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

    6600 Hornwood Dr Houston, TX 77074

    • Office buildings
    • 37,560 SF
    • 4.45 lot acres
    OFF-MARKET
    Value Estimations
    $3,520,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-1076811
    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

    • Polos pools & spas / General Contractor

    Property Details for 6600 Hornwood Dr

    Year built
    1973
    Construction
    BRICK
    Lot size
    4.45 lot acres
    Property size
    37,560 SF
    Property type
    Office buildings
    APN
    930490000013
    APU
    930490000013

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,856,000
      Market price range: $228k - $2.86M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $5,475,000
      COMMERCIAL (GENERAL)
      $3,505,000
      RESTAURANT
      $3,415,000
      AUTO REPAIR, GARAGE
      $2,810,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.4997
    Latitude
    29.7095
    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
    $35,376
    $1,549,592
    $2,579,595
    $4,129,187
    -
    $1,549,592
    $2,579,595
    $4,129,187

    Comparable in this City

    • Value Estimation
      $3,215,000
      142,885 SF

      9494 Swsw Fwy

      SKYSCRAPER/HIGH-RISE (COM OFFICES) • 142,885 SF
      9494 Swsw Fwy, Houston, TX 77074-1419
      View Details
    • Value Estimation
      $2,165,000
      138,352 SF

      8303 Swsw Fwy

      SKYSCRAPER/HIGH-RISE (COM OFFICES) • 138,352 SF
      8303 Swsw Fwy, Houston, TX 77074-1600
      View Details
    • Value Estimation
      $605,000
      15,890 SF

      6565 Rookin St

      OFFICE BUILDING • 15,890 SF
      6565 Rookin St, Houston, TX 77074-5013
      View Details
    • Value Estimation by Request
      2,480 SF

      9231 Alberene Dr

      OFFICE BUILDING • 2,480 SF
      9231 Alberene Dr, Houston, TX 77074-1301
      View Details
    • Value Estimation by Request
      4,844 SF

      6804 Bintliff Dr

      OFFICE BUILDING • 4,844 SF
      6804 Bintliff Dr, Houston, TX 77074-3516
      View Details
    • Value Estimation by Request
      1,998 SF

      8191 Swsw Fwy Ste, Unit 102

      OFFICE BUILDING • 1,998 SF
      8191 Swsw Fwy Ste, Houston, TX 77074-1700
      View Details

    Similar Nearby for Sale

    • $395,000
      1,584 SF

      Functional Office Condo on Bellaire

      1,584 SF office condo suitable for medical or professional services.
      6910 Bellaire Blvd, Houston, TX 77074
      View Details
    • Contact for pricing
      6.89 Acres

      6.89 Acres SW Freeway Land

      Houston Commercial Land - Prime Location
      6767 Southwest Fwy, Houston, TX 77074
      View Details
    • $119,900

      Houston Condo in Gated Community

      Condo with convenient access to major highways and amenities.
      8918 Bissonnet St, Houston, TX 77074
      View Details
    • Contact for pricing
      38,579 SF

      Retail Property on Southwest Freeway

      Retail property with frontage on Highway 59 South.
      9884 Southwest Fwy, Houston, TX 77074
      View Details
    • $94,000

      Condo in Sharpstown, Houston

      2-bedroom condo in Sharpstown near HWY 59 and Galleria.
      8110 Albacore Dr, Houston, TX 77074
      View Details
    • $110,000

      Spacious Condo Near University Stadium

      Two-bedroom, two-bath condo with stadium view, appliances included.
      7213 Beechnut St, Houston, TX 77074
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      834,175 SF

      Arena Towers: Houston Office Space

      Class B office space, multiple configurations available.
      7322-7324 Southwest Fwy, Houston, TX 77074
      View Details
    • Contact for pricing

      Southwest Freeway

      Entire center
      6671 Southwest Fwy, Houston, TX 77074
      View Details
    • $690,000
      2,746 SF

      Mixed-Use Building on Maple Street

      Commercial/residential building suitable for business or live-work.
      6009 Maple St, Houston, TX 77074
      View Details
    • Contact for pricing
      1,368 SF

      Office Space Available For Rent

      Office space for rent featuring reception and multiple offices.
      7322 Southwest Fwy, Houston, TX 77074
      View Details
    • $4 SF/Yr
      5,226 SF

      Houston Office Space for Lease

      Flexible Workspaces in Prime Location
      6671 Southwest Fwy, Houston, TX 77074
      View Details
    • Contact for pricing
      471 SF

      Office Space on Southwest Freeway

      Office space available for rent on Southwest Freeway, Houston.
      7324 Southwest Fwy, Houston, TX 77074
      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.
    6600 Hornwood Dr
    Houston, TX 77074
    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.