Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    9889 Bellaire Blvd Ste 117a Houston, TX 77036-3467

    • Commercial land
    • 1.50 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-7724706
    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

    • L P Trading Inc / (Bike/Boat/Book/etc) Store
    • East Wall Restaurant / Restaurant
    • Tiger Den / Restaurant
    • First Central Dental / Dental Office
    • Aria Dental / Dental Office

    Property Details for 9889 Bellaire Blvd Ste 117a

    Lot size
    1.50 lot acres
    Property type
    Commercial land
    APN
    1213880010001
    APU
    1213880010001

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.7736
    Latitude
    29.792
    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
    $17,228
    $981,930
    $0.00
    $981,930
    -
    $981,930
    $0.00
    $981,930

    Comparable in this City

    • Value Estimation by Request
      5.27 Acres

      9303 Town Park Dr

      VACANT COMMERCIAL LAND • 5.27 Acres
      9303 Town Park Dr, Houston, TX 77036-2441
      View Details
    • Value Estimation by Request
      2.01 Acres

      Bellaire Blvd

      VACANT COMMERCIAL LAND • 2.01 Acres
      Bellaire Blvd, Houston, TX 77036
      View Details
    • Value Estimation by Request
      0.45 Acres

      Forney Dr

      VACANT COMMERCIAL LAND • 0.45 Acres
      Forney Dr, Houston, TX 77036
      View Details
    • Value Estimation by Request
      0.08 Acres

      Swsw Fwy

      VACANT COMMERCIAL LAND • 0.08 Acres
      Swsw Fwy, Houston, TX 77036
      View Details
    • Value Estimation by Request
      0.22 Acres

      7001 Corporate Dr Ste, Unit 200

      VACANT COMMERCIAL LAND • 0.22 Acres
      7001 Corporate Dr Ste, Houston, TX 77036-5115
      View Details
    • Value Estimation by Request
      0.72 Acres

      Parkersburg Dr

      VACANT COMMERCIAL LAND • 0.72 Acres
      Parkersburg Dr, Houston, TX 77036
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Houston Commercial Land for Sale

      Prime Bissonnet St. Pad Sites
      9700 Bissonnet St, Houston, TX 77036
      View Details
    • $71,900

      Land for Sale

      Land available for purchase in Houston, Texas.
      9350 Country Creek Dr, Houston, TX 77036
      View Details
    • $158,000

      Land For Sale

      Land available for sale.
      9901 Sharpcrest St, Houston, TX 77036
      View Details
    • Contact for pricing
      11,545 SF

      East Signs Houston: Turnkey Operation

      Fully equipped sign shop, ready to operate.
      7636 Clarewood Dr, Houston, TX 77036
      View Details
    • Contact for pricing
      6,393 SF

      Class A Office Space Available

      Bank-anchored Class A office in Houston's Chinatown Market.
      9999 Bellaire Blvd, Houston, TX 77036
      View Details
    • $135,000
      Pending

      Updated Condo in Chinatown

      Stylish 2-bedroom, 2-bathroom condo in a desirable location.
      9201 Clarewood Dr, Houston, TX 77036
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      39,555 SF

      Prime Houston Retail Space for Lease

      39,555 SF Retail Anchor Space in High-Traffic Area
      8201 Gessner Rd, Houston, TX 77036
      View Details
    • $19 SF/Yr
      73,785 SF

      Regency Square Office Suites

      Houston Office Space Available Now
      7100 Regency Square Blvd, Houston, TX 77036
      View Details
    • $15 SF/Yr
      59,870 SF

      Direct Jones Retail Space in Houston

      Prime Houston retail space, multiple units available.
      9910 Harwin Dr, Houston, TX 77036
      View Details
    • Contact for pricing
      346 SF

      Multi-Tenant Office Building For Sale

      Three-story, ±55,382 SF office building with high visibility.
      10039 Bissonnet St, Houston, TX 77036
      View Details
    • Contact for pricing
      4,732 SF

      Executive Office Space in Houston

      Prime Houston Office, 4,732 SF Available
      7511 Gessner Rd, Houston, TX 77036
      View Details
    • $10 SF/Yr
      161,537 SF

      Bissonnet Street Office Space

      Southwest Houston Office Suites, 40+ Spaces Available
      9894 Bissonnet St, Houston, TX 77036
      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.
    9889 Bellaire Blvd Ste 117a
    Houston, TX 77036-3467
    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!