Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    3215 White Oak Dr Houston, TX 77007
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3215 White Oak Dr Houston, TX 77007

    View on Map
    • Apartment buildings
    • 2,820 SF
    • 0.19 lot acres
    For Lease
    View Listing →
    3215 White Oak Dr, Houston, TX 77007 For Lease
    Contact for pricing

    3215 White Oak Dr, Houston, TX 77007

    Retail space available for lease near Heights Hike and Bike Trail.

    3215 White Oak Dr, Houston, TX 77007
    View Listing
    Property ID
    US83-1075677
    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

    • White Oak Food Park / Restaurant

    Property Details for 3215 White Oak Dr

    Year built
    1950
    Construction
    WOOD FRAME
    Lot size
    0.19 lot acres
    Property size
    2,820 SF
    Property type
    Apartment buildings
    APN
    210660020001
    APU
    210660020001

    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
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.3926
    Latitude
    29.7813
    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
    $0.00
    $660,720
    $261,087
    $921,807
    -
    $660,720
    $261,087
    $921,807

    Comparable in this City

    • Value Estimation by Request
      6,120 SF

      2021 Kane St, Unit 8

      APARTMENT HOUSE (5+ UNITS) • 6,120 SF
      2021 Kane St, Houston, TX 77007-7647
      View Details
    • Value Estimation by Request
      11,520 SF

      845 Beverly St, Unit 14

      APARTMENT HOUSE (5+ UNITS) • 11,520 SF
      845 Beverly St, Houston, TX 77007-1741
      View Details
    • Value Estimation by Request
      2,852 SF

      532 Cortlandt St, Unit 5

      APARTMENT HOUSE (5+ UNITS) • 2,852 SF
      532 Cortlandt St, Houston, TX 77007-2668
      View Details
    • Value Estimation by Request
      2,122 SF

      1118 Utah St, Unit 5

      APARTMENT HOUSE (5+ UNITS) • 2,122 SF
      1118 Utah St, Houston, TX 77007-3045
      View Details
    • Value Estimation by Request
      3,663 SF

      1312 Summer St, Unit 4

      APARTMENT HOUSE (5+ UNITS) • 3,663 SF
      1312 Summer St, Houston, TX 77007-4172
      View Details
    • Value Estimation by Request
      6,454 SF

      821 Yale St, Unit 11

      APARTMENT HOUSE (5+ UNITS) • 6,454 SF
      821 Yale St, Houston, TX 77007-1578
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Taylor Heights Multifamily Investment Opportunity

      Class A multifamily property in Houston's Lower Heights/Sawyer Yards.
      2000 Taylor St, Houston, TX 77007
      View Details
    • $750,000

      Renovated Fourplex with Upscale Furnishings

      Fully remodeled fourplex featuring modern, furnished units in a desirable location.
      5844 Darling St, Houston, TX 77007
      View Details
    • Contact for pricing
      2,390 SF

      Rice Military Loft-Style Townhome

      Loft-style townhome near Memorial Park, Downtown, and Uptown.
      915 Knox St, Houston, TX 77007
      View Details
    • Contact for pricing

      Prime Katy Freeway Gas Station Site

      High-traffic corner lot, ground lease available.
      5401 Katy Fwy, Houston, TX 77007
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Warehouse with Office Space

      Warehouse space available for lease, includes office and dock doors.
      651 N Shepherd Dr, Houston, TX 77007
      View Details
    • Contact for pricing

      Office Space in Houston, TX

      Office space available for rent in Houston, Texas.
      3663 Washington Ave, Houston, TX 77007
      View Details
    • Contact for pricing
      2,115 SF

      Restaurant Space in Prime Location

      Turn-key restaurant space available for lease in a high-traffic area.
      700 Durham Dr, Houston, TX 77007
      View Details
    • Contact for pricing

      Retail Space Near Memorial Park

      Retail space near Memorial Park, suitable for retail or office.
      6202 Washington Ave, Houston, TX 77007
      View Details
    • Contact for pricing

      Houston Heights Retail Space Available

      Retail and restaurant spaces for lease in desirable Houston Heights.
      2155 Durham Dr, Houston, TX 77007
      View Details
    • Contact for pricing
      400 SF

      Inner Loop Office Space Available

      Class B office space for rent in Houston, TX.
      8100 Washington Ave, Houston, TX 77007
      View Details
    View Listing
    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.
    3215 White Oak Dr
    Houston, TX 77007
    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!