Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    9205 Lockwood Dr Houston, TX 77016-4526
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    9205 Lockwood Dr Houston, TX 77016-4526

    View on Map
    • Warehouses
    • 2,760 SF
    • 0.40 lot acres
    Off-Market
    Property ID
    US82-4971067
    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

    • Victor's Auto Repair / Auto Repair Shop

    Property Details for 9205 Lockwood Dr

    Year built
    1972
    Construction
    METAL FRAME
    Lot size
    0.40 lot acres
    Property size
    2,760 SF
    Property type
    Warehouses
    APN
    731790000237
    APU
    731790000237

    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
    -95.3195
    Latitude
    29.8452
    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
    2023
    $4,121
    $56,355
    $129,616
    $185,971
    -
    $56,355
    $129,616
    $185,971

    Comparable in this City

    • Value Estimation
      $2,495,000
      20,300 SF

      10930 Lucerne St

      WAREHOUSE, STORAGE • 20,300 SF
      10930 Lucerne St, Houston, TX 77016
      View Details
    • Value Estimation
      $1,250,000
      10,000 SF

      7010 Furay Rd

      WAREHOUSE, STORAGE • 10,000 SF
      7010 Furay Rd, Houston, TX 77016-1508
      View Details
    • Value Estimation by Request
      3,600 SF

      5807 Little York Rd

      WAREHOUSE, STORAGE • 3,600 SF
      5807 Little York Rd, Houston, TX 77016-2505
      View Details
    • Value Estimation by Request
      3,554 SF

      11001 Homestead Rd

      WAREHOUSE, STORAGE • 3,554 SF
      11001 Homestead Rd, Houston, TX 77016-1905
      View Details
    • Value Estimation by Request
      1,600 SF

      11425 Homestead Rd

      WAREHOUSE, STORAGE • 1,600 SF
      11425 Homestead Rd, Houston, TX 77016-1742
      View Details
    • Value Estimation by Request
      5,800 SF

      11000 Hirsch Rd

      WAREHOUSE, STORAGE • 5,800 SF
      11000 Hirsch Rd, Houston, TX 77016
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      21,276 SF

      Beltway 8 Frontage Warehouse/Office

      21,276 SF warehouse/office with Beltway 8 frontage.
      3367 N Sam Houston St West, Houston, TX 77016
      View Details
    • Contact for pricing
      128,188 SF

      New Industrial Warehouse For Sale

      New construction warehouse with concrete tiltwall, estimated completion Q1 2025.
      S Sam Houston St E, Houston, TX 77016
      View Details
    • Contact for pricing

      Langley Road Commercial Opportunity

      Commercial land with retail and warehouse potential in Houston.
      5409 Langley Rd, Houston, TX 77016
      View Details
    • Contact for pricing
      2,058 SF

      Retail Space Available

      Retail space with 2,058 square feet available for sale.
      9424 Homestead Rd, Houston, TX 77016
      View Details
    • Contact for pricing
      2,772 SF

      8711 Westcott Rd, Houston, TX 77016

      Duplexes • 2,772 SF
      8711 Westcott Rd, Houston, TX 77016
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      55,640 SF

      Houston Warehouse with Beltway Access

      55,640 SF warehouse with direct Beltway 8 access.
      3330 S Sam Houston St E, Houston, TX 77016
      View Details
    • Contact for pricing
      1,270 SF

      Houston Flex Space For Rent

      Flex space available for lease in Houston, Texas.
      6999 Little York Rd, Houston, TX 77016
      View Details
    • Contact for pricing
      1,200 SF

      Houston Flex Space For Rent

      Flex space available for lease in Houston, Texas.
      6989 Little York Rd, Houston, TX 77016
      View Details
    • Contact for pricing

      Premier Houston Business Park Location

      Located in Generation Park, a master-planned business environment.
      10055 Lockwood Dr, Houston, TX 77016
      View Details
    • Contact for pricing

      Commercial Space For Lease

      Commercial space available for lease in Houston, TX 77016.
      5005 E Crosstimbers St, Houston, TX 77016
      View Details
    • Contact for pricing
      12,000 SF

      Retail Space in Houston Center

      Retail space available in a regional power center.
      5858 N Sam Houston St, Houston, TX 77016
      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.
    9205 Lockwood Dr
    Houston, TX 77016-4526
    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!