Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    510 Sam Houston E Pkwy Houston, TX 77047-6553
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    510 Sam Houston E Pkwy Houston, TX 77047-6553

    View on Map
    • Flex space
    • 73,111 SF
    • 4.71 lot acres
    Off-Market
    Property ID
    US83-2822963
    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
    $1,355,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Shaka Wear / Industrial Manufacturer / Production Facility

    Property Details for 510 Sam Houston E Pkwy

    Year built
    2023
    Lot size
    4.71 lot acres
    Property size
    73,111 SF
    Property type
    Flex space
    APN
    451850000298
    APU
    451850000298

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $875,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,833,000
      Market price range: $977k - $2.68M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,950,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.4227672
    Latitude
    29.9413716
    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
    $1,377,336
    $7,869,960
    $9,247,296
    -
    $1,377,336
    $7,869,960
    $9,247,296

    Comparable in this City

    • Value Estimation by Request

      14626 Almeda School Rd

      Flex space
      14626 Almeda School Rd, Houston, TX 77047
      View Details
    • Value Estimation
      $615,000
      22,750 SF

      32 Southbelt Industrial Dr

      LIGHT INDUSTRIAL • 22,750 SF
      32 Southbelt Industrial Dr, Houston, TX 77047-7010
      View Details
    • Value Estimation
      $905,000
      31,530 SF

      155 Southbelt Industrial Dr

      LIGHT INDUSTRIAL • 31,530 SF
      155 Southbelt Industrial Dr, Houston, TX 77047-7020
      View Details
    • Value Estimation
      $915,000
      63,875 SF

      3715 Sam Houston E Pkwy

      LIGHT INDUSTRIAL • 63,875 SF
      3715 Sam Houston E Pkwy, Houston, TX 77047-6800
      View Details
    • Value Estimation
      $585,000
      30,156 SF

      2323 Sam Houston E Pkwy

      LIGHT INDUSTRIAL • 30,156 SF
      2323 Sam Houston E Pkwy, Houston, TX 77047-2098
      View Details
    • Value Estimation by Request
      13,000 SF

      14800 Jersey Shr Dr

      LIGHT INDUSTRIAL • 13,000 SF
      14800 Jersey Shr Dr, Houston, TX 77047-7024
      View Details

    Similar Nearby for Sale

    • $3,672,000
      27,200 SF

      Crane Served Manufacturing IOS Yard

      Manufacturing property with crane and IOS yard, near Beltway 8.
      150 Carrie St, Houston, TX 77047
      View Details
    • Contact for pricing
      41,440 SF

      Crane-Ready Industrial Property

      Industrial property with crane-ready features, delivering Q4 2025.
      6 White Rd, Houston, TX 77047
      View Details
    • $2,300,000

      Versatile Property with Development Potential

      Land with house, metal building, suitable for various uses.
      4147 Fuqua St, Houston, TX 77047
      View Details
    • $2,000,000
      6,000 SF

      6,000 SF Warehouse on Acres

      6,000 SF warehouse on 2.26 acres available for sale.
      10702 Cullen Blvd, Houston, TX 77047
      View Details
    • Contact for pricing
      5,500 SF

      Industrial Site with Covered Parking

      2.04 AC site with office and covered parking.
      11510 Cullen Blvd, Houston, TX 77047
      View Details
    • Contact for pricing
      57,280 SF

      Industrial Warehouse For Sale

      New construction warehouse with rear load configuration, estimated completion Q2 2026.
      1730 Fellows Rd, Houston, TX 77047
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      213,425 SF

      Kirby288 Industrial Space Available

      213,425 SF industrial space with Q2 2026 delivery.
      12150 Kirby Dr, Houston, TX 77047
      View Details
    • Contact for pricing
      282,272 SF

      Spacious Cross-Dock Warehouse Available

      282,272 SF warehouse with cross-dock loading and ample parking.
      13814 Cullen Blvd, Houston, TX 77047
      View Details
    • Contact for pricing

      Office and Industrial Space Available

      Office and industrial spaces for lease in Houston, Texas.
      14649 Levey Ln, Houston, TX 77047
      View Details
    • Contact for pricing

      Spacious Warehouse with Ample Parking

      82,560 SF warehouse featuring 32' clear height and extensive parking.
      14649 Almeda School Rd, Houston, TX 77047
      View Details
    • Contact for pricing

      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
      2,750 SF

      Commercial Space Available for Rent

      2750 sqft commercial space for rent in Houston, TX.
      3503 South Sam Houston Pkwy East, Houston, TX 77047
      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.
    510 Sam Houston E Pkwy
    Houston, TX 77047-6553
    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!