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

    7710 Harms Rd Houston, TX 77041-2123

    • Office buildings
    • 1,884 SF
    • 1.00 lot acres
    OFF-MARKET
    Last Sale
    Jun 28, 2021
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2660385
    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

    • Prime Horizontal, Inc. / Building Supply

    Property Details for 7710 Harms Rd

    Year built
    1987
    Construction
    BRICK
    Lot size
    1.00 lot acres
    Property size
    1,884 SF
    Property type
    Office buildings
    APN
    640160010156
    APU
    640160010156

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.5989
    Latitude
    29.8899
    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
    $4,082
    $218,850
    $363,593
    $582,443
    -
    $218,850
    $363,593
    $582,443

    Comparable in this City

    • Value Estimation by Request
      6,000 SF

      12210 Taylor Rd

      OFFICE BUILDING • 6,000 SF
      12210 Taylor Rd, Houston, TX 77041-1226
      View Details
    • Value Estimation
      $515,000
      31,056 SF

      11150 Equity Dr

      OFFICE BUILDING • 31,056 SF
      11150 Equity Dr, Houston, TX 77041-8216
      View Details
    • Value Estimation
      $1,265,000
      114,696 SF

      6390 Eldridge Pkwy

      OFFICE BUILDING • 114,696 SF
      6390 Eldridge Pkwy, Houston, TX 77041-3504
      View Details
    • Value Estimation by Request
      4,050 SF

      6942 Satsuma Dr

      OFFICE BUILDING • 4,050 SF
      6942 Satsuma Dr, Houston, TX 77041-2712
      View Details
    • Value Estimation by Request
      13,284 SF

      11000 Brittmoore Park Dr

      OFFICE BUILDING • 13,284 SF
      11000 Brittmoore Park Dr, Houston, TX 77041-6937
      View Details
    • Value Estimation by Request
      1,300 SF

      6500 Calle Lozano Dr

      OFFICE BUILDING • 1,300 SF
      6500 Calle Lozano Dr, Houston, TX 77041-2571
      View Details

    Similar Nearby for Sale

    • 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
    • $3,800,000
      44,740 SF

      Tanner Office Building: Houston Investment

      44,740 SF Office/Warehouse, Vacant
      11302 Tanner Rd, Houston, TX 77041
      View Details
    • $1,300,000
      8,329 SF

      Northwest Houston Office/Warehouse Space

      8,329 SF office/warehouse with access to Hwy 290.
      13462 Fm 529 Rd, Houston, TX 77041
      View Details
    • $3,000,000
      23,365 SF

      West Road Office Building Investment

      Houston Office Building - Value-Add Opportunity
      14025 West Rd, Houston, TX 77041
      View Details
    • Contact for pricing
      20,200 SF

      Houston Industrial Property For Sale

      20,200 SF Office/Warehouse in Houston, TX
      11050 Little York, Houston, TX 77041
      View Details
    • Contact for pricing
      12,000 SF

      Northwest Corridor Flex Space

      12,000 SF flex space in Northwest Corridor available for sale.
      5617 Campbell Rd, Houston, TX 77041
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      20,200 SF

      Houston Industrial/Office Space For Lease

      20,200 SF, Single Tenant, High-Power
      11050 Little York, 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
    • $18 SF/Yr
      34,427 SF

      Westway Park Office Space Available

      Office space available for lease in Westway Park.
      4920 Westway Park Blvd, Houston, TX 77041
      View Details
    • Contact for pricing
      36,648 SF

      Houston Beltway 8 Flex Space

      Prime Houston flex space, 5,000+ SF available.
      5821 Sam Houston Pkwy, Houston, TX 77041
      View Details
    • $18 SF/Yr
      4,500 SF

      Gessner Plaza Office Suites

      Move-in ready Houston office space.
      5030 Gessner Rd, Houston, TX 77041
      View Details
    • Contact for pricing
      42,869 SF

      Houston Warehouse - 43,000 SF

      Prime Houston Distribution Space Available
      5400 Sam Houston Pkwy, 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.
    7710 Harms Rd
    Houston, TX 77041-2123
    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.