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

    20424 Amira Dr Tomball, TX 77377

    • Sports & entertainment properties
    • 16,132 SF
    • 0.77 lot acres
    OFF-MARKET
    Value Estimations
    $755,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4217154
    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

    • Sports & entertainment properties

    Property Details for 20424 Amira Dr

    Year built
    2008
    Lot size
    0.77 lot acres
    Property size
    16,132 SF
    Property type
    Sports & entertainment properties
    APN
    1406820010001
    APU
    1406820010001

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $605,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $908,000
      Market price range: $445k - $1.44M

    • Alternative Use

      Use
      Estimation
      RECREATIONAL/ENTERTAINMENT (GENERAL)
      $835,000
      Current use
      MEDICAL BUILDING
      $1,130,000
      Change: +35% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,020,000
      Change: +22% Conversion: Difficult
      WAREHOUSE, STORAGE
      $965,000
      Change: +15% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $870,000
      Change: +4% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Tomball
    County
    Harris
    State
    Texas
    Longitude
    -95.7194
    Latitude
    30.0619
    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
    $21,710
    $202,242
    $2,394,337
    $2,596,579
    -
    $202,242
    $2,394,337
    $2,596,579

    Comparable in this City

    • Value Estimation by Request
      1,170 SF

      20230 Cypress Rosehill Rd

      RECREATIONAL, ENTERTAINMENT • 1,170 SF
      20230 Cypress Rosehill Rd, Tomball, TX 77377-5942
      View Details
    • Value Estimation
      $1,325,000
      16,480 SF

      20230 Cypress Rosehill Rd

      RECREATIONAL, ENTERTAINMENT • 16,480 SF
      20230 Cypress Rosehill Rd, Tomball, TX 77377-5942
      View Details
    • Value Estimation
      $695,000
      16,000 SF

      21403 Mueschke Rd

      RECREATIONAL, ENTERTAINMENT • 16,000 SF
      21403 Mueschke Rd, Tomball, TX 77377-5637
      View Details
    • Value Estimation
      $1,105,000
      35,360 SF

      72 Willowcreek Rnch Rd

      RECREATIONAL, ENTERTAINMENT • 35,360 SF
      72 Willowcreek Rnch Rd, Tomball, TX 77377-0149
      View Details
    • Value Estimation by Request
      1,260 SF

      16041 Summerville Lk Dr

      RECREATIONAL, ENTERTAINMENT • 1,260 SF
      16041 Summerville Lk Dr, Tomball, TX 77377-2838
      View Details
    • Value Estimation by Request
      3,000 SF

      17026 Cypress Rosehill Rd

      RECREATIONAL, ENTERTAINMENT • 3,000 SF
      17026 Cypress Rosehill Rd, Tomball, TX 77377
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Live, Work, Play Opportunity

      4-acre property with home, shop, and established gun range.
      20003 Bauer Hockley Rd, Tomball, TX 77377
      View Details
    • $871,200
      2.00 Acres

      Tomball Land Near SH 249

      Two acres in a rapidly growing area near major roads.
      2 Acres Red Fox Rd, Tomball, TX 77377
      View Details
    • $529,200
      2,520 SF

      Tomball Office Space for Sale

      New 2520 SF Office, Owner/User
      11606 Westlock Dr Tomball, Tomball, TX 77377
      View Details
    • $1,200,000
      2,575 SF

      Tomball Land with FM 2920 Frontage

      Two lots in rapidly expanding Tomball area with high visibility.
      18706-18710 Fm 2920 Rd, Tomball, TX 77377
      View Details
    • Contact for pricing
      7,700 SF

      Tomball Warehouse with Storage Yard

      7,700 SF warehouse with fenced outside storage in Tomball.
      15042 Boudreaux Rd, Tomball, TX 77377
      View Details
    • $349,000

      Land Outside Tomball City Limits

      Unrestricted land parcel outside Tomball, Texas, with development potential.
      14515 e Medical Complex Dr, Tomball, TX 77377
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Versatile Flex Space Available

      Adaptable space for warehouse, office, retail, and fitness uses.
      16121 N Eldridge Pkwy, Tomball, TX 77377
      View Details
    • $3,900 /Mo
      2,500 SF

      Tomball Warehouses For Lease

      Two warehouses available for lease in a secluded area.
      23523 Lutheran Cemetery Rd, Tomball, TX 77377
      View Details
    • Contact for pricing
      2,760 SF

      Tomball Office, Retail, Medical Space

      Office, retail, or medical space available for immediate occupancy.
      12111 Spring Cypress Rd, Tomball, TX 77377
      View Details
    • Contact for pricing

      Professional Office Condominiums For Rent

      High-quality office suites in Tomball, TX, with flexible lease options.
      12422 Spring Cypress Rd, Tomball, TX 77377
      View Details
    • Contact for pricing

      Professional Office Condominiums For Rent

      High-quality office spaces with modern amenities in a growing community.
      12414 Spring Cypress Rd, Tomball, TX 77377
      View Details
    • Contact for pricing
      1,750 SF

      Tomball Flex/Industrial Space Available

      Flex/Industrial space available for lease in Tomball, Texas.
      11424 Spring Cypress Rd, Tomball, TX 77377
      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.
    20424 Amira Dr
    Tomball, TX 77377
    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!