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Property profile & analytics
FOR LEASE
Strip malls
8650 N Sam Houston Pkwy E Humble, TX 77396
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-4184588
For Lease
1 / 5
Contact for pricing
8650 N Sam Houston Pkwy E, Humble, TX 77396
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Property summary
AI-generated overview
This exceptional 29,890-square-foot retail strip center, built in 2007, is ideally situated at the corner of North Sam Houston Parkway East and Bellows Falls Lane in Humble, Harris County. The property boasts a prime location with high visibility and accessibility. Currently, the center houses a diverse mix of established tenants including Godfathers Pizza, Remax, the Davis Karate School, and Glo Beauty Bar, demonstrating strong tenant occupancy and a thriving retail environment. Three spaces are currently available, ranging from 1,655 to 1,980 square feet, presenting a unique opportunity for expansion or new business ventures. The center's modern design and convenient location make it an attractive option for a variety of retail uses. This property offers a solid investment opportunity in a rapidly growing area with significant potential for future growth and increased rental income. The property's strong tenant base and prime location make it a highly desirable investment. Interested parties are encouraged to review the aerial map for a comprehensive view of the property's location and surrounding area.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2007
Construction
STEEL FRAME
Total area
33,235 SF
Lot
2.74 ac (119,293 SF)
APN
1291010010001
UPID
US82-4184588
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
colonnade of fall creek Business Service Center Corporate Office
-
Cherry Creek Mortgage, LLC - Humble, TX Loan Service Bank
-
4 Gents Bar & Pub Nightclub
-
Jasmine Davenport, REALTOR Real Estate Agency
-
Toyia Chenevert, The TCH Group at RE/MAX Universal Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.06M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$671k
Blend (final)
Blend
$860k
Owner & transaction history
Colonnade Of Fall Creek Group LP · 11 yrs held
Colonnade Of Fall Creek Group LP
since 2014
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Humble submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Humble submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$1,055,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$815,000
Current use
Blend value · Realmo final
$860k
Range $774k – $946k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$26 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$34,480
Tax year 2022
Assessed value
$4,301,094
Assessed 2024
Previous assessed
$4,201,543
+2.4% YoY
Effective rate
0.80%
On assessed value
Assessed land
$2,385,860
Assessed improvement
$1,915,234
Land market value
$2,385,860
Improvement market value
$1,915,234
Total market value
$4,301,094
Applied tax rate
18.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
2007
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Total area
33,235 SF
Lot
2.74 ac (119,293 SF)
APN
1291010010001
UPID
US82-4184588
Jurisdiction
HARRIS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$815,000
NEIGHBORHOOD: SHOPPING CENTER Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Buildings
1
Lot
2.74 ac
Current owner
From public records · entity-resolved
Colonnade Of Fall Creek Group LP
Entity
Mailing address
9993 W INTERSTATE 10TH STE #102, SAN ANTONIO, TX 78230-2222
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2021
—
Colonnade Of Fall Crk Grp LP
—
Deed
related
$2,568,925 · Citizens Bk
Sep 24, 2014
—
Colonnade Of Fall Creek Group LP
Allied Kilgore Holdings LLC
Grant Deed
$3,074,500 · Citizens Bk
Jan 7, 2014
—
Allied Kilgore Holdings LLC
Smith Michael J
Trustees Deed
related
—
—
—
Colonnade Of Fall Crk Grp LP
—
Loan Modification
related
$2,568,925 · Citizens Bk
—
—
Village Park Place Ltd
—
Deed Of Trust
related
$3,000,000 · Citizens Federal Bank Fsb
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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