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Property profile & analytics
OFF-MARKET
Estimated value
$890,000
Warehouses
1123 Church St Crosby, TX 77532-8704
Individually Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-4030918
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1985
Construction
METAL FRAME
Total area
8,550 SF
Lot
6.73 ac (293,159 SF)
APN
440660000283
UPID
US83-4030918
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
-
BO-GE Assembly Inc Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$894k
Blend (final)
Blend
$890k
Owner & transaction history
Wesley Zarsky · 10 yrs held
Wesley Zarsky
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.4M
+125.6%
Office building
$1.2M
+94.2%
Auto repair, garage
$775,000
+22.8%
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 Crosby submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Crosby 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
WAREHOUSE, STORAGE
$630,000
Current use
COMMERCIAL (GENERAL)
$1,420,000
Change: +126% · Conversion: Difficult
OFFICE BUILDING
$1,225,000
Change: +94% · Conversion: Difficult
AUTO REPAIR, GARAGE
$775,000
Change: +23% · Conversion: Easy
RESTAURANT
$750,000
Change: +19% · Conversion: Difficult
RETAIL STORES
$675,000
Change: +7% · Conversion: Moderate
MEDICAL BUILDING
$565,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$890k
Range $801k – $979k · ±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
$104 / 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
$18,398
Tax year 2023
Assessed value
$3,019,426
Assessed 2024
Previous assessed
$3,019,426
+0.0% YoY
Effective rate
0.61%
On assessed value
Assessed land
$136,530
Assessed improvement
$2,882,896
Land market value
$136,530
Improvement market value
$2,882,896
Total market value
$3,019,426
Applied tax rate
5.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1985
Construction
METAL FRAME
Heating
NONE
Cooling
NONE
Buildings
5
Stories
1
Total area
8,550 SF
Lot
6.73 ac (293,159 SF)
APN
440660000283
UPID
US83-4030918
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
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$630,000
COMMERCIAL (GENERAL)
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$775,000
RESTAURANT
Est. value
$750,000
RETAIL STORES
Est. value
$675,000
MEDICAL BUILDING
Est. value
$565,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
RESTAURANT
RETAIL STORES
MEDICAL BUILDING
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
1985
Construction
METAL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
5
Lot
6.73 ac
Current owner
From public records · entity-resolved
Wesley Zarsky
Individual
Mailing address
3 MOUNTAINVIEW RD STE #300, WARREN, NJ 07059-6704
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2018
—
Dmb Abenteuer LLC
—
Deed
related
$367,205 · Plains St Bk
Jul 22, 2016
—
Dmb Abenteuer LLC
—
Deed
related
$511,737 · Plains St Bk
Dec 17, 2015
—
Wesley Zarsky
Sheffield,kathleen C
Warranty Deed
related
—
Nov 8, 2013
—
Louise F Hall
Hall Henry A
Quit Claim Deed
related
—
Aug 16, 2010
—
Dmb Abenteuer LLC
Bo-ge Assembly INC
Grant Deed
$1,870,000 · Plains State Bank
Sep 28, 2005
—
Bo-ge Assembly INC
Rotating Machinery Technology
Grant Deed
related
—
May 14, 1997
—
Rotating Machinery Tech INC
Ressco INC
Grant Deed
$192,000 · Pinemont Bank
—
—
Dmb Abenteuer LLC
—
Loan Modification
related
$367,205 · Plains St Bk
—
—
Dmb Abenteuer LLC
—
Loan Modification
related
$483,784 · Plains State Bank
—
—
Dmb Abenteuer LLC
—
Deed Of Trust
related
$117,563 · Plains State Bank
—
—
Bo-ge Assembly INC
—
Deed Of Trust
related
$375,000 · Sterling Bank
—
—
Rotating Machinery Technology
—
Deed Of Trust
related
$1,740,000 · Key Bank NA
—
—
Dmb Abenteuer LLC
—
Deed Of Trust
related
$511,737 · Plains St Bk
—
—
Bo-ge Assembly INC
—
Deed Of Trust
related
$350,000 · Partners Bank Tx
—
—
Bo-ge Assembly INC
—
Deed Of Trust
related
$654,157 · Plains State 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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