Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    440 66th St Houston, TX 77011-4504

    • Distribution centers
    • 64,541 SF
    • 2.84 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3385508
    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

    • Distribution centers

    Property Details for 440 66th St

    Year built
    1953
    Construction
    STEEL FRAME
    Lot size
    2.84 lot acres
    Property size
    64,541 SF
    Property type
    Distribution centers
    APN
    761650000007
    APU
    761650000007

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.3129
    Latitude
    29.7332
    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
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      22,440 SF

      7020 Avenue C

      Distribution properties • 22,440 SF
      7020 Avenue C, Houston, TX 77011
      View Details
    • Value Estimation by Request
      39,750 SF

      5803 Navigation Blvd

      DISTRIBUTION WAREHOUSE • 39,750 SF
      5803 Navigation Blvd, Houston, TX 77011-1109
      View Details
    • Value Estimation
      $415,000
      49,096 SF

      6602 Supply Row

      DISTRIBUTION WAREHOUSE • 49,096 SF
      6602 Supply Row, Houston, TX 77011-4516
      View Details
    • Value Estimation by Request
      2,100 SF

      6555 Navigation Blvd

      Distribution properties • 2,100 SF
      6555 Navigation Blvd, Houston, TX 77011
      View Details
    • Value Estimation by Request
      21,928 SF

      5601–5603 Navigation Blvd

      Restaurants • 21,928 SF
      0 5601–5603 Navigation Blvd, Houston, TX 77011
      View Details
    • Value Estimation by Request
      175,188 SF

      5900 Canal St

      DISTRIBUTION WAREHOUSE • 175,188 SF
      5900 Canal St, Houston, TX 77011-2320
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      21,600 SF

      Harrisburg Blvd. Industrial Property

      21,600 SF Warehouse, Houston, TX
      6425 Harrisburg Blvd, Houston, TX 77011
      View Details
    • Contact for pricing
      18,706 SF

      Houston Industrial Property: Two Warehouses

      Historic East End warehouses, investment opportunity.
      5711 Navigation Blvd, Houston, TX 77011
      View Details
    • $650,000
      4,704 SF

      Houston Warehouse: $650K Investment

      Vacant Warehouse, 4704 sq ft, prime location
      115 Engel St, Houston, TX 77011
      View Details
    • $650,000
      4,740 SF

      Houston Warehouse with Tall Ceilings

      4,740 SF warehouse featuring tall ceilings and upgraded facilities.
      115 Engel St, Houston, TX 77011
      View Details
    • Contact for pricing
      19,880 SF

      Manufacturing Facility Between Major Texas Cities

      Manufacturing facility with office space and outbuildings on 19.38 acres.
      6626 Capitol St, Houston, TX 77011
      View Details
    • Contact for pricing
      39,136 SF

      Industrial Property with Multiple Buildings

      Industrial property featuring three buildings and ample parking.
      6517 Harrisburg Blvd, Houston, TX 77011
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      21,343 SF

      Eado Flex Warehouse Spaces

      Three premium industrial spaces, Houston.
      5011 Navigation Blvd, Houston, TX 77011
      View Details
    • Contact for pricing

      Houston Industrial Space Available

      Industrial property for lease in Houston, featuring heavy electrical service.
      6501 Navigation Blvd, Houston, TX 77011
      View Details
    • $9 SF/Yr
      26,476 SF

      Clifton Drive Industrial Space

      26,476 SF Manufacturing Facility - Lease
      418 Clifton St, Houston, TX 77011
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space for Lease

      2500 SF retail space available for lease.
      1310 Wayside Dr, Houston, TX 77011
      View Details
    • $9 SF/Yr
      4,994 SF

      Houston Retail/Office Space For Rent

      Commercial property near Downtown Houston with high visibility and easy access.
      4906 Harrisburg Blvd, Houston, TX 77011
      View Details
    • $7 SF/Yr
      8,866 SF

      Magnolia Social: Prime Office Space

      Versatile Office, Retail, & Event Space
      6402 Harrisburg Blvd, Houston, TX 77011
      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.
    440 66th St
    Houston, TX 77011-4504
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.