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

    4001 Mega Energy Dr Houston, TX 77047

    • Strip malls
    • 20,110 SF
    • 1.77 lot acres
    OFF-MARKET
    Value Estimations
    $700,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-5705826
    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

    • Strip malls

    Property Details for 4001 Mega Energy Dr

    Year built
    2012
    Construction
    BRICK
    Lot size
    1.77 lot acres
    Property size
    20,110 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    1321680020009
    APU
    1321680020009

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $640,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $762,000
      Market price range: $369k - $762k

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $555,000
      Current use
      RETAIL STORES
      $1,040,000
      Change: +87% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.3563
    Latitude
    29.5992
    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
    $64,313
    $927,468
    $2,999,935
    $3,927,403
    -
    $927,468
    $2,999,935
    $3,927,403

    Comparable in this City

    • Value Estimation
      $505,000
      13,600 SF

      13306 Cullen Blvd

      SHOPPING CENTER, STRIP CENTER • 13,600 SF
      13306 Cullen Blvd, Houston, TX 77047-3824
      View Details
    • Value Estimation
      $655,000
      20,634 SF

      630 Sam Houston W Pkwy

      SHOPPING CENTER, STRIP CENTER • 20,634 SF
      630 Sam Houston W Pkwy, Houston, TX 77047
      View Details
    • Value Estimation by Request
      10,699 SF

      2915 Sam Houston E Pkwy

      SHOPPING CENTER, STRIP CENTER • 10,699 SF
      2915 Sam Houston E Pkwy, Houston, TX 77047-6510
      View Details
    • Value Estimation by Request
      12,420 SF

      10910 Cullen Blvd

      SHOPPING CENTER, STRIP CENTER • 12,420 SF
      10910 Cullen Blvd, Houston, TX 77047-1159
      View Details
    • Value Estimation
      $580,000
      19,192 SF

      12805 Cullen Blvd

      SHOPPING CENTER, STRIP CENTER • 19,192 SF
      12805 Cullen Blvd, Houston, TX 77047-3759
      View Details
    • Value Estimation
      $645,000
      20,535 SF

      1416 Orem Dr

      SHOPPING CENTER, STRIP CENTER • 20,535 SF
      1416 Orem Dr, Houston, TX 77047-2853
      View Details

    Similar Nearby for Sale

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      2,000 SF

      Retail Property for Sale

      Retail property available for purchase in Houston, Texas.
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    • $1,771,020

      Houston Salvage Yard Opportunity

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      1.07 Acres

      Houston 1 Acre Corner Lot

      Prime 1.07-acre commercial lot, unrestricted.
      13406 Canterwell Rd, Houston, TX 77047
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    • $92,000

      Residential Lot in Murdock Manor

      Residential lot suitable for single-family or duplex construction in Houston.
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      7 Acres Versatile Land Houston

      7 acres of land in a rapidly growing Houston area.
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      41,440 SF

      Crane-Ready Industrial Property

      Industrial property with crane-ready features, delivering Q4 2025.
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    Similar Nearby for Lease

    • $1.08 SF/Yr
      36,857 SF

      Houston Commercial Land Opportunity

      Prime 36,857 sq ft lot, single tenant.
      Houston Tx 77045 Orem Dr, Houston, TX 77047
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      213,425 SF

      Kirby288 Industrial Space Available

      213,425 SF industrial space with Q2 2026 delivery.
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      View Details
    • Contact for pricing

      South Houston Land Opportunity

      3.6 acre site ideal for industrial or residential uses.
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    • $1,850 /Mo
      1,687 SF

      Cozy Home Near Downtown

      Move-in ready 3-bedroom home near freeways, downtown, and medical center.
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      View Details
    • Contact for pricing
      41,450 SF

      Prime Land Along SH 288

      Land available for ground lease or build to suit.
      14290 Cullen Blvd, Houston, TX 77047
      View Details
    • Contact for pricing

      Houston Warehouse Space Available

      Warehouse, industrial, and distribution property available for rent in Houston.
      4897 South Belt Central Dr, Houston, TX 77047
      View Details
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    4001 Mega Energy Dr
    Houston, TX 77047
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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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