      1.50 Acres

      Montgomery County Commercial Land

      1.5-Acre Multi-Use Lot, Prime Location
      18417 Keenan Cut Off Rd, Montgomery, TX 77316
      View Details
    • $90,000

      Unrestricted Land in Montgomery, Texas

      1.25 acres of unrestricted land, backs to scenic creek.
      24483 Clark Rd, Montgomery, TX 77316
      View Details
    • $2,224,600
      1,600 SF

      Unrestricted Acreage in Growing Area

      22 acres ideal for residential or mixed-use development.
      1605 Spring Branch Rd, Montgomery, TX 77316
      View Details
    • Contact for pricing

      Spectacular 745-Acre Ranch For Sale

      745-acre ranch with frontage on FM 1486, south of Hwy 105.
      2268 S Fm 1486 Rd, Montgomery, TX 77316
      View Details
    • $75,000

      Wooded Land Near Highway 105

      Two wooded lots totaling 12,499 SF near Highway 105.
      Mohawk Bnd, Montgomery, TX 77316
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,109 SF

      Class A Medical Office Building

      Modern, two-story medical office building completed in Q4 2020.
      750 Fish Creek Thoroughfare, Montgomery, TX 77316
      View Details
    • Contact for pricing
      10,000 SF

      Woodforest Professional Plaza II Pre-Leasing

      10,000 SF single-story retail or medical build-to-suit opportunity.
      756 Fish Creek Thoroughfare, Montgomery, TX 77316
      View Details
    • Contact for pricing
      150,282 SF

      Lake Conroe Commercial Land Opportunity

      Highway 105 frontage; multiple tracts available.
      17100 State Highway 105, 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
    • $15 SF/Yr
      130,000 SF

      901 Pine Market Ave

      Restaurants • 130,000 SF
      901 Pine Market Ave, Montgomery, TX 77316
      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.
    19525 Keenan Cut Off Rd
    Montgomery, TX 77316-2797
    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.