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Property profile & analytics
OFF-MARKET
Estimated value
$5,835,000
Distribution centers
10550 Sam Houston W Pkwy Houston, TX 77071-3141
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-3961279
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2005
Construction
STEEL FRAME
Total area
60,000 SF
Lot
6.99 ac (304,484 SF)
APN
1297000010001
UPID
US82-3961279
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
-
Jasmine Trading Inc. Big Box & Wholesale Store
-
2020 Exhibits Event Planning Marketing & Advertising
-
Atlas Diamond, Inc Big Box & Wholesale Store
-
Exhibitforce (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.80M
Comparable Approach
Comparable
$4.88M
Blend (final)
Blend
$5.84M
Owner & transaction history
Exeter 10550 Sam Houston LP · 7 yrs held
Exeter 10550 Sam Houston LP
since 2019
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.1M
+96.3%
Auto repair, garage
$5.6M
+81.2%
Retail stores
$4.4M
+43.2%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$7,360,000
6.5%
$6,795,000
7%
$6,310,000
Alternative Use
Use
Estimation
RESTAURANT
$6,065,000
Change: +96% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,600,000
Change: +81% · Conversion: Easy
RETAIL STORES
$4,425,000
Change: +43% · Conversion: Moderate
OFFICE BUILDING
$4,175,000
Change: +35% · Conversion: Difficult
MEDICAL BUILDING
$3,830,000
Change: +24% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,750,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$5.84M
Range $5.25M – $6.42M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$97 / 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
$273,296
Tax year 2023
Assessed value
$13,601,560
Assessed 2024
Previous assessed
$13,601,560
+0.0% YoY
Effective rate
2.01%
On assessed value
Assessed land
$2,744,840
Assessed improvement
$10,856,720
Land market value
$2,744,840
Improvement market value
$10,856,720
Total market value
$13,601,560
Applied tax rate
1.0000
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
2005
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Total area
60,000 SF
Lot
6.99 ac (304,484 SF)
APN
1297000010001
UPID
US82-3961279
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
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$6.1M
AUTO REPAIR, GARAGE
Est. value
$5.6M
RETAIL STORES
Est. value
$4.4M
OFFICE BUILDING
Est. value
$4.2M
MEDICAL BUILDING
Est. value
$3.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.8M
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Buildings
2
Lot
6.99 ac
Current owner
From public records · entity-resolved
Exeter 10550 Sam Houston LP
Entity
Free & Clear · 7 yrs held
Mailing address
101 W ELM ST STE #600, CONSHOHOCKEN, PA 19428-2075
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 25, 2019
—
Exeter 10550 Sam Houston LP
—
Grant Deed
related
$90,100,000 · Miscellaneous Ins Co
Jun 4, 2019
—
Exeter 10550 Sam Houston LP
Broadstone 2020ex Texas LLC
Grant Deed
related
—
Aug 31, 2012
—
Broadstone 2020ex Texas LLC
Bmsm Group LP
Grant Deed
related
—
Feb 28, 2007
—
Bmsm Group
Ee & T Corp
Grant Deed
$2,600,000 · Wells Fargo Bank
Nov 16, 2004
—
Bmsm Group
Intra Atlantic Investment INC
Grant Deed
$2,617,136 · Wells Fargo Bank
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.
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