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Property profile & analytics
OFF-MARKET
Estimated value
$5,435,000
Office buildings
1111 Nn W Loop, Houston, TX 77008-4721
Individually Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-4690523
Property profile
Verified
Property type
Office buildings
Use group
SKYSCRAPER/HIGH-RISE (COM OFFICES)
Year built
1981
Construction
STEEL & CONCRETE
Total area
187,893 SF
Lot
3 ac (130,724 SF)
APN
780790000003
UPID
US82-4690523
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
$5.44M
Blend (final)
Blend
$5.44M
Owner & transaction history
Central Plaza One Operating · 18 yrs held
Central Plaza One Operating
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 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.44M
Range $4.89M – $5.98M · ±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
$29 / 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
$294,589
Tax year 2022
Assessed value
$14,170,837
Assessed 2024
Previous assessed
$14,621,175
-3.1% YoY
Effective rate
2.08%
On assessed value
Assessed land
$3,268,100
Assessed improvement
$10,902,737
Land market value
$3,268,100
Improvement market value
$10,902,737
Total market value
$14,170,837
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
Office buildings
Use group
SKYSCRAPER/HIGH-RISE (COM OFFICES)
Status
Off-Market
Year built
1981
Construction
STEEL & CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
11
Total area
187,893 SF
Lot
3 ac (130,724 SF)
APN
780790000003
UPID
US82-4690523
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
1981
Construction
STEEL & CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
11
Buildings
2
Lot
3 ac
Current owner
From public records · entity-resolved
Central Plaza One Operating
Individual
Mailing address
8901 GAYLORD DR STE #100, HOUSTON, TX 77024-3042
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Aug 30, 2007
—
Central Plaza One Operating
—
Deed Of Trust
related
$13,400,000 · Bank Of America
—
—
Central Plaza One Operating
—
Deed Of Trust
related
$1,255,000 · First Community Bank
—
—
Central Plaza One Operating As
—
Deed Of Trust
related
$1,202,656 · First Community Bank
—
—
Central Plaza One Operating As
—
Deed Of Trust
related
$12,809,342 · First Community Bank
—
—
Central Plaza One Operating As
—
Deed Of Trust
related
$12,143,000 · Compass Bk
—
—
Central Plaza One Operating
—
Deed Of Trust
related
$13,400,000 · Bank Of America
—
—
Central Plaza One Operating
—
Deed Of Trust
related
$12,845,000 · First Community Bank
—
—
Central Plaza One Operating As
—
Deed Of Trust
related
$12,143,000 · Compass Bank
—
—
Central Plaza One Operating As
—
Deed Of Trust
related
$12,375,000 · Privatebank & Tr
—
—
Central Plaza One Operating
—
Deed Of Trust
related
$12,800,000 · Lasalle 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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