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Property profile & analytics
OFF-MARKET
Estimated value
$335,000
Commercial real estate
108 Main St Houston, TX 77002-1721
Individually Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-4788062
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1890
Construction
BRICK
Total area
7,125 SF
Lot
0.06 ac (2,400 SF)
APN
10150000016
UPID
US82-4788062
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
-
Liv Nightclub DJ & Entertainment
-
Finish Your Champagne Bar & Pub
-
The Nellie Rose (Bike/Boat/Book/etc) Store Photography Service
-
Green City Pros AC Repair & Install Hardware & Home Improvement HVAC Service
-
Pam Ashley Photography Photography Service (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$335k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$335k
Owner & transaction history
Stephen N Zimmerman · 7 yrs held
Stephen N Zimmerman
since 2019
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
Method
Estimation
Statistic approach
by Request
ML approach
$335,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$335k
Range $302k – $369k · ±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
$47 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$11,913
Tax year 2020
Assessed value
$568,889
Assessed 2024
Previous assessed
$602,018
-5.5% YoY
Effective rate
2.09%
On assessed value
Assessed land
$240,000
Assessed improvement
$328,889
Land market value
$240,000
Improvement market value
$328,889
Total market value
$568,889
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1890
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
7,125 SF
Lot
0.06 ac (2,400 SF)
APN
10150000016
UPID
US82-4788062
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
1890
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Stephen N Zimmerman
Individual
Mailing address
3815 MONTROSE BLVD STE #101, HOUSTON, TX 77006-4666
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2019
—
Stephen N Zimmerman
—
Deed
related
$900,000 · Veritex Cmnty Bk
Dec 11, 2017
—
Stephen N Zimmerman
—
Deed
related
$900,000 · Green Bk
Oct 26, 2010
—
Stephen N Zimmerman
—
Trustees Deed
related
$750,000 · Green Bk
—
—
Stephen N Zimmerman
—
Loan Modification
related
$900,000 · Veritex Cmnty Bk
—
—
Stephen N Zimmerman
—
Loan Modification
related
$1,427,000 · Green Bank
—
—
Stephen N Zimmerman
—
Loan Modification
related
$980,000 · Green Bk
—
—
Stephen N Zimmerman
—
Loan Modification
related
$900,000 · Green Bk
—
—
Stephen N Zimmerman
—
Loan Modification
related
$900,000 · Green Bk
—
—
Stephen N Zimmerman
—
Loan Modification
related
$980,000 · Green Bank
—
—
Stephen N Zimmerman
—
Loan Modification
related
$900,000 · Green Bk
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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