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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Warehouses
11432 Fm 529th Rd, Jersey Village, TX 77041-3002
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-0377804
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2002
Construction
METAL FRAME
Total area
10,196 SF
Lot
2.41 ac (105,136 SF)
APN
640150000051
UPID
US82-0377804
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
$485k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$597k
Blend (final)
Blend
$540k
Owner & transaction history
Saxon Leasing LLC · 7 yrs held
Saxon Leasing LLC
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$695,000
+75.8%
Auto repair, garage
$650,000
+64.9%
Medical building
$650,000
+64.7%
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 Jersey Village submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jersey Village 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
$485,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$395,000
Current use
RETAIL STORES
$695,000
Change: +76% · Conversion: Moderate
AUTO REPAIR, GARAGE
$650,000
Change: +65% · Conversion: Easy
MEDICAL BUILDING
$650,000
Change: +65% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$635,000
Change: +61% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$355,000
Change: -10% · Conversion: Moderate
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$53 / 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
$14,855
Tax year 2023
Assessed value
$2,112,555
Assessed 2024
Previous assessed
$2,112,555
+0.0% YoY
Effective rate
0.70%
On assessed value
Assessed land
$782,183
Assessed improvement
$1,330,372
Land market value
$782,183
Improvement market value
$1,330,372
Total market value
$2,112,555
Applied tax rate
4.0000
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
2002
Construction
METAL FRAME
Heating
NONE
Buildings
3
Stories
1
Total area
10,196 SF
Lot
2.41 ac (105,136 SF)
APN
640150000051
UPID
US82-0377804
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
$395,000
RETAIL STORES
Est. value
$695,000
AUTO REPAIR, GARAGE
Est. value
$650,000
MEDICAL BUILDING
Est. value
$650,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$635,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$355,000
WAREHOUSE, STORAGE Current
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
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
2002
Construction
METAL FRAME
Heating
NONE
Stories
1
Buildings
3
Lot
2.41 ac
Current owner
From public records · entity-resolved
Saxon Leasing LLC
Entity
Mailing address
9818 REFLECTION PT DR, CYPRESS, TX 77433-4143
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2018
—
Saxon Leasing LLC
Krueger,sue K
Grant Deed
related
—
Jul 31, 2018
—
Sue K Krueger
Krueger Larry W
Quit Claim Deed
related
—
Mar 29, 2006
—
Wendell R Allen Ents LLC
Allen,wendell R
Quit Claim Deed
related
$350,000 · Comerica Bank
Oct 31, 2005
—
Wendell R Allen
Precision Truck & Trailer Repa
Warranty Deed
$300,000 · Sterling Bank
Aug 2, 1999
—
Chalres W Lindsey
Mabrey,betty
Grant Deed
$106,400 · Norwest Mortgage INC
Mar 31, 1998
—
Texas State
Mabry,betty J
Grant Deed
related
—
—
—
Precision Truck
—
Deed Of Trust
related
$143,000 · Houston Galveston Area Local
—
—
Precision Truck
—
Deed Of Trust
related
$99,947 · Sterling 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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