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    3820 Atascocita Rd Humble, TX 77396
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    Property profile & analytics

    3820 Atascocita Rd Humble, TX 77396

    View on Map
    • Strip malls
    • 69,054 SF
    • 7.21 lot acres
    For Lease
    $655,000
    View Listing →
    Retail Space for Lease For Lease
    $655,000

    Retail Space for Lease

    Retail space available for lease at 3820 Atascocita Road.

    3820 Atascocita Road, Humble, TX 77396
    View Listing
    Property ID
    US83-3729646
    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
    $655,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Kroger / Grocery & Convenience Store / Food Market
    • Kroger Floral / (Bike/Boat/Book/etc) Store / Florist
    • Coinstar Kiosk | Bitcoin ATM / Atm / Currency Exchange Service
    • Kroger Fuel Center / Gas Station
    • KeyMe Locksmiths / Locksmith / (Bike/Boat/Book/etc) Store

    Property Details for 3820 Atascocita Rd

    Year built
    2003
    Construction
    STEEL FRAME
    Lot size
    7.21 lot acres
    Property size
    69,054 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    1240650010001
    APU
    1240650010001

    Description

    This exceptional retail property, Atascocita Shopping Center, presents a unique leasing opportunity in the thriving Humble, Texas market. Located at 3820 Atascocita Road, 77396, this Harris County shopping center boasts a total of 96,104 square feet of retail space. Currently, a single, sizable suite encompassing 2,625 square feet is available for lease, presenting a fantastic chance for a business seeking a prominent location within an established center. The property's strategic placement in Humble offers excellent visibility and accessibility, ensuring high foot traffic and potential customer reach. The "Atascocita Shopping Center" designation provides immediate brand recognition and a sense of established community presence. This single-suite vacancy within a larger, well-maintained shopping center offers a turnkey solution for businesses looking to establish or expand their operations in a bustling area. The property's size and location make it ideal for a variety of retail uses, providing ample space for a diverse range of businesses to thrive. The property is classified as a commercial shopping center with multiple tenancies, indicating a vibrant and active retail environment. This is an exceptional opportunity to secure a prime retail space in a high-demand location. Interested parties are encouraged to inquire further to explore this promising investment.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $400,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $916,000
      Market price range: $900k - $2.33M

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

    Location Insight

    • Map
    • Local Demand
    City
    Humble
    County
    Harris
    State
    Texas
    Longitude
    -95.2154
    Latitude
    29.9792
    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
    $43,785
    $1,728,227
    $4,141,032
    $5,869,259
    -
    $1,728,227
    $4,141,032
    $5,869,259

    Comparable in this City

    • Value Estimation
      $860,000
      33,235 SF

      8650 Sam Houston E Pkwy

      SHOPPING CENTER, STRIP CENTER • 33,235 SF
      8650 Sam Houston E Pkwy, Humble, TX 77396-4589
      View Details
    • Value Estimation by Request
      14,535 SF

      9025 Sam Houston E Pkwy

      SHOPPING CENTER, STRIP CENTER • 14,535 SF
      9025 Sam Houston E Pkwy, Humble, TX 77396-4399
      View Details
    • Value Estimation by Request
      10,962 SF

      14707 Hwy 59th N

      SHOPPING CENTER, STRIP CENTER • 10,962 SF
      14707 Hwy 59th N, Humble, TX 77396-3206
      View Details
    • Value Estimation by Request
      12,504 SF

      11501 Sam Houston E Pkwy

      SHOPPING CENTER, STRIP CENTER • 12,504 SF
      11501 Sam Houston E Pkwy, Humble, TX 77396-4635
      View Details
    • Value Estimation by Request
      7,778 SF

      9635 Sam Houston E Pkwy

      SHOPPING CENTER, STRIP CENTER • 7,778 SF
      9635 Sam Houston E Pkwy, Humble, TX 77396-4751
      View Details
    • Value Estimation by Request
      10,763 SF

      8049 Sam Houston E Pkwy

      SHOPPING CENTER, STRIP CENTER • 10,763 SF
      8049 Sam Houston E Pkwy, Humble, TX 77396
      View Details

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      Established Foot Golf Course on 28 Acres

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      Unrestricted Land with Excellent Frontage

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      19,652 SF

      Humble Freestanding Commercial Building For Sale

      Freestanding commercial building with frontage on Beltway 8.
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      2,100 SF

      Humble Retail Space For Sale

      Retail property across from Walmart Supercenter, anchored by Enterprise Rental.
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    Similar Nearby for Lease

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      Retail Center in Humble, Texas

      29,890 SF retail center built in 2007.
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      1,520 SF

      Retail Space Near Humble High

      Retail space in front of Humble High School for lease.
      1701 Wilson Road Ct, Humble, TX 77396
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      Retail Space For Rent

      Retail space available for lease in Humble, Texas.
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      Retail Space for Lease

      Retail space available for lease at 3820 Atascocita Road.
      3820 Atascocita Rd, Humble, TX 77396
      View Details
    • Contact for pricing

      Mixed-Use Development at The Bend

      Mixed-use development with dining, entertainment, and residential spaces.
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      Retail Space For Lease

      Retail space available for lease on Beltway 8 East.
      9504 N Sam Houston Pkwy E, Humble, TX 77396
      View Details
    View Listing
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    Humble, TX 77396
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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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