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    8420 Almeda Genoa Rd Houston, TX 77075-2505
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    Property profile & analytics

    8420 Almeda Genoa Rd Houston, TX 77075-2505

    View on Map
    • Strip malls
    • 10,980 SF
    • 0.90 lot acres
    Off-Market
    Property ID
    US82-3734581
    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

    • PATHWAY PERSONAL CARE & EDUCATIONAL SVC / Employment Agency
    • Mountain Top SE Ministries / Association / Organization
    • East Texas BBQ / Bbq Area
    • Beauty.ful One LLC / Hair Salon / Nail Salon

    Property Details for 8420 Almeda Genoa Rd

    Year built
    1984
    Construction
    STEEL FRAME
    Lot size
    0.90 lot acres
    Property size
    10,980 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    772800430017
    APU
    772800430017

    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
    -95.2676
    Latitude
    29.6259
    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
    $4,738
    $273,231
    $641,227
    $914,458
    -
    $273,231
    $641,227
    $914,458

    Comparable in this City

    • Value Estimation
      $630,000
      25,568 SF

      8500 Almeda Genoa Rd

      SHOPPING CENTER, STRIP CENTER • 25,568 SF
      8500 Almeda Genoa Rd, Houston, TX 77075-2223
      View Details
    • Value Estimation
      $930,000
      55,097 SF

      10505 Telephone Rd

      SHOPPING CENTER, STRIP CENTER • 55,097 SF
      10505 Telephone Rd, Houston, TX 77075-3629
      View Details
    • Value Estimation
      $680,000
      23,120 SF

      9715 Telephone Rd

      SHOPPING CENTER, STRIP CENTER • 23,120 SF
      9715 Telephone Rd, Houston, TX 77075-2056
      View Details
    • Value Estimation
      $555,000
      15,339 SF

      9885 Blackhawk Blvd

      SHOPPING CENTER, STRIP CENTER • 15,339 SF
      9885 Blackhawk Blvd, Houston, TX 77075-2247
      View Details
    • Value Estimation
      $805,000
      47,035 SF

      11030 Kingspoint Rd

      SHOPPING CENTER, STRIP CENTER • 47,035 SF
      11030 Kingspoint Rd, Houston, TX 77075-4102
      View Details
    • Value Estimation
      $505,000
      25,020 SF

      10900 Kingspoint Rd

      SHOPPING CENTER, STRIP CENTER • 25,020 SF
      10900 Kingspoint Rd, Houston, TX 77075-4120
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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    • $795,000
      2,240 SF

      Restaurant with Drive-Thru For Sale

      2,240 SF restaurant with drive-thru, renovated in 2020.
      10404 Telephone Rd, Houston, TX 77075
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    • $195,000

      Commercial Land Near Beltway 8

      16,769 sq ft lot near major freeways.
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      6,350 SF

      Houston Retail Investment Opportunity

      Stabilized, income-producing commercial asset in South Houston.
      11023 Telephone Rd, Houston, TX 77075
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    • $775,000

      Almeda Genoa Corner Redevelopment Opportunity

      Two adjacent parcels for redevelopment at Almeda Genoa and Forbes.
      7300 Almeda Genoa Rd, Houston, TX 77075
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Center Near Almeda Mall

      39,037 SF shopping center near redeveloped Almeda Mall.
      10737 Kingspoint Rd, Houston, TX 77075
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    • Contact for pricing

      Retail Space Near Almeda Mall

      Retail property situated as an outparcel to Almeda Mall.
      620 Almeda Mall, Houston, TX 77075
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail spaces available, ranging from 1,400 to 30,000 SqFt.
      10013 Almeda Genoa Rd, Houston, TX 77075
      View Details
    • Contact for pricing
      1,469 SF

      Retail Space For Rent

      Retail space available for lease in Houston, Texas.
      11030 Kingspoint Rd, Houston, TX 77075
      View Details
    • Contact for pricing
      13,008 SF

      Kingspoint Road Warehouse Space Available

      13,008 square foot warehouse space for lease.
      10902 Kingspoint Rd, Houston, TX 77075
      View Details
    • Contact for pricing

      Mosley Road Industrial Property

      Industrial property with stabilized yard and convenient highway access.
      8206 Mosley Rd, Houston, TX 77075
      View Details
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    8420 Almeda Genoa Rd
    Houston, TX 77075-2505
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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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