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

    9343 Nn E Loop Houston, TX 77029-1225

    • Automotive properties
    • 9,934 SF
    • 4.22 lot acres
    OFF-MARKET
    Value Estimations
    $935,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-9102110
    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

    • Automotive properties

    Property Details for 9343 Nn E Loop

    Year built
    2014
    Construction
    STONE
    Lot size
    4.22 lot acres
    Property size
    9,934 SF
    Property type
    Automotive properties
    APN
    1342300010002
    APU
    1342300010002

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $875,000
      Current use
      RETAIL STORES
      $995,000
      Change: +13% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $960,000
      Change: +9% Conversion: Difficult
      RESTAURANT
      $805,000
      Change: -8% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.2655
    Latitude
    29.7891
    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
    $69,453
    $1,103,880
    $2,510,932
    $3,614,812
    -
    $1,103,880
    $2,510,932
    $3,614,812

    Comparable in this City

    • Value Estimation by Request
      4,202 SF

      7920 Ee Fwy

      VEHICLE SALES, RENTALS • 4,202 SF
      7920 Ee Fwy, Houston, TX 77029-1120
      View Details
    • Value Estimation by Request
      2,052 SF

      8022 Ee Fwy

      VEHICLE SALES, RENTALS • 2,052 SF
      8022 Ee Fwy, Houston, TX 77029-1122
      View Details
    • Value Estimation by Request
      960 SF

      1829 Pearl St

      VEHICLE SALES, RENTALS • 960 SF
      1829 Pearl St, Houston, TX 77029-3772
      View Details
    • Value Estimation by Request
      1,750 SF

      1402 Mccarty St

      VEHICLE SALES, RENTALS • 1,750 SF
      1402 Mccarty St, Houston, TX 77029-4119
      View Details
    • Value Estimation
      $1,245,000
      17,800 SF

      10015 Nn E Loop

      VEHICLE SALES, RENTALS • 17,800 SF
      10015 Nn E Loop, Houston, TX 77029-1411
      View Details
    • Value Estimation
      $900,000
      10,622 SF

      10200 Nn E Loop

      VEHICLE SALES, RENTALS • 10,622 SF
      10200 Nn E Loop, Houston, TX 77029-1414
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Freestanding Building on Hard Corner

      0.46 acre tract with 3,036 SF building for sale.
      10255 East Fwy, Houston, TX 77029
      View Details
    • $98,000

      Mechanic Shop with Conversion Potential

      Large building with bays, office, and conversion potential.
      9702 Bucroft St, Houston, TX 77029
      View Details
    • $899,000

      Versatile Property in Growing Area

      Office, restroom, dining area, and adjacent lot included.
      330 Connecticut St, Houston, TX 77029
      View Details
    • Contact for pricing
      2,297 SF

      Retail Property on East Fwy

      Retail space for sale in high-traffic Houston location.
      10533 East Fwy, Houston, TX 77029
      View Details
    • $295,000

      Modern Duplex Near Downtown Houston

      Built in 2018, fully occupied duplex near downtown Houston.
      8002 Cargill St, Houston, TX 77029
      View Details
    • $57,000

      Land for Sale

      Land available for sale in Houston, TX.
      9720 Bucroft St, Houston, TX 77029
      View Details

    Similar Nearby for Lease

    • $3,000 /Mo
      1,046 SF

      Retail Space Available For Rent

      Retail space available for lease in Houston, TX.
      1002 Mercury Dr, Houston, TX 77029
      View Details
    • $7 SF/Yr
      80,792 SF

      Houston Warehouse: 80,792 SF

      Large industrial warehouse for lease in Houston.
      635 Gellhorn Dr, Houston, TX 77029
      View Details
    • Contact for pricing

      Cozy Home with Yard

      Well-maintained 2-bedroom, 1-bath home for rent near amenities.
      233 N Carolina St, Houston, TX 77029
      View Details
    • Contact for pricing
      5,000 SF

      Industrial Warehouse Space Available

      5,000 SF warehouse space near I-10 and Port.
      7875 Market Street Rd, Houston, TX 77029
      View Details
    • $2,500 /Mo
      10,000 SF

      Industrial Yard Near Ship Channel

      10,000 SF yard with offices near Ship Channel.
      2417 Mccarty St, Houston, TX 77029
      View Details
    • $0.45 SF/Yr
      48,000 SF

      Industrial Space Available For Lease

      48,000 SF industrial space with docks and drive-in.
      9990 East Fwy, Houston, TX 77029
      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.
    9343 Nn E Loop
    Houston, TX 77029-1225
    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.