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

    2890 Sam Houston S Pkwy Houston, TX 77042-3618

    • Warehouses
    • 39,930 SF
    • 1.84 lot acres
    OFF-MARKET
    Value Estimations
    $875,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3271650
    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

    • U-Haul Moving & Storage of Westchase / Storage Facility
    • Al Rooter Plumbing LLC / Plumbing Service / General Contractor
    • PlayaMade Recording Studios LLC. / Recording Studio
    • Spit Shine Auto Detail / Car Wash

    Property Details for 2890 Sam Houston S Pkwy

    Year built
    2000
    Construction
    CONCRETE BLOCKS
    Lot size
    1.84 lot acres
    Property size
    39,930 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    1180680010002
    APU
    1180680010002

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $820,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $1,220,000
      Change: +49% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $1,125,000
      Change: +37% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.5591
    Latitude
    29.7349
    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
    $141,475
    $2,400,030
    $8,878,554
    $11,278,584
    -
    $2,400,030
    $8,878,554
    $11,278,584

    Comparable in this City

    • Value Estimation by Request
      2,136 SF

      2010 Wilcrest Dr

      MINI-WAREHOUSE, STORAGE • 2,136 SF
      2010 Wilcrest Dr, Houston, TX 77042-2640
      View Details
    • Value Estimation
      $1,745,000
      183,280 SF

      2840 Sam Houston S Pkwy, Unit 1300

      MINI-WAREHOUSE, STORAGE • 183,280 SF
      2840 Sam Houston S Pkwy, Houston, TX 77042-3614
      View Details
    • Value Estimation
      $845,000
      26,880 SF

      2350 Rogerdale Rd

      MINI-WAREHOUSE, STORAGE • 26,880 SF
      2350 Rogerdale Rd, Houston, TX 77042
      View Details
    • Value Estimation by Request
      5,206 SF

      100 Wilcrest Dr

      WAREHOUSE, STORAGE • 5,206 SF
      100 Wilcrest Dr, Houston, TX 77042-1002
      View Details
    • Value Estimation
      $1,105,000
      91,370 SF

      10820 Westpark Dr

      WAREHOUSE, STORAGE • 91,370 SF
      10820 Westpark Dr, Houston, TX 77042-5106
      View Details
    • Value Estimation by Request
      3,600 SF

      10965 Westpark Dr

      WAREHOUSE, STORAGE • 3,600 SF
      10965 Westpark Dr, Houston, TX 77042-5051
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      124,600 SF

      Westchase Multi-Tenant Office Redevelopment

      Multi-tenant office building with high visibility and redevelopment potential.
      2900 Wilcrest Dr, Houston, TX 77042
      View Details
    • $2,035,166
      2.46 Acres

      Wilcrest Dr Commercial Land - Houston

      2.46 Acres, Prime Commercial Location
      3830 Wilcrest Dr, Houston, TX 77042
      View Details
    • $99,000
      1,200 SF

      Two-Bedroom Condo in Westchase

      Two-bedroom condo in Westchase area needing renovation.
      2120 Wilcrest Dr, Houston, TX 77042
      View Details
    • $104,500
      1,224 SF

      Tenant-Occupied Home Near Highways

      Home with stainless steel appliances, tenant-occupied with easy highway access.
      10001 Westpark Dr, Houston, TX 77042
      View Details
    • $270,000

      Briar Forest Drive Specialty Property

      Specialty property available for purchase in Houston, Texas.
      10798 Briar Frst Dr 5/24, Houston, TX 77042
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    • $117,500

      Westchase Condo with Loft

      Contemporary 2-bedroom condo with loft, convenient Westchase location.
      10855 Meadowglen Ln, Houston, TX 77042
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    Similar Nearby for Lease

    • Contact for pricing
      8,490 SF

      Houston Warehouse Space Available

      8,490 SF warehouse space for lease in Houston, TX.
      3700-3798 Westchase Dr, Houston, TX 77042
      View Details
    • $1.00 SF/Yr
      5,000 SF

      Industrial Warehouse with Trailer Storage

      5,000 SF warehouse with trailer storage and restricted entry.
      3350 Rogerdale Rd, Houston, TX 77042
      View Details
    • Contact for pricing
      2,224 SF

      Westchase Business Park Flex Space

      Flex space available in master-planned Westchase business park.
      3120-3130 Rogerdale Rd, Houston, TX 77042
      View Details
    • $8 SF/Yr
      47,180 SF

      Westchase Office Space For Lease

      Prime Houston Flex/Office Space Available
      3120-3130 Rogerdale Rd, Houston, TX 77042
      View Details
    • $18 SF/Yr
      3,000 SF

      Industrial Space Available For Lease

      3,000 square feet of industrial space for lease.
      12836 Westheimer Rd, Houston, TX 77042
      View Details
    • $5,000,000
      9,993 SF

      Westoffice Drive Flex/Industrial Space

      Flex/industrial space available for lease in Houston, Texas.
      10595 Westoffice Dr, Houston, TX 77042
      View Details
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    2890 Sam Houston S Pkwy
    Houston, TX 77042-3618
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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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