Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7009 Gregdale Rd Houston, TX 77049
    Back to Search
    Property profile & analytics

    7009 Gregdale Rd, Houston, TX 77049

    View on Map
    • Commercial real estate
    • 3.00 lot acres
    Off-Market
    Property ID
    US82-2047381
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 7009 Gregdale Rd

    Lot size
    3.00 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 3-acre commercial property boasts ±15,750 square feet of buildable space and offers unparalleled versatility. Located in Houston, Texas, at 7009 Gregdale Rd, in Harris County, zip code 77049, this unrestricted land presents a unique opportunity for diverse development. The property features approximately 150 feet of frontage on Gregdale Road, providing excellent visibility and accessibility. Its strategic location offers easy access to Highway 90 and Beltway 8, ensuring seamless connectivity throughout the Houston metropolitan area. The site includes a 2.5-acre stabilized yard, and a fully fenced perimeter enhances security. A pre-existing structure, formerly used as a custom office space, is also present on the property. A security system is already in place, adding to the property's overall value and security features. This property is zoned for commercial, industrial, and residential uses, making it an attractive investment for a wide range of developers and businesses. The combination of size, location, and zoning makes this a truly exceptional opportunity in the thriving Houston market.

    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
    -95.2122275
    Latitude
    29.8278379

    Comparable in this City

    • Contact for pricing
      605,484 SF

      Houston Ship Channel Industrial Opportunity

      13.9-acre industrial site near Port of Houston.
      15134 Beaumont Hwy, Houston, TX 77049
      View Details
    • Contact for pricing
      1,600 SF

      Prime Industrial Retail Space Available

      5.75-acre industrial and retail space with secure operations.
      8325 Miller Road 2, Houston, TX 77049
      View Details
    • Contact for pricing

      Established Mini Storage Facility For Sale

      Mini storage facility with 80 units, office, and apartment.
      14528 Wallisville Rd, Houston, TX 77049
      View Details
    • $125,000

      Land with Redevelopment Potential

      Expansive lot with existing structure awaiting transformation.
      12914 Gladden Dr, Houston, TX 77049
      View Details
    • $310,000

      Commercial Land with High Visibility

      Spacious land tract with frontage, visibility, and easy access.
      16119 Moore Rd, Houston, TX 77049
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      605,484 SF

      Houston Ship Channel Industrial Opportunity

      13.9-acre industrial site near Port of Houston.
      15134 Beaumont Hwy, Houston, TX 77049
      View Details
    • Contact for pricing
      1,600 SF

      Prime Industrial Retail Space Available

      5.75-acre industrial and retail space with secure operations.
      8325 Miller Road 2, Houston, TX 77049
      View Details
    • Contact for pricing

      Established Mini Storage Facility For Sale

      Mini storage facility with 80 units, office, and apartment.
      14528 Wallisville Rd, Houston, TX 77049
      View Details
    • $125,000

      Land with Redevelopment Potential

      Expansive lot with existing structure awaiting transformation.
      12914 Gladden Dr, Houston, TX 77049
      View Details
    • $310,000

      Commercial Land with High Visibility

      Spacious land tract with frontage, visibility, and easy access.
      16119 Moore Rd, Houston, TX 77049
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Land with Mobile Office

      4-acre industrial property with frontage on Hwy 90.
      20218 Crosby Fwy, Houston, TX 77049
      View Details
    • Contact for pricing

      NorthPoint 90 Logistics Center

      Class A business park in Northeast Houston for lease.
      13220 Crosby Fwy, Houston, TX 77049
      View Details
    • Contact for pricing
      5,000 SF

      Houston Flex Space with Warehouse

      Flex space featuring office and warehouse components in Houston, TX.
      5821 W Sam Houston Pkwy N, Houston, TX 77049
      View Details
    • Contact for pricing
      711,000 SF

      Northeast Houston Logistics Center

      Class A distribution and warehouse space available for lease.
      US-90 Frontage, Houston, TX 77049
      View Details
    • Contact for pricing
      21 SF

      Land Available For Lease

      Land available for lease in Houston, Texas.
      15406 Beaumont Hwy, Houston, TX 77049
      View Details
    • Contact for pricing

      Industrial Outdoor Storage Land Available

      Industrial outdoor storage sites available for lease in Houston, Texas.
      9393 Sheldon Rd, Houston, TX 77049
      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.
    7009 Gregdale Rd
    Houston, TX 77049
    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

    Thank You for Inquiry
    7009 Gregdale Rd, Houston, TX, 77049
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!