Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    4624 Allum Rd Houston, TX 77045-2202
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4624 Allum Rd Houston, TX 77045-2202

    View on Map
    • Investment properties
    • 1,684 SF
    • 1.00 lot acres
    Off-Market
    Property ID
    US82-3002869
    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

    • Mozelle Kennels / Pet Grooming Service

    Property Details for 4624 Allum Rd

    Year built
    1939
    Lot size
    1.00 lot acres
    Property size
    1,684 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    642420010037
    APU
    642420010037

    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
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.4489
    Latitude
    29.6416
    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
    $1,854
    $108,900
    $89,884
    $198,784
    -
    $108,900
    $89,884
    $198,784

    Comparable in this City

    • Value Estimation by Request
      1,330 SF

      2710 Knotty Oaks Trl

      OFFICE/RESIDENTIAL (MIXED USE) • 1,330 SF
      2710 Knotty Oaks Trl, Houston, TX 77045-4715
      View Details
    • Value Estimation by Request
      1,487 SF

      3418 Ebbtide Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 1,487 SF
      3418 Ebbtide Dr, Houston, TX 77045-4514
      View Details
    • Value Estimation by Request
      968 SF

      4631 Allum Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 968 SF
      4631 Allum Rd, Houston, TX 77045-2201
      View Details
    • Value Estimation by Request
      1,973 SF

      13034 Fadeway Ln

      OFFICE/RESIDENTIAL (MIXED USE) • 1,973 SF
      13034 Fadeway Ln, Houston, TX 77045-3012
      View Details
    • Value Estimation by Request
      1,822 SF

      5318 Gln Rio St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,822 SF
      5318 Gln Rio St, Houston, TX 77045-5020
      View Details
    • Value Estimation by Request
      1,567 SF

      14318 Hiram Clarke Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,567 SF
      14318 Hiram Clarke Rd, Houston, TX 77045-6225
      View Details

    Similar Nearby for Sale

    • $450,000

      Cleared Vacant Lot Near Houston

      Expansive cleared lot near Medical Center and Downtown Houston.
      5441 Simsbrook Dr, Houston, TX 77045
      View Details
    • $1,850,000
      8,000 SF

      Versatile 8,000 SF Multi-Purpose Building

      Adaptable commercial building suitable for various professional and commercial uses.
      12921 S Post Oak Rd, Houston, TX 77045
      View Details
    • Contact for pricing

      Prime Commercial Land on Airport

      1.58 acre commercial land with high traffic frontage.
      11900 Almeda Rd, Houston, TX 77045
      View Details
    • Contact for pricing

      Cambridge Village Multifamily Investment Opportunity

      Multifamily property near Houston's major employment centers.
      12945 South Post Oak Rd, Houston, TX 77045
      View Details
    • Contact for pricing
      1,456 SF

      Auto Service Station For Sale

      Auto service station with redevelopment potential in Houston, TX.
      3420 W Fuqua St, Houston, TX 77045
      View Details
    • Contact for pricing
      3,368 SF

      Equipped Commercial Property on Orem

      Turn-key commercial property ideal for automotive, service, or retail.
      5123 W Orem Dr, Houston, TX 77045
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Available For Lease

      Retail space for lease at 13602 S Post Oak Rd.
      13602 S Post Oak Rd, Houston, TX 77045
      View Details
    • Contact for pricing

      Houston Retail Strip Center Space

      Retail space available in Houston's Southview Center.
      13815 S Post Oak Rd, Houston, TX 77045
      View Details
    • Contact for pricing

      Commercial Land Ground Lease Opportunity

      Commercial land available for ground lease with expansion potential.
      12230 Almeda Rd, Houston, TX 77045
      View Details
    • Contact for pricing
      2,812 SF

      Restaurant with Drive-Thru Available

      Second generation restaurant with drive-thru, available for sublease.
      13602 S Post Oak Rd, Houston, TX 77045
      View Details
    • Contact for pricing
      1,220 SF

      Retail Center on Almeda Road

      29,667 SF retail center with easy access and visibility.
      13312 Almeda Rd, Houston, TX 77045
      View Details
    • Contact for pricing
      2,812 SF

      Commercial Space Available for Rent

      2812 sqft commercial space for rent in Houston, TX
      13602 South Post Oak Rd, Houston, TX 77045
      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.
    4624 Allum Rd
    Houston, TX 77045-2202
    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.
    Sign Up Successful!
    You now have access to more from Realmo!