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    6421 43rd St Houston, TX 77092-4005

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    6421 43rd St Houston, TX 77092-4005

    View on Map
    • Community centers
    • 157,533 SF
    • 14.53 lot acres
    Off-Market
    Property ID
    US82-2447669
    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
    $2,030,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Smile Club Dentistry / Dental Office
    • Dr. Arnold Nguyen / Dental Office
    • Dr. Pukar Rajbhandari / Dental Office
    • Ian Sport / Dental Office

    Property Details for 6421 43rd St

    Year built
    1994
    Construction
    STEEL FRAME
    Lot size
    14.53 lot acres
    Property size
    157,533 SF
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    432160000234
    APU
    432160000234

    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
    -95.4846
    Latitude
    29.832
    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
    $227,691
    $9,114,898
    $4,163,102
    $13,278,000
    -
    $9,114,898
    $4,163,102
    $13,278,000

    Comparable in this City

    • Value Estimation
      $1,525,000
      69,133 SF

      10921 Nwnw Fwy

      MINI-MALL • 69,133 SF
      10921 Nwnw Fwy, Houston, TX 77092
      View Details
    • Value Estimation
      $2,225,000
      107,669 SF

      4500 Dacoma St

      MINI-MALL • 107,669 SF
      4500 Dacoma St, Houston, TX 77092-8614
      View Details
    • Value Estimation by Request
      184,471 SF

      5264 34Th St

      Lifestyle centers • 184,471 SF
      5264 34Th St, Houston, TX 77092
      View Details
    • Value Estimation by Request
      20,250 SF

      11077 Northwest Fwy

      Shopping malls • 20,250 SF
      11077 Northwest Fwy, Houston, TX 77092
      View Details
    • Value Estimation
      $1,495,000
      59,912 SF

      11031 Nwnw Fwy

      MINI-MALL • 59,912 SF
      11031 Nwnw Fwy, Houston, TX 77092-7311
      View Details
    • Value Estimation
      $1,310,000
      57,146 SF

      5392 34th St

      MINI-MALL • 57,146 SF
      5392 34th St, Houston, TX 77092-6626
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Retail Property For Sale

      Retail property available for purchase.
      10000 Freeway NW, Houston, TX 77092
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    • $1,250,000
      2,296 SF

      Northwest Freeway Showroom/Retail Space

      Freeway visibility, easy access, showroom/office space with mezzanine.
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      Retail Space Available

      Retail property for sale in Houston, Texas.
      2009 Mangum Rd, Houston, TX 77092
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      4,870 SF

      Retail Space For Sale

      Retail space available for purchase, featuring an 8.00% CAP.
      6625 Pinemont Dr, Houston, TX 77092
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    Similar Nearby for Lease

    • Contact for pricing

      Retail Space on Northwest Fwy

      Retail space with high visibility and multiple access points.
      12009 Northwest Fwy, Houston, TX 77092
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    • Contact for pricing

      Retail Center on Antoine Drive

      11,352 SF retail center in Spring Branch area.
      3050 Antoine Dr, Houston, TX 77092
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    • Contact for pricing
      3,720 SF

      Retail Center on Antoine Drive

      Retail center with pylon signage and high traffic volume.
      3050 Antoine Dr, Houston, TX 77092
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      Retail Space on Northwest Freeway

      Retail space in high-traffic Houston location near US 290.
      12101-12151 Northwest Fwy, Houston, TX 77092
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    • Contact for pricing
      2,500 SF

      Retail Space with Pylon Signage

      High-traffic retail space with excellent access and pylon signage.
      12700 Northwest Fwy, Houston, TX 77092
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    • Contact for pricing
      2,836 SF

      Equipped Restaurant Space For Lease

      Second generation restaurant space in Houston's Greater Heights/Oak Forest area.
      3327 Mangum Rd, Houston, TX 77092
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    6421 43rd St
    Houston, TX 77092-4005
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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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