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

    3500 Garth Rd Baytown, TX 77521-3812

    • Grocery and convenience stores
    • 88,936 SF
    • 9.02 lot acres
    OFF-MARKET
    Value Estimations
    $2,375,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2491111
    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

    • T T Jewelry & Watch Repair / (Bike/Boat/Book/etc) Store
    • CERCA DENTAL / Dental Office
    • A-MAX Auto Insurance / Financial Advisor / Insurance Agency
    • First Convenience Bank / Bank / Loan Service
    • Cellular & More (Inside Joe V's Smart Shop Baytown) / Electronics & Wireless Store

    Property Details for 3500 Garth Rd

    Year built
    1992
    Construction
    CONCRETE BLOCKS
    Lot size
    9.02 lot acres
    Property size
    88,936 SF
    Property type
    Grocery and convenience stores
    APN
    451440020195
    APU
    451440020195

    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
    Baytown
    County
    Harris
    State
    Texas
    Longitude
    -94.9756
    Latitude
    29.7603
    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
    2022
    $47,887
    $3,144,856
    $5,937,263
    $9,082,119
    -
    $3,144,856
    $5,937,263
    $9,082,119

    Comparable in this City

    • Value Estimation
      $10,080,000
      116,317 SF

      6430 Garth Rd

      GROCERY, SUPERMARKET • 116,317 SF
      6430 Garth Rd, Baytown, TX 77521-9638
      View Details
    • Value Estimation
      $4,650,000
      135,102 SF

      6315 Garth Rd

      GROCERY, SUPERMARKET • 135,102 SF
      6315 Garth Rd, Baytown, TX 77521-9686
      View Details
    • Value Estimation by Request
      5,814 SF

      4919 Main St

      CONVENIENCE STORE (W/FUEL PUMP) • 5,814 SF
      4919 Main St, Baytown, TX 77521-2336
      View Details
    • Value Estimation
      $1,060,000
      39,531 SF

      3002 Baker Rd, Unit 1

      GROCERY, SUPERMARKET • 39,531 SF
      3002 Baker Rd, Baytown, TX 77521-2068
      View Details
    • Value Estimation
      $1,365,000
      59,476 SF

      3517 Main St

      GROCERY, SUPERMARKET • 59,476 SF
      3517 Main St, Baytown, TX 77521-4117
      View Details
    • Value Estimation by Request
      7,780 SF

      2121 Baker Rd

      CONVENIENCE STORE (W/FUEL PUMP) • 7,780 SF
      2121 Baker Rd, Baytown, TX 77521-2431
      View Details

    Similar Nearby for Sale

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      4,658 SF

      Baytown Showroom and Office Space

      Meticulously maintained showroom and office space on 2 acres.
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      Retail Center Shares Aldi Access

      Retail center in high-traffic Houston suburb with diverse tenant mix.
      5623 Garth Rd, Baytown, TX 77521
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    • $1,300,000
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      Prime Baytown location, versatile space.
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      Baytown Automotive Sales Facility Available

      Former car dealership location on I-10 in Baytown, Texas.
      4221 East Fwy, Baytown, TX 77521
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    • Contact for pricing
      1.54 Acres

      Baytown Retail Center: Prime Location

      1.54 Acres, Shell Condition, High Visibility
      3320 Main St, Baytown, TX 77521
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    Similar Nearby for Lease

    • Contact for pricing
      2,002 SF

      Retail Space on Baker Road

      Retail space available for lease in Baytown, Texas.
      407 Baker Rd, Baytown, TX 77521
      View Details
    • $24 SF/Yr
      2,700 SF

      Baytown Retail Space for Lease

      High-traffic retail space, two units available.
      4349 Main St, Baytown, TX 77521
      View Details
    • Contact for pricing
      44,000 SF

      Retail Space in Baytown Commons

      Retail space for lease in Conn's anchored shopping center.
      5010 Garth Rd, Baytown, TX 77521
      View Details
    • Contact for pricing
      4,937 SF

      Baytown Retail Space Available

      Retail space available for lease in Baytown, Texas.
      4553 Garth Rd, Baytown, TX 77521
      View Details
    • $24 SF/Yr
      23,862 SF

      Baytown Retail Center - Prime Location

      High-traffic strip center with 5,790 SF available.
      7599 Garth Rd, Baytown, TX 77521
      View Details
    • Contact for pricing
      104,883 SF

      Retail Space in Baytown Center

      Retail space available in a busy, anchored shopping center.
      4553 Garth Rd, Baytown, TX 77521
      View Details
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    3500 Garth Rd
    Baytown, TX 77521-3812
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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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