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Property profile & analytics
FOR SALE
Commercial land
11003 W Fairmont Pkwy La Porte, TX 77571
Entity Owned
2-yr Hold
Free & Clear
Property ID
US82-3499698
For Sale
1 / 3
$269,000
11003 W Fairmont Pkwy, La Porte, TX 77571
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
2008
Construction
WOOD FRAME
Total area
32,062 SF
Lot
0.85 ac (37,104 SF)
APN
1317730010004
UPID
US82-3499698
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.73M
Owner & transaction history
Jnjd3 LLC · 2 yrs held
Jnjd3 LLC
since 2023
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 La Porte submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs La Porte 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
$54 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$1,517
Tax year 2022
Assessed value
$222,624
Assessed 2024
Previous assessed
$222,624
+0.0% YoY
Effective rate
0.68%
On assessed value
Assessed land
$222,624
Land market value
$222,624
Total market value
$222,624
Applied tax rate
20.0000
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 land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Year built
2008
Construction
WOOD FRAME
Heating
YES
Cooling
WALL UNIT
Total area
32,062 SF
Lot
0.85 ac (37,104 SF)
APN
1317730010004
UPID
US82-3499698
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
2008
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Lot
0.85 ac
Current owner
From public records · entity-resolved
Jnjd3 LLC
Entity
Free & Clear · 2 yrs held
Mailing address
11003 W FAIRMONT PKWY, LA PORTE, TX 77571-6001
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
Dec 27, 2023
—
Jnjd3 LLC
Daniel Song Kim
Special Warranty Deed
—
May 12, 2017
—
Ringwood Properties LLC
Vr & Sons LP
Quitclaim Deed
related
$3,625,000 · Texas Citizens Bk NA
Jul 24, 2009
—
Vr
Vr & Sons
Quit Claim Deed
related
—
Apr 9, 2007
—
Vr & Sons
Gupta,vinod K & Rupam
Warranty Deed
$2,109,500 · Metrobank
—
—
Vr
—
Deed Of Trust
related
$1,028,505 · Metrobank
—
—
Vr
—
Deed Of Trust
related
$2,109,500 · Metrobank
—
—
Vr & Sons LP
—
Deed Of Trust
related
$1,429,000 · Private Individual
—
—
Vr LP
—
Deed Of Trust
related
$1,028,505 · Metrobank
—
—
Vr
—
Deed Of Trust
related
$1,265,700 · Metrobank
—
—
Vr
—
Deed Of Trust
related
$2,125,115 · Metrobank
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?”
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