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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Auto shops
11120 Hwy 242 Conroe, TX 77385-4350
Individually Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-2414412
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2004
Total area
9,000 SF
Lot
3.46 ac (150,805 SF)
Zoning code
6
APN
0597-00-02257
UPID
US83-2414412
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
$645k
Owner & transaction history
Enrique Escobar · 6 yrs held
Enrique Escobar
since 2019
6 recorded transactions
Zoning & alternative use
6 · Conroe, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Development Guide
Top alternative use upside
Restaurant
$1.1M
+33.4%
Apartment house (5+ units)
$815,000
+1.6%
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 Conroe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conroe 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
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$805,000
Current use
RESTAURANT
$1,070,000
Change: +33% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$815,000
Change: +2% · Conversion: Difficult
RETAIL STORES
$680,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$645k
Range $581k – $710k · ±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
$72 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$28,470
Tax year 2024
Assessed value
$1,769,830
Assessed 2024
Previous assessed
$1,795,430
-1.4% YoY
Effective rate
1.61%
On assessed value
Assessed land
$904,830
Assessed improvement
$865,000
Land market value
$904,830
Improvement market value
$865,000
Total market value
$1,769,830
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2004
Heating
OTHER
Cooling
NONE
Stories
1
Total area
9,000 SF
Lot
3.46 ac (150,805 SF)
Zoning code
6
APN
0597-00-02257
UPID
US83-2414412
Jurisdiction
MONTGOMERY
Zoning & alternative use
6 · Conroe, TXZoning 6 · permitted uses
6 · Conroe, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Development Guide
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$805,000
RESTAURANT
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$815,000
RETAIL STORES
Est. value
$680,000
AUTO REPAIR, GARAGE Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
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
2004
Heating
OTHER
Cooling
Yes
Stories
1
Lot
3.46 ac
Current owner
From public records · entity-resolved
Enrique Escobar
Individual
Free & Clear · 6 yrs held
Mailing address
25511 BUDDE RD STE #201, SPRING, TX 77380-2080
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 30, 2019
—
Enrique Escobar
Dana R Mirbahaeddin
Warranty Deed
related
—
Sep 30, 2016
—
Dana R Mirbahaeddin
—
Deed
related
$373,538 · Allegiance Bk
Oct 14, 2010
—
Dana R Mirbahaeddin
Pike,derrell E
Grant Deed
related
—
Jul 13, 2010
—
Dana R Mirbahaeddin
Mirbahaeddin,majid
Quit Claim Deed
related
$105,711 · Mcclure Duffee & Eitzen LLP
—
—
Dana R Mirbahaeddin
—
Loan Modification
related
$373,538 · Allegiance Bk
—
—
Majid Mirbahaeddin
—
Deed Of Trust
related
$315,000 · Bank Of America
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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