Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    40203 Nnw Fwy Waller, TX 77484
    Back to Search
    Property profile & analytics

    40203 Nnw Fwy, Waller, TX 77484

    View on Map
    • Grocery and convenience stores
    • 10,190 SF
    • 1.30 lot acres
    Off-Market
    Property ID
    US82-6277247
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 40203 Nnw Fwy

    Year built
    2010
    Construction
    STEEL FRAME
    Lot size
    1.30 lot acres
    Property type
    Grocery and convenience stores
    APN
    1344990010003
    APU
    1344990010003

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 18, 2020 — Stanbridge Props LLC Allegiance Bk Grant Deed $1.2M · Allegiance Bk
    Jan 7, 2020 $1,900,000 Allegiance Bk Hamilton Jim D|eman Investments LLC Trustees Deed · related —
    Aug 2, 2018 — Eman Investments LLC Saaz Business INC Warranty Deed $1.9M · Allegiance Bk
    Jun 12, 2017 — Saaz Business INC — Deed · related $64k · Texan Bk
    Jan 4, 2017 — Saaz Business INC — Deed · related $275k · Northwest Petroleum LP
    Jul 13, 2015 — Saaz Business INC Pupo Investments INC Warranty Deed $2.1M · Texan Bk
    — — Saaz Business INC — Deed Of Trust · related $50k · Texan Bk
    — — Saaz Business INC — Loan Modification · related $50k · Texan Bk
    — — Saaz Business INC — Deed Of Trust · related $275k · Northwest Petroleum LP
    — — Saaz Business INC — Deed Of Trust · related $64k · Texan Bk

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Waller
    County
    Harris
    State
    Texas
    Longitude
    -95.9199
    Latitude
    30.067
    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
    $10,805
    $283,360
    $1,411,268
    $1,694,628
    -
    $283,360
    $1,411,268
    $1,694,628

    Comparable in this City

    • Value Estimation by Request
      4,581 SF

      30711 Fm 2920th Rd

      CONVENIENCE STORE (W/FUEL PUMP)
      30711 Fm 2920th Rd, Waller, TX 77484-8156
      View Details
    • Value Estimation by Request
      13,815 SF

      31013 Farm To Market 2920

      Individual retail properties
      31013 Farm To Market 2920, Waller, TX 77484
      View Details
    • Value Estimation by Request
      2,880 SF

      1003 Priya Ln

      RETAIL STORES (PERSONAL SERVICES)
      1003 Priya Ln, Waller, TX 77484-2228
      View Details
    • Value Estimation by Request
      9,240 SF

      31414 Fm 2920th Rd

      RETAIL STORES (PERSONAL SERVICES)
      31414 Fm 2920th Rd, Waller, TX 77484-8153
      View Details
    • Value Estimation by Request
      11,004 SF

      31384 Fm 2920th Rd

      FINANCIAL BUILDING
      31384 Fm 2920th Rd, Waller, TX 77484-8098
      View Details
    • Value Estimation
      $545,000
      9,680 SF

      31406 Fm 2920th Rd

      RETAIL STORES (PERSONAL SERVICES)
      31406 Fm 2920th Rd, Waller, TX 77484-8665
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      11,250 SF

      Refurbished Waller Building with Expansion Potential

      Multi-purpose property in downtown Waller with immediate cash flow.
      2302 Main St, Waller, TX 77484
      View Details
    • $1,350,000

      Unrestricted Land Tract For Sale

      14.95 acres of unrestricted land with endless potential.
      18633 Penick Rd, Waller, TX 77484
      View Details
    • $359,900

      Equestrian Oaks Estates Land

      2.855 acre lot with utilities in gated community.
      32007 Meadow View Ln, Waller, TX 77484
      View Details
    • $4,830,000
      3,085 SF

      Country Estate on Pristine Acres

      Elegant country estate on 38.61 acres with ponds.
      30930 Waller Spring Creek Rd, Waller, TX 77484
      View Details
    • Contact for pricing

      Unrestricted Land in Northwest Houston

      12.95 acres ideal for commercial or residential development.
      20510 Kickapoo Rd, Waller, TX 77484
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,589 SF

      New Retail Space Available

      Premium retail suite with open layout in high-traffic area.
      2406 Main St, Waller, TX 77484
      View Details
    • Contact for pricing
      1,646 SF

      Spacious Retail Unit For Lease

      2,806 sq ft retail space with open floor plan.
      31390 Fm 2920 Rd, Waller, TX 77484
      View Details
    • Contact for pricing

      Retail Space in High-Traffic Area

      Retail space with flexible layouts, modern amenities, and ample parking.
      31070 Fm 1488 Rd, Waller, TX 77484
      View Details
    • Contact for pricing

      Retail/Restaurant Space in High-Traffic Area

      1,500 SF retail/restaurant space in Waller, Texas.
      22949 Kickapoo Rd, Waller, TX 77484
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in Waller, Texas.
      17020 Kickapoo Rd, Waller, TX 77484
      View Details
    • Contact for pricing

      Retail Space in FuelMaxx Center

      Retail spaces available in high-traffic FuelMaxx Ship Center.
      17123 Fm 362 Rd, Waller, TX 77484
      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.
    40203 Nnw Fwy
    Waller, TX 77484
    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

    Thank You for Inquiry
    40203 Nnw Fwy, Waller, TX, 77484
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!