Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    3575 12th St Houston, TX 77008-6005
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3575 12th St Houston, TX 77008-6005

    View on Map
    • Warehouses
    • 32,984 SF
    • 1.68 lot acres
    Off-Market
    Property ID
    US82-0263379
    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
    $795,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Corr Tech Inc. / Industrial Manufacturer / Big Box & Wholesale Store
    • Magnatex Pumps Inc / Building Supply
    • Air Energy Houston / Production Facility / Construction Company

    Property Details for 3575 12th St

    Year built
    1965
    Construction
    STONE
    Lot size
    1.68 lot acres
    Property size
    32,984 SF
    Property type
    Warehouses
    APN
    440820030107
    APU
    440820030107

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $650,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $944,000
      Market price range: $840k - $3.79M

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.4431
    Latitude
    29.791
    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
    $45,778
    $1,096,995
    $1,211,504
    $2,308,499
    -
    $1,096,995
    $1,211,504
    $2,308,499

    Comparable in this City

    • Value Estimation by Request
      3,025 SF

      841 20th St

      WAREHOUSE, STORAGE • 3,025 SF
      841 20th St, Houston, TX 77008-3509
      View Details
    • Value Estimation
      $1,645,000
      24,740 SF

      1215 Seamist Dr

      WAREHOUSE, STORAGE • 24,740 SF
      1215 Seamist Dr, Houston, TX 77008-6145
      View Details
    • Value Estimation
      $1,060,000
      9,707 SF

      1616 Bevis St

      WAREHOUSE, STORAGE • 9,707 SF
      1616 Bevis St, Houston, TX 77008-3456
      View Details
    • Value Estimation
      $670,000
      5,880 SF

      1308 Waverly St

      WAREHOUSE, STORAGE • 5,880 SF
      1308 Waverly St, Houston, TX 77008-4108
      View Details
    • Value Estimation by Request
      1,344 SF

      3228 Maxroy St

      WAREHOUSE, STORAGE • 1,344 SF
      3228 Maxroy St, Houston, TX 77008-6223
      View Details
    • Value Estimation
      $1,000,000
      47,952 SF

      6817 Wynnwood Ln

      WAREHOUSE, STORAGE • 47,952 SF
      6817 Wynnwood Ln, Houston, TX 77008-5023
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      77,000 SF

      Houston Warehouse Space Available

      77,000 square foot warehouse space in Houston, Texas.
      Ella Blvd, Houston, TX 77008
      View Details
    • Contact for pricing
      5,412 SF

      Houston Industrial Property For Sale

      5,412 SF industrial property available in Houston, Texas.
      1111 E 11Th St, Houston, TX 77008
      View Details
    • $425,000

      Houston Heights Land Opportunity

      Land in Houston Heights, ideal for building or development.
      804 W 27Th St, Houston, TX 77008
      View Details
    • $759,000

      Houston Residential Property for Sale

      Residential property with a 2,851 SF house in Houston.
      1335 S Yale St, Houston, TX 77008
      View Details
    • Contact for pricing

      Development Opportunity Near Townhomes

      8.36 acre development opportunity off T.C. Jester.
      6101 Eureka St, Houston, TX 77008
      View Details
    • Contact for pricing
      31,000 SF

      Inner Loop Land for Redevelopment

      Prime land tract suitable for redevelopment or owner-operator.
      8101 Hempstead Rd, Houston, TX 77008
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Creative Retail and Restaurant Space

      Adaptive reuse of industrial warehouses into retail and restaurant spaces.
      718 W 18Th St, Houston, TX 77008
      View Details
    • Contact for pricing
      39,430 SF

      Houston Warehouse and Office Space

      Office/warehouse space with excellent access to major thoroughfares.
      2301-2399 Minimax St, Houston, TX 77008
      View Details
    • Contact for pricing

      Warehouse with Office For Lease

      Warehouse with office space available for lease in Houston.
      6880 Wynnwood Ln, Houston, TX 77008
      View Details
    • Sponsored
      Contact for pricing

      TX, West Houston - North Loop Freeway

      Workspaces, services and support to help you work better in John Hancock Center
      1111 Loop Fwy, Houston, TX 77008
      View Details
    • Contact for pricing

      Adaptable Commercial Space in Houston

      Highly visible commercial property in Houston's growing Heights/Near Northside corridor.
      1601 N Shepherd Dr, Houston, TX 77008
      View Details
    • Contact for pricing

      Built-Out Hair Salon Space

      Second generation hair salon available for rent.
      1955 W T C Jester Blvd, Houston, TX 77008
      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.
    3575 12th St
    Houston, TX 77008-6005
    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!