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Property profile & analytics
OFF-MARKET
Estimated value
$1,190,000
Community centers
11200 Fondren Rd, Houston, TX 77096-5508
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US82-4225617
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1978
Construction
STEEL FRAME
Total area
101,412 SF
Lot
9.07 ac (395,133 SF)
APN
1064040000001
UPID
US82-4225617
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
$1.19M
Owner & transaction history
Autozone Parts INC
Autozone Parts INC
since 2025
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$12 / 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
$145,811
Tax year 2022
Assessed value
$7,684,387
Assessed 2024
Previous assessed
$7,236,966
+6.2% YoY
Effective rate
1.90%
On assessed value
Assessed land
$3,161,064
Assessed improvement
$4,523,323
Land market value
$3,161,064
Improvement market value
$4,523,323
Total market value
$7,684,387
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1978
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
101,412 SF
Lot
9.07 ac (395,133 SF)
APN
1064040000001
UPID
US82-4225617
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
1978
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
9.07 ac
Current owner
From public records · entity-resolved
Autozone Parts INC
Entity
Mailing address
3657 BRIARPARK DR STE #188, HOUSTON, TX 77042-5267
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2025
—
Autozone Parts INC
Sss Village At Southwest LLC
Deed
—
Feb 1, 2022
—
Global Signal Acquisitions II LLC
Sss Village At Southwest LLC
Lease
—
Jul 5, 2019
—
Sss Village At Southwest LLC
Garrison Fondren LLC
Grant Deed
$25,593,000 · Cathay Bk
Sep 6, 2016
—
Garrison Fondren LLC
—
Deed
related
$22,690,000 · Pacific Wstrn Bk
Nov 19, 2015
—
Garrison Fondren LLC
Surrey Fondren Investors LLC
Quit Claim Deed
related
—
—
—
Garrison Fondren LLC
—
Loan Modification
related
$22,584,998 · Us Bank NA #2006-ldp8 (ce)
—
—
Garrison Fondren LLC
—
Deed Of Trust
related
$22,690,000 · Pacific Wstrn 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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