Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8511 Scott St Houston, TX 77051-2573

    Property Lookup

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

    8511 Scott St Houston, TX 77051-2573

    View on Map
    • Strip malls
    • 7,700 SF
    • 0.48 lot acres
    Off-Market
    Property ID
    US83-1611176
    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

    • Lush Factory #1 swimwear plug LLC / Swimwear Store / Clothing Store
    • Isa African Hair Braiding / Hair Salon
    • Metro by T-Mobile / Mobile Phone Store / Electronics & Wireless Store
    • Farmers Insurance - Isaac Okwusogu / Insurance Agency
    • Canoi Realtors / Real Estate Agency

    Property Details for 8511 Scott St

    Year built
    2012
    Construction
    STEEL FRAME
    Lot size
    0.48 lot acres
    Property size
    7,700 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    1316810010001
    APU
    1316810010001

    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
    -95.3679
    Latitude
    29.669
    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
    2020
    $18,116
    $442,829
    $817,712
    $1,260,541
    -
    $442,829
    $817,712
    $1,260,541

    Comparable in this City

    • Value Estimation by Request
      13,840 SF

      4101 Reed Rd

      SHOPPING CENTER, STRIP CENTER • 13,840 SF
      4101 Reed Rd, Houston, TX 77051-2711
      View Details
    • Value Estimation
      $1,120,000
      77,432 SF

      9400 Cullen Blvd

      SHOPPING CENTER, STRIP CENTER • 77,432 SF
      9400 Cullen Blvd, Houston, TX 77051-3321
      View Details
    • Value Estimation by Request
      11,900 SF

      9441 Cullen Blvd

      SHOPPING CENTER, STRIP CENTER • 11,900 SF
      9441 Cullen Blvd, Houston, TX 77051-3388
      View Details
    • Value Estimation
      $595,000
      18,503 SF

      9505 Scott St

      SHOPPING CENTER, STRIP CENTER • 18,503 SF
      9505 Scott St, Houston, TX 77051-3355
      View Details
    • Value Estimation by Request
      18,500 SF

      7439 Cullen Blvd

      SHOPPING CENTER, STRIP CENTER • 18,500 SF
      7439 Cullen Blvd, Houston, TX 77051-1713
      View Details
    • Value Estimation
      $1,590,000
      11,808 SF

      8316 Cullen Blvd

      WHOLESALE OUTLET, DISCOUNT STORE • 11,808 SF
      8316 Cullen Blvd, Houston, TX 77051-2020
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Retail Space on Scott Street

      Retail property with 5,000 SF building on 13,000 SF land.
      9123 Scott St, Houston, TX 77051
      View Details
    • $299,000

      Unrestricted Land Near Houston Hubs

      0.8014 acre unrestricted commercial land with high visibility.
      4306 Holmes Rd, Houston, TX 77051
      View Details
    • $85,900

      Commercial Lot in Sunnyside, Houston

      Cleared commercial lot ready for development in high-traffic area.
      8524 Scott St, Houston, TX 77051
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in Cullen Plaza

      Retail space with high visibility and ample parking.
      9400-9438 Cullen Blvd, Houston, TX 77051
      View Details
    • Contact for pricing

      Corner Lot Mechanic Shop

      24,000 Sq Ft lot near downtown Houston.
      8901 Brandon St, Houston, TX 77051
      View Details
    • Contact for pricing
      790,966 SF

      Lonestar Logistics Park: Houston Warehouse

      Class A Warehouse Space Available in Houston, TX
      2304 Reed Rd, Houston, TX 77051
      View Details
    • Contact for pricing
      91,125 SF

      Office/Warehouse Space Available for Lease

      Class A office/warehouse with easy highway access.
      2710 Reed Rd, Houston, TX 77051
      View Details
    • Contact for pricing
      46,800 SF

      Class A Office Space Available

      Class A office space with easy highway access and parking.
      2730 Reed Rd, Houston, TX 77051
      View Details
    • Contact for pricing
      193,838 SF

      Office/Warehouse Space Available For Lease

      Class A office/warehouse space with storefront entry and abundant parking.
      9254 Park South Vw, Houston, TX 77051
      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.
    8511 Scott St
    Houston, TX 77051-2573
    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.
    Sign Up Successful!
    You now have access to more from Realmo!