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

    7676 Eldridge Pkwy Houston, TX 77041

    • Specialty properties
    • 1,333 SF
    • 1.44 lot acres
    OFF-MARKET
    Value Estimations
    $265,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2031189
    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

    • Specialty properties

    Property Details for 7676 Eldridge Pkwy

    Year built
    1995
    Construction
    FRAME
    Lot size
    1.44 lot acres
    Property size
    1,333 SF
    Property type
    Specialty properties
    APN
    1157050110025
    APU
    1157050110025

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $310,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $220,000
      Market price range: $70.9k - $252k

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.6223
    Latitude
    29.6936
    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
    $1.00
    $188,712
    $50
    $188,762
    -
    $188,712
    $50
    $188,762

    Comparable in this City

    • Value Estimation
      $340,000
      8,217 SF

      Catalina Spgs Dr

      PROFESSIONAL CLUBS/ASSOCIATIONS • 8,217 SF
      Catalina Spgs Dr, Houston, TX 77041
      View Details
    • Value Estimation
      $265,000
      1,736 SF

      12929 Eldridge Pl Dr

      PROFESSIONAL CLUBS/ASSOCIATIONS • 1,736 SF
      12929 Eldridge Pl Dr, Houston, TX 77041
      View Details
    • Value Estimation
      $215,000
      1,628 SF

      14000 Smokey Trl Dr

      PROFESSIONAL CLUBS/ASSOCIATIONS • 1,628 SF
      14000 Smokey Trl Dr, Houston, TX 77041
      View Details
    • Value Estimation
      $305,000
      6,360 SF

      12750 Lk Ctr Run Ct

      PROFESSIONAL CLUBS/ASSOCIATIONS • 6,360 SF
      12750 Lk Ctr Run Ct, Houston, TX 77041
      View Details
    • Value Estimation
      $285,000
      3,901 SF

      13200 Twin Lks Blvd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 3,901 SF
      13200 Twin Lks Blvd, Houston, TX 77041
      View Details
    • Value Estimation
      $285,000
      2,288 SF

      12310 Sonora Cyn Ln

      PROFESSIONAL CLUBS/ASSOCIATIONS • 2,288 SF
      12310 Sonora Cyn Ln, Houston, TX 77041
      View Details

    Similar Nearby for Sale

    • $1,698,000
      5,220 SF

      Houston Auto Shop - Turnkey Business

      Prime location, high-traffic, move-in ready.
      6259 Eldridge Pkwy, Houston, TX 77041
      View Details
    • $4,500,000
      12,000 SF

      Houston Investment Opportunity

      NNN leased auto shop with corporate guarantee.
      4545 S Sam Houston Pkwy E, Houston, TX 77041
      View Details
    • Contact for pricing
      5.50 Acres

      Eldridge Parkway Commercial Land

      5.5 Acres, Prime Houston Location
      6802 Eldridge Pkwy, Houston, TX 77041
      View Details
    • Contact for pricing
      1,680 SF

      Houston Warehouse Space For Sale/Lease

      New Construction Warehouse, Flexible Sizes
      7439 Wright Rd, Houston, TX 77041
      View Details
    • Contact for pricing
      142,000 SF

      Houston Industrial Manufacturing Campus

      Prime industrial campus in Houston's Northwest Inner Loop submarket.
      9450 West Wingfoot Rd, Houston, TX 77041
      View Details
    • Contact for pricing
      4,730 SF

      Northwest Houston Office/Flex Opportunity

      Office/flex space on 0.75 acres with excellent visibility.
      11370 Brittmoore Park Dr, Houston, TX 77041
      View Details

    Similar Nearby for Lease

    • $6 SF/Yr
      160,460 SF

      Beltway Industrial Park: Flex Space Available

      Multi-tenant industrial space for lease. Prime Harris County location.
      11875 Cunningham Ave, Houston, TX 77041
      View Details
    • Contact for pricing
      31,363 SF

      Tanner Road Industrial Land Parcel

      0.72-acre stabilized industrial lot.
      5799 Thomas Rd, Houston, TX 77041
      View Details
    • Contact for pricing
      35,500 SF

      Houston Flex Warehouse For Lease

      35,500 SF Flex Space Available
      8640 Eldridge Pkwy, Houston, TX 77041
      View Details
    • Contact for pricing
      72,000 SF

      Houston Warehouse Space Available

      72,000 SF Industrial Warehouse, 12,000 SF Vacant
      5850 Cunningham Rd, Houston, TX 77041
      View Details
    • Contact for pricing
      12,000 SF

      Houston Warehouse: 12,000 SF

      Modern warehouse, 12,000 sq ft, Houston.
      5617 Campbell Rd, Houston, TX 77041
      View Details
    • $17 SF/Yr
      8,026 SF

      Office Space Sublease Opportunity

      Available office space for sublease with potential for up to 222 employees.
      4700 W Sam Houston Pkwy N, Houston, TX 77041
      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.
    7676 Eldridge Pkwy
    Houston, TX 77041
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.