Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    28002 Johnson Rd Tomball, TX 77375

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    28002 Johnson Rd Tomball, TX 77375

    View on Map
    • Commercial real estate
    • 2.72 lot acres
    Off-Market
    Property ID
    US82-2611064
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 28002 Johnson Rd

    Lot size
    2.72 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 2.72-acre property presents a compelling investment opportunity in the thriving Tomball, Texas market. Situated at 28002 Johnson Rd, this land boasts ±320 feet of frontage on Johnson Road, offering excellent visibility and accessibility. The property comprises two parcels, conveniently located just east of SH 249, providing easy access to major transportation arteries. Utilities are readily available through the City of Tomball, simplifying development plans. Currently zoned residential, the property will be rezoned commercial upon sale, opening up a wide range of development possibilities. This high-density area is surrounded by a mix of commercial and residential properties, ensuring a strong potential for return on investment. Its proximity to freeways, medical facilities, and retail establishments further enhances its desirability. The location offers significant advantages for various uses, including mixed-commercial, multifamily, office, flex space, and medical facilities. Importantly, this property lies outside all designated flood zones, minimizing risk and streamlining the development process. This is a rare opportunity to acquire a strategically located parcel in a rapidly growing area with significant upside potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Tomball
    County
    Harris
    State
    Texas
    Longitude
    -95.6255962
    Latitude
    30.0807468

    Comparable in this City

    • Contact for pricing
      2.30 Acres

      ±2.3 Acres Tomball Commercial Land

      Prime Tomball land, ideal for mixed-use development.
      0 Farm To Market 2920, Tomball, TX 77375
      View Details
    • Contact for pricing

      17.51 Acres Development Opportunity

      17.51-acre tract ideal for multi-family, industrial, or storage development.
      23566 Coons Rd, Tomball, TX 77375
      View Details
    • Contact for pricing

      Corner Lot Near Highway 249

      Corner lot suitable for multifamily, industrial, or storage development.
      18531 Hufsmith - Kohrville Rd, Tomball, TX 77375
      View Details
    • Contact for pricing
      5,900 SF

      Warehouse with Residence on Acres

      5,900 SF warehouse with residence on 12 acres.
      11031 Spell Rd, Tomball, TX 77375
      View Details
    • Contact for pricing

      Tomball Commercial Tract on FM2978

      3.45-acre unrestricted commercial tract with high visibility in Tomball.
      23806 Fm 2978 Rd, Tomball, TX 77375
      View Details
    • Contact for pricing

      Multifamily Property | 5 Units

      Multifamily property featuring 5 units, available for sale.
      N Eldridge Pkwy, Tomball, TX 77375
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2.30 Acres

      ±2.3 Acres Tomball Commercial Land

      Prime Tomball land, ideal for mixed-use development.
      0 Farm To Market 2920, Tomball, TX 77375
      View Details
    • Contact for pricing

      Corner Lot Near Highway 249

      Corner lot suitable for multifamily, industrial, or storage development.
      18531 Hufsmith - Kohrville Rd, Tomball, TX 77375
      View Details
    • Contact for pricing

      17.51 Acres Development Opportunity

      17.51-acre tract ideal for multi-family, industrial, or storage development.
      23566 Coons Rd, Tomball, TX 77375
      View Details
    • Contact for pricing
      5,900 SF

      Warehouse with Residence on Acres

      5,900 SF warehouse with residence on 12 acres.
      11031 Spell Rd, Tomball, TX 77375
      View Details
    • Contact for pricing

      Tomball Commercial Tract on FM2978

      3.45-acre unrestricted commercial tract with high visibility in Tomball.
      23806 Fm 2978 Rd, Tomball, TX 77375
      View Details
    • Contact for pricing

      Multifamily Property | 5 Units

      Multifamily property featuring 5 units, available for sale.
      N Eldridge Pkwy, Tomball, TX 77375
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Crane-Ready Industrial Space Available

      Industrial space with crane, storage yard, and highway access.
      23106-23114 Tomball Pkwy, Houston, TX 77375
      View Details
    • Contact for pricing

      Modern Flex and Industrial Spaces

      Modern flex and industrial spaces in Tomball's connected industrial corridor.
      11050 Mahaffey Rd, Tomball, TX 77375
      View Details
    • Contact for pricing
      14,340 SF

      Tomball Industrial Property for Rent

      Industrial property available for rent in Tomball, Texas.
      12814 Boudreaux Rd, Tomball, TX 77375
      View Details
    • Contact for pricing

      Tomball Office Warehouse Suites For Lease

      New office warehouse suites in a premier Tomball business park.
      503 E Hufsmith Rd, Tomball, TX 77375
      View Details
    • Contact for pricing

      Tomball Industrial Property for Sale

      6,840 SF industrial property available in Tomball, Texas.
      1623 South Cherry St, Tomball, TX 77375
      View Details
    • Contact for pricing

      Class A Mixed-Use Business Park

      Class A mixed-use business park in Tomball, TX for lease.
      25115 Fm 2978 Rd, Tomball, TX 77375
      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.
    28002 Johnson Rd
    Tomball, TX 77375
    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!