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

    6154 Belarbor St Houston, TX 77033

    • Commercial real estate
    For Sale
    View listing
    $99,500
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-8484746
    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 6154 Belarbor St

    Property type
    Commercial real estate

    Description

    This exceptional 7,254 square foot lot presents a unique investment opportunity in Houston, Texas. Located at 6154 Belarbor Street, in the 77033 zip code, this property offers both commercial and residential potential, situated in Harris County. The zoning for this property is currently unknown, requiring further due diligence from prospective buyers. A key feature is its frontage on Mykawa, providing excellent visibility and accessibility. The location boasts high traffic volume, placing it conveniently just south of the Texas Medical Center, a significant advantage for potential development. While specific restrictions on the property are currently undetermined, this land parcel presents a compelling opportunity for developers or investors seeking a strategically located site in a high-demand area. The asking price for this property is $89,500. Prospective buyers are encouraged to conduct their own independent investigation into zoning regulations and potential development restrictions before making an offer. This prime location offers significant potential for future growth and return on investment. The coordinates for this property are 29.66495 latitude and -95.318129 longitude.

    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
    -95.318129
    Latitude
    29.66495

    Comparable in this City

    • $585,000

      New Construction Duplex in Sunnyside

      New construction duplex, ready October 2025, ideal for investors.
      9005 Noel St, Houston, TX 77033
      View Details
    • $480,000

      Houston Duplex with Two Units

      Duplex featuring two units, each with 3 beds and 2 baths.
      5214 Rue St, Houston, TX 77033
      View Details
    • $425,000

      New Construction Duplex Near Medical Center

      Modern duplex with designer finishes, ideal for investors or owner-occupants.
      8201 Calhoun St, Houston, TX 77033
      View Details
    • $265,000

      Houston Duplex Investment Opportunity

      Remodeled duplex in Houston's inner loop, tenant occupied.
      8142 Herschelwood St, Houston, TX 77033
      View Details
    • $629,000

      New Construction Duplex in Houston

      New construction duplex with modern finishes, ideal for investors.
      5000 Higgins St, Houston, TX 77033
      View Details
    • $496,000

      Sunnyside Gardens Duplex Investment Opportunity

      Practically new duplex ideal for Airbnb or rental portfolio.
      4909 Higgins St, Houston, TX 77033
      View Details

    Similar Nearby for Sale

    • $579,000

      New Construction Duplex in Sunnyside

      New duplex in Sunnyside, ready October 2025, ideal for investors.
      9007 Noel A And B St, Houston, TX 77033
      View Details
    • $529,990

      Modern Duplex Near Universities

      Duplex near University of Houston and Texas Southern University.
      8107 Calhoun Rd, Houston, TX 77033
      View Details
    • $195,000

      Corner Unit in Gated Community

      Two-bedroom corner unit with attached garage in gated community.
      5941 South Loop E 104, Houston, TX 77033
      View Details
    • $585,000

      New Construction Duplex in Sunnyside

      New construction duplex, ready October 2025, ideal for investors.
      9005 Noel St, Houston, TX 77033
      View Details
    • $480,000

      Houston Duplex with Two Units

      Duplex featuring two units, each with 3 beds and 2 baths.
      5214 Rue St, Houston, TX 77033
      View Details
    • $425,000

      New Construction Duplex Near Medical Center

      Modern duplex with designer finishes, ideal for investors or owner-occupants.
      8201 Calhoun St, Houston, TX 77033
      View Details

    Similar Nearby for Lease

    • $1,400 /Mo
      900 SF

      Updated Two-Bedroom Unit in Sunnyside

      Modern two-bedroom unit with stainless appliances, near Medical Center.
      4735 Redbud St, Houston, TX 77033
      View Details
    • $1,600 /Mo

      New Three-Bedroom Duplex Unit

      New 3-bedroom, 2.5-bath duplex unit near Medical Centre.
      5602 Hirondel St, Houston, TX 77033
      View Details
    • Contact for pricing

      Houston Land: Calhoun Rd Opportunity

      Prime 0.5-acre commercial lot in Houston.
      8303 Calhoun Rd, Houston, TX 77033
      View Details
    • $19 SF/Yr
      5,236 SF

      Retail Space on Martin Luther

      Retail space available for lease on Martin Luther King.
      7506 Martin Luther King Blvd, Houston, TX 77033
      View Details
    • Contact for pricing
      119,805 SF

      New Class A Distribution Facility

      New 119,805 SF distribution facility for lease in South Houston.
      5415 South Loop E, Houston, TX 77033
      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.
    6154 Belarbor St
    Houston, TX 77033
    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.