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Property profile & analytics
OFF-MARKET
Estimated value
$2,660,000
Industrial properties
1106 Leander Dr Leander, TX 78641-2000
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US83-4119013
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2011
Total area
34,304 SF
Lot
3.09 ac (134,600 SF)
APN
R-17-W338-000B-0012-0004
UPID
US83-4119013
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
-
One Source Manufacturing Tech LLC Industrial Manufacturer
-
Skeletal FX Manufacturing Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.35M
Blend (final)
Blend
$2.66M
Owner & transaction history
Shipley-muto LLC · 18 yrs held
Shipley-muto LLC
since 2007
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 Leander submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Leander 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.66M
Range $2.39M – $2.93M · ±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
$78 / 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
$144,427
Tax year 2023
Assessed value
$7,153,300
Assessed 2023
Previous assessed
$7,153,300
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$969,123
Assessed improvement
$6,184,177
Land market value
$969,123
Improvement market value
$6,184,177
Total market value
$7,153,300
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2011
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
34,304 SF
Lot
3.09 ac (134,600 SF)
APN
R-17-W338-000B-0012-0004
UPID
US83-4119013
Jurisdiction
WILLIAMSON
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
2011
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
3.09 ac
Current owner
From public records · entity-resolved
Shipley-muto LLC
Entity
Mailing address
1106 LEANDER DR, LEANDER, TX 78641-2000
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
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 1, 2017
—
Shipley Muto LLC
—
Deed
related
$876,000 · First Citizens Bank & Trust Co
Aug 25, 2016
—
Shipley Muto LLC
—
Deed
related
$2,505,000 · First Citizens Bank & Trust Co
Mar 23, 2009
—
Shipley Muto LLC
—
Trustees Deed
related
$200,000 · Green Bank
Aug 7, 2007
—
Shipley-muto LLC
Maxwell,terry A & Terri L
Warranty Deed
$219,000 · Capital One
Mar 2, 2004
—
Terry A Maxwell
Cuadros,carlos M & Elena
Warranty Deed
$140,000 · Eagle Bank
—
—
Shipley-muto LLC
—
Loan Modification
related
$623,680 · Frost Bk
—
—
Shipley-muto LLC
—
Deed Of Trust
related
$2,300,000 · Green Bank
—
—
One Source Mfg Technology LLC
—
Loan Modification
related
$784,580 · Frost Bank
—
—
Shipley-muto LLC
—
Deed Of Trust
related
$1,560,000 · Frost Nat'l Bk
—
—
Shipley-muto LLC
—
Deed Of Trust
related
$2,386,575 · Frost National 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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