16375 Highway 105
About This Property
Site would be ideal for commercial or residential development. Grand TX Theme Park & Hwy 242 – 17 miles
Hwy 99 (Grand Pkwy) – 23 miles, Houston & IAH Bush Airport - Approx 45-min
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 16, 2025 | Sold | ||
| Sold | |||
| Apr 8, 2025 | Listed by Anne Vickery & Associates Realty, LLC | $1,910,000 | |
| Listed by Anne Vickery & Associates Realty, LLC | |||
| May 2, 2024 | Price Decreased |
$1,395,500
↓ $521K
(27.2%) | |
| Price Decreased | |||
| May 2, 2024 | No longer available | - | |
| No longer available | |||
| Oct 31, 2022 | Listed by Anne Vickery & Associates Realty, LLC | $1,916,694 | |
| Listed by Anne Vickery & Associates Realty, LLC | |||
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18+/- Acres with 784 SF Mobile Home/Office, 2,400 SF Garage Warehouse w/14’ Eaves and (3) Grade Level Bays, Pond, and 29,445 SF Asphalt & Stabilized Surface on high traffic Hwy 105 with additional access from Fire Tower Rd. Property offers excellent frontage on Hwy 105 & Fire Tower Rd with great visibility and easy access to Hwy 321.
Site would be ideal for commercial or residential development. Grand TX Theme Park & Hwy 242 – 17 miles
Hwy 99 (Grand Pkwy) – 23 miles, Houston & IAH Bush Airport - Approx 45-min
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017