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

    4300 Town Center Pl Humble, TX 77339

    • Strip malls
    • 18,368 SF
    • 0.76 lot acres
    For Lease
    View listing
    $20 SF/Yr
    Value Estimations
    $580,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2653501
    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

    • Chachi's Mexican Restaurant / Mexican Restaurant

    Property Details for 4300 Town Center Pl

    Year built
    1993
    Construction
    BRICK
    Lot size
    0.76 lot acres
    Property size
    18,368 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    1176020010006
    APU
    1176020010006

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $550,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $612,000
      Market price range: $334k - $619k

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $495,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Humble
    County
    Harris
    State
    Texas
    Longitude
    -95.1858
    Latitude
    30.0481
    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
    2020
    $37,089
    $496,905
    $3,254,955
    $3,751,860
    -
    $496,905
    $3,254,955
    $3,751,860

    Comparable in this City

    • Value Estimation
      $670,000
      36,940 SF

      3059 Woodland Hls Dr

      SHOPPING CENTER, STRIP CENTER • 36,940 SF
      3059 Woodland Hls Dr, Kingwood, TX 77339-1403
      View Details
    • Value Estimation
      $370,000
      20,989 SF

      4445 Kingwood Dr

      SHOPPING CENTER, STRIP CENTER • 20,989 SF
      4445 Kingwood Dr, Humble, TX 77339-3701
      View Details
    • Value Estimation
      $535,000
      19,704 SF

      4003 Rustic Woods Dr

      SHOPPING CENTER, STRIP CENTER • 19,704 SF
      4003 Rustic Woods Dr, Humble, TX 77339-2612
      View Details
    • Value Estimation
      $185,000
      31,098 SF

      2213 Northpark Dr

      SHOPPING CENTER, STRIP CENTER • 31,098 SF
      2213 Northpark Dr, Humble, TX 77339-1744
      View Details
    • Value Estimation
      $735,000
      26,076 SF

      1450 Kingwood Dr

      SHOPPING CENTER, STRIP CENTER • 26,076 SF
      1450 Kingwood Dr, Kingwood, TX 77339-3040
      View Details
    • Value Estimation
      $450,000
      15,224 SF

      9 Main St

      SHOPPING CENTER, STRIP CENTER • 15,224 SF
      9 Main St, Kingwood, TX 77339-3710
      View Details

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      Kingwood Freestanding Restaurant Building

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      Kingwood Retail Building For Sale

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    • Contact for pricing
      3.50 Acres

      Houston Commercial Land - 3.5 Acres

      Prime Houston commercial land, ideal for development.
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      6.20 Acres

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      Prime Houston commercial land, excellent location.
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    Similar Nearby for Lease

    • $25 SF/Yr
      18,477 SF

      1387 Kingwood Dr

      Lifestyle centers
      1387 Kingwood Dr, Houston, TX 77339
      View Details
    • Contact for pricing
      3,491 SF

      Retail Spaces on Kingwood Drive

      Retail spaces available for rent in Humble, Texas.
      1522 Kingwood Dr, Humble, TX 77339
      View Details
    • $24 SF/Yr
      48,484 SF

      Kings Crossing Town Center Investment

      Upscale Kingwood retail & office space. Multiple suites available.
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      View Details
    • Contact for pricing
      7,881 SF

      Kingwood Place Retail Center

      HEB-anchored retail space available
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    • $19 SF/Yr
      22,610 SF

      Loop 494 Retail Center

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    • $30 SF/Yr
      21,927 SF

      Kingwood Office & Retail Space

      Prime Kingwood location, flexible suites available
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      View Details
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    4300 Town Center Pl
    Humble, TX 77339
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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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