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

    6336 Fairdale Ln Houston, TX 77057-5202

    • Warehouses
    • 31,365 SF
    • 5.45 lot acres
    OFF-MARKET
    Value Estimations
    $2,730,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2375300
    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

    • Public Storage / Storage Facility / Self-Storage Facility

    Property Details for 6336 Fairdale Ln

    Year built
    1974
    Construction
    CONCRETE BLOCKS
    Lot size
    5.45 lot acres
    Property size
    31,365 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    460980000065
    APU
    460980000065

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,640,000
      Market price range: $933k - $2.64M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,760,000
      Current use
      COMMERCIAL (GENERAL)
      $3,510,000
      Change: +100% Conversion: Difficult
      RESTAURANT
      $2,565,000
      Change: +46% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $2,500,000
      Change: +42% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.4958
    Latitude
    29.7341
    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
    $179,066
    $3,214,566
    $5,620,443
    $8,835,009
    -
    $3,214,566
    $5,620,443
    $8,835,009

    Comparable in this City

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      MINI-WAREHOUSE, STORAGE • 16,000 SF
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    • Value Estimation by Request
      4,176 SF

      5854 San Felipe St

      MINI-WAREHOUSE, STORAGE • 4,176 SF
      5854 San Felipe St, Houston, TX 77057-3072
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    • Value Estimation by Request
      2,217 SF

      2305 Voss Rd, Unit 552

      MINI-WAREHOUSE, STORAGE • 2,217 SF
      2305 Voss Rd, Houston, TX 77057-3807
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    • Value Estimation
      $16,905,000
      222,300 SF

      2101 Voss Rd

      MINI-WAREHOUSE, STORAGE • 222,300 SF
      2101 Voss Rd, Houston, TX 77057-3803
      View Details
    • Value Estimation
      $3,005,000
      35,557 SF

      6040 Westpark Dr

      MINI-WAREHOUSE, STORAGE • 35,557 SF
      6040 Westpark Dr, Houston, TX 77057-7533
      View Details
    • Value Estimation
      $1,195,000
      26,244 SF

      6050 Swsw Fwy

      WAREHOUSE, STORAGE • 26,244 SF
      6050 Swsw Fwy, Houston, TX 77057-7514
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.00 Acre

      Galleria Area Industrial Property

      1-Acre lot, 43,573 SF, 3 buildings
      6209 Skyline Dr, Houston, TX 77057
      View Details
    • $2,200,000

      Prime Redevelopment Opportunity Near Galleria

      One-acre property with flex space near Galleria and major freeways.
      6010 Fairdale Ln, Houston, TX 77057
      View Details
    • Contact for pricing
      2.74 Acres

      Richmond Ave. Retail Opportunity

      Galleria Area, High-Traffic Retail Space
      5800 Richmond Ave, Houston, TX 77057
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    • Contact for pricing
      2.30 Acres

      Galleria Area Development Land

      2.3 Acres, Prime Houston Location
      6111 Richmond Ave, Houston, TX 77057
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    • $220,000
      1,177 SF

      Tanglewood Adjacent Condo with Garage

      Spacious 2 bed, 2 bath condo with attached 2-car garage.
      1201 Bering Dr, Houston, TX 77057
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      Updated Condo with Modern Comfort

      Updated 2-bedroom, 1.5-bath condo with modern finishes and amenities.
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    Similar Nearby for Lease

    • $9 SF/Yr
      10,000 SF

      Accessible Warehouse Near Galleria, Houston

      Warehouse with great access to Galleria, Harwin, Bellaire, and freeways.
      6100 Skyline Dr, Houston, TX 77057
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    • Contact for pricing
      69,370 SF

      Skyline Southwest Warehouse Space

      Galleria-area warehouse; 24,000 sq ft available.
      6100 Skyline Dr, Houston, TX 77057
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    • Contact for pricing
      200 SF

      Houston Commercial Kitchen Space

      Prime Ghost Kitchen: 250 sq ft, Harris County.
      5832 Fairdale Ln, Houston, TX 77057
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    • $45 SF/Yr
      6,047 SF

      Houston Retail Space Available

      Prime San Felipe Shopping Center Space
      6363 San Felipe St, Houston, TX 77057
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    • $2,025 /Mo
      154,290 SF

      Furnished Office Space Available

      Fully-furnished office space with amenities in Houston, TX.
      5718 Westheimer Rd, Houston, TX 77057
      View Details
    • Contact for pricing
      2,333 SF

      Functional Office Suites For Rent

      Office suites with functional layouts and excellent natural light.
      6116 Skyline Dr, Houston, TX 77057
      View Details
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    6336 Fairdale Ln
    Houston, TX 77057-5202
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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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