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

    2810 Mowery Rd Houston, TX 77045-4810

    • Warehouses
    • 6,900 SF
    • 4.20 lot acres
    OFF-MARKET
    Value Estimations
    $575,000
    Show details
    Cap Rate Potential
    8.7%
    Warehouses
    Location Intelligence
    Property ID
    US82-2533600
    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

    • Ramirez Group / Law Firm
    • Altr B. Recycling Inc / Recycling Center / Waste Management Facility
    • 24HR Garage Doors Services / Building Supply / General Contractor
    • The Door Boutique LLC / Hardware & Home Improvement / Production Facility

    Property Details for 2810 Mowery Rd

    Year built
    1998
    Construction
    METAL FRAME
    Lot size
    4.20 lot acres
    Property size
    6,900 SF
    Property type
    Warehouses
    APN
    451800010028
    APU
    451800010028

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $585,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $845,000
      6.5%
      $780,000
      7%
      $725,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $561,000
      Market price range: $246k - $561k

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $405,000
      Current use
      COMMERCIAL (GENERAL)
      $950,000
      Change: +134% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $775,000
      Change: +91% Conversion: Easy
      RESTAURANT
      $760,000
      Change: +87% Conversion: Difficult
      OFFICE BUILDING
      $480,000
      Change: +18% Conversion: Difficult
      RETAIL STORES
      $480,000
      Change: +18% Conversion: Moderate
      MEDICAL BUILDING
      $440,000
      Change: +9% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $430,000
      Change: +6% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.4052
    Latitude
    29.6351
    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
    2023
    $44,268
    $549,012
    $1,595,930
    $2,144,942
    -
    $549,012
    $1,595,930
    $2,144,942

    Comparable in this City

    • Value Estimation
      $1,015,000
      12,500 SF

      14000 Post Oak Rd

      WAREHOUSE, STORAGE • 12,500 SF
      14000 Post Oak Rd, Houston, TX 77045-5151
      View Details
    • Value Estimation
      $2,910,000
      154,032 SF

      13131 Almeda Rd

      WAREHOUSE, STORAGE • 154,032 SF
      13131 Almeda Rd, Houston, TX 77045-6603
      View Details
    • Value Estimation by Request
      2,400 SF

      13221 Player St

      WAREHOUSE, STORAGE • 2,400 SF
      13221 Player St, Houston, TX 77045-3107
      View Details
    • Value Estimation by Request
      6,160 SF

      12354 Amelia Dr

      WAREHOUSE, STORAGE • 6,160 SF
      12354 Amelia Dr, Houston, TX 77045-4814
      View Details
    • Value Estimation by Request
      4,000 SF

      5225 Allum Rd

      WAREHOUSE, STORAGE • 4,000 SF
      5225 Allum Rd, Houston, TX 77045-2003
      View Details
    • Value Estimation
      $730,000
      9,280 SF

      12102 Almeda Rd

      WAREHOUSE, STORAGE • 9,280 SF
      12102 Almeda Rd, Houston, TX 77045-3700
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      367.00 Acres

      Houston Land: 367 Acres

      Prime Houston acreage, diverse development potential.
      700 Holmes Rd, Houston, TX 77045
      View Details
    • $950,000
      2.59 Acres

      Houston Industrial Land - $950K

      2.59 Acres Industrial Land, Houston
      12245 Robin Blvd, Houston, TX 77045
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    • $699,900

      Cleared Commercial Lot Ready Development

      Cleared commercial lot with dual street access ready for development.
      5302 Fuqua Gardens Vw, Houston, TX 77045
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    • Contact for pricing

      Land Available in Houston, TX

      Land available for sale in Houston, Texas.
      12102 Almeda Rd, Houston, TX 77045
      View Details
    • $425,000

      Cleared Lot on Hiram Clarke

      Under-acre cleared lot ready for development with high visibility.
      0000 Hiram Clarke Rd, Houston, TX 77045
      View Details
    • $784,000

      Prime Commercial Land Opportunity

      Two lots totaling 1.25+ acres for commercial development.
      Orem Dr, Houston, TX 77045
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      66,120 SF

      Manufacturing Facility with Overhead Cranes

      66,120 SF manufacturing facility with heavy power and cranes.
      12300-12350 Amelia Dr, Houston, TX 77045
      View Details
    • $20 SF/Yr
      11,200 SF

      Hiram Clarke Rd Retail Space

      Houston Retail Space: Multiple Units Available
      13123 Hiram Clarke Rd, Houston, TX 77045
      View Details
    • Contact for pricing
      42,280 SF

      Houston Flex Space: 42,280 SF

      Prime Houston industrial flex space, 42,280 sq ft.
      12245 Robin Blvd, Houston, TX 77045
      View Details
    • $15 SF/Yr
      29,667 SF

      Almeda Road Retail Center

      Houston Retail Space Available Now
      13312 Almeda Rd, Houston, TX 77045
      View Details
    • Contact for pricing
      24,950 SF

      Southview Center Retail Space

      Houston Retail Space: 1,450 SF Available
      13815 Post Oak Rd, Houston, TX 77045
      View Details
    • Contact for pricing
      38,333 SF

      Almeda Road Ground Lease Opportunity

      Prime Houston land, 0.88 acres, high visibility.
      12230 Almeda Rd, Houston, TX 77045
      View Details
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    2810 Mowery Rd
    Houston, TX 77045-4810
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    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
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