Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,965,000
Distribution centers
101 Esplanade Blvd Houston, TX 77060-3722
Entity Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-2943475
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2007
Construction
STEEL FRAME
Total area
258,681 SF
Lot
12.3 ac (535,845 SF)
APN
1301830010001
UPID
US82-2943475
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
-
Cardinal Delivery Service Courier Service Postal Service
-
Vistarwarehose Warehouse & Storage
-
Vistar - Houston Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.97M
Owner & transaction history
Greenspoint D LLC · 12 yrs held
Greenspoint D LLC
since 2014
7 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 Houston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Houston 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$23 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$291,720
Tax year 2023
Assessed value
$24,013,464
Assessed 2024
Previous assessed
$24,013,464
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$2,143,380
Assessed improvement
$21,870,084
Land market value
$2,143,380
Improvement market value
$21,870,084
Total market value
$24,013,464
Applied tax rate
9.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2007
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Total area
258,681 SF
Lot
12.3 ac (535,845 SF)
APN
1301830010001
UPID
US82-2943475
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
Building & site characteristics
From public records
Year built
2007
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Buildings
1
Lot
12.3 ac
Current owner
From public records · entity-resolved
Greenspoint D LLC
Entity
Free & Clear · 12 yrs held
Mailing address
ELLIS PRESERVE, NEWTOWN SQUARE, PA 19073
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2022
—
1pm Houston Industrial Investors Ll
—
Deed
related
$102,637,500 · Tiaa Fsb Holdings INC
May 16, 2022
—
1pm Houston Industrial Investors Ll
—
Deed
related
$102,637,500 · Tiaa Fsb Holdings INC
Mar 21, 2017
—
Greenspoint D LLC
—
Deed
related
$375,000,000 · Miscellaneous Ins Co
Feb 19, 2014
—
Greenspoint D LLC
Industrial Intl Texas LP
Grant Deed
related
—
Oct 2, 2013
—
Greenspoint D LLC
Devs Intl Texas Industrial
Grant Deed
$99,800,000 · Wells Fargo Bk
Mar 19, 2013
—
Greenspoint Busn Park Owners
Industrial Devs Intl Texas
Quit Claim Deed
related
—
—
—
Greenspoint D LLC
—
Deed Of Trust
related
$375,000,000 · Miscellaneous Ins Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 101 Esplanade Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
