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

    5912 Mt Houston Rd Houston, TX 77050-5432

    • Commercial real estate
    • 3.50 lot acres
    OFF-MARKET
    Last Sale
    Oct 16, 2023
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4293599
    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

    • Commercial real estate

    Property Details for 5912 Mt Houston Rd

    Lot size
    3.50 lot acres
    Property type
    Commercial real estate
    APN
    410730000057
    APU
    410730000057

    Description

    This exceptional 3.5-acre commercial land parcel, located at 5912 E Mount Houston Rd, Houston, TX 77016, presents a compelling investment opportunity. The property encompasses 152,460 square feet and boasts 275 feet of frontage on East Mount Houston Road, ensuring high visibility and accessibility. Currently generating income through the leasing of space to approximately 80 eighteen-wheelers at a rate of $200 per truck per month, this property offers a steady revenue stream. Utilities are readily available on-site. The property's current use as a secure storage lot for large trucks demonstrates its suitability for various commercial applications. Its strategic location in a rapidly developing area of Harris County makes it ideal for continued operation as a storage facility or for future development projects. The asking price for this exceptional property is $2,500,000. This represents a significant opportunity to acquire a substantial commercial land holding in a prime Houston location with existing income potential and considerable future development possibilities. The property's size, location, and current income stream combine to create a compelling investment proposition.

    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
    -95.3023
    Latitude
    29.8903
    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
    $6,955
    $533,610
    $74,487
    $608,097
    -
    $533,610
    $74,487
    $608,097

    Comparable in this City

    • Value Estimation by Request

      6001 Mt Houston Rd

      COMMERCIAL (GENERAL)
      6001 Mt Houston Rd, Houston, TX 77050-5433
      View Details
    • Value Estimation by Request
      14.19 Acres

      7818 Mt Houston Rd

      COMMERCIAL (GENERAL) • 14.19 Acres
      7818 Mt Houston Rd, Houston, TX 77050-5732
      View Details
    • Value Estimation by Request
      6.32 Acres

      6341 Mt Houston Rd Trlr, Unit 78

      COMMERCIAL (GENERAL) • 6.32 Acres
      6341 Mt Houston Rd Trlr, Houston, TX 77050-5518
      View Details
    • Value Estimation by Request
      0.25 Acres

      11800 Hirsch Rd

      COMMERCIAL (GENERAL) • 0.25 Acres
      11800 Hirsch Rd, Houston, TX 77050-5402
      View Details
    • Value Estimation by Request
      11.19 Acres

      9230 Winfield Rd

      Land • 11.19 Acres
      9230 Winfield Rd, Houston, TX 77050
      View Details
    • Value Estimation by Request
      5.27 Acres

      Homestead Rd

      Industrial properties • 5.27 Acres
      0 Homestead Rd, Houston, TX 77050
      View Details

    Similar Nearby for Sale

    • $1,700,000

      Houston Suburban Heights Land Available

      Nearly 10 acres for commercial or residential use.
      7818 E Mount Houston Rd, Houston, TX 77050
      View Details
    • $2,175,000

      Multi-Income Property in Northeast Houston

      Versatile property with multifamily, office, and mechanic shop.
      6820 Winfield Rd, Houston, TX 77050
      View Details
    • $290,752

      2.11 Acre Land Tract

      2.11-acre tract of land available for sale.
      12500 Frazier River Dr, Houston, TX 77050
      View Details
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    5912 Mt Houston Rd
    Houston, TX 77050-5432
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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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