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

    3375 Fm 1462nd Rd Alvin, TX 77511-0273

    • Warehouses
    • 2,500 SF
    • 0.39 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3620487
    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

    • Triple T Feed & Leather / Department Store / Clothing & Fashion Store

    Property Details for 3375 Fm 1462nd Rd

    Year built
    1964
    Lot size
    0.39 lot acres
    Property size
    2,500 SF
    Property type
    Warehouses
    APN
    8049-0003-000
    APU
    80490003000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Alvin
    County
    Brazoria
    State
    Texas
    Longitude
    -95.278
    Latitude
    29.3921
    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
    2024
    $2,580
    $11,150
    $91,960
    $103,110
    -
    $11,150
    $91,960
    $103,110

    Comparable in this City

    • Value Estimation
      $3,095,000
      27,600 SF

      3795 Fm 528th Rd

      WAREHOUSE, STORAGE • 27,600 SF
      3795 Fm 528th Rd, Alvin, TX 77511-9566
      View Details
    • Value Estimation by Request
      1,056 SF

      1417 Victory Ln

      WAREHOUSE, STORAGE • 1,056 SF
      1417 Victory Ln, Alvin, TX 77511
      View Details
    • Value Estimation
      $615,000
      6,000 SF

      774 Fm 517th Rd

      WAREHOUSE, STORAGE • 6,000 SF
      774 Fm 517th Rd, Alvin, TX 77511-1619
      View Details
    • Value Estimation by Request
      4,000 SF

      18090 Hwy 35

      WAREHOUSE, STORAGE • 4,000 SF
      18090 Hwy 35, Alvin, TX 77511-1407
      View Details
    • Value Estimation by Request
      4,488 SF

      2151 Clifford St

      WAREHOUSE, STORAGE • 4,488 SF
      2151 Clifford St, Alvin, TX 77511-9565
      View Details
    • Value Estimation by Request
      3,000 SF

      10498 County Rd 190

      WAREHOUSE, STORAGE • 3,000 SF
      10498 County Rd 190, Alvin, TX 77511-2897
      View Details

    Similar Nearby for Sale

    • $875,000
      3,240 SF

      Highway 6 Warehouse Opportunity

      3,240 SF warehouse on 4.26 acres in Alvin, TX.
      3790 Highway 6 E, Alvin, TX 77511
      View Details
    • $349,900

      Modern Warehouse with Office Space

      New 3,000 sq ft warehouse with office on 3+ acres.
      19650 Webb Rd, Alvin, TX 77511
      View Details
    • $1,050,000

      Commercial Property on Highway 6

      3.2 acres on Highway 6 near major retailers.
      3610 Highway 6 E, Alvin, TX 77511
      View Details
    • Contact for pricing

      Unrestricted Acreage with Existing Improvements

      6.16 acres near Hwy 35, suitable for various uses.
      609 County Road 351, Alvin, TX 77511
      View Details
    • $349,000

      Versatile Metal Building on FM 2403

      1-acre property with metal building near future Highway 99.
      6907 Fm 2403 Rd, Alvin, TX 77511
      View Details

    Similar Nearby for Lease

    • $7,250 /Mo

      Versatile Flex Space in Alvin

      Flex property suitable for industrial, storage, retail, and office uses.
      1618 Callaway Dr, Alvin, TX 77511
      View Details
    • $12 SF/Yr
      6,000 SF

      New Flex Warehouse in Alvin

      Newly built, customizable flex warehouse space in Alvin, Texas.
      4102 Fm 517 Rd, Alvin, TX 77511
      View Details
    • Contact for pricing

      Highland Square Shopping Center Space

      Retail space available in Kroger-anchored shopping center.
      3100 Tx-35, Alvin, TX 77511
      View Details
    • $0.36 SF/Yr

      Prime Commercial Land For Lease

      1.432-acre commercial lot in Alvin's growing corridor for lease.
      9630 Fm 1462 Rd, Alvin, TX 77511
      View Details
    • New
      $6 SF/Yr
      2,400 SF

      Retail Space in Alvin, Texas

      Retail property available for lease in Alvin, Texas.
      1913 S Gordon St, Alvin, TX 77511
      View Details
    • Contact for pricing

      Harbor Freight Anchored Retail Center

      Retail space for lease in Alvin Shopping Center.
      1200-1232 Fm 1462 Rd, Alvin, TX 77511
      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.
    3375 Fm 1462nd Rd
    Alvin, TX 77511-0273
    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!