New search
Property profile & analytics
OFF-MARKET
Estimated value
$965,000
Flex space
11755 Little York Rd, Houston, TX 77041-4751
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US82-3399551
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2020
Construction
STEEL FRAME
Total area
10,145 SF
Lot
11.86 ac (516,748 SF)
APN
1309600010002
UPID
US82-3399551
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
-
MechCorps Entertainment (BattleTech Pods) Arcade & Gaming Center Family Recreation Center
-
Battlefield Houston Arcade & Gaming Center
-
1212 Customs Car Rental Facility
-
Loveworld Sam Houston Church
-
CTP Environment Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.05M
CAP Approach
CAP
$880k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$965k
Owner & transaction history
Jls 11755 W Little York Rd LLC · 8 yrs held
Jls 11755 W Little York Rd LLC
since 2017
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+418.4%
Restaurant
$1.0M
+344.2%
Retail stores
$690,000
+199.3%
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
$1,050,000
CAP Approach
CAP Return
Estimation
6%
$955,000
6.5%
$880,000
7%
$815,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,195,000
Change: +418% · Conversion: Difficult
RESTAURANT
$1,025,000
Change: +344% · Conversion: Difficult
RETAIL STORES
$690,000
Change: +199% · Conversion: Moderate
AUTO REPAIR, GARAGE
$650,000
Change: +181% · Conversion: Easy
MEDICAL BUILDING
$645,000
Change: +180% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$635,000
Change: +175% · Conversion: Difficult
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±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
$95 / 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
$107,677
Tax year 2023
Assessed value
$13,829,372
Assessed 2024
Previous assessed
$13,829,372
+0.0% YoY
Effective rate
0.78%
On assessed value
Assessed land
$2,434,122
Assessed improvement
$11,395,250
Land market value
$2,434,122
Improvement market value
$11,395,250
Total market value
$13,829,372
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2020
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Buildings
15
Total area
10,145 SF
Lot
11.86 ac (516,748 SF)
APN
1309600010002
UPID
US82-3399551
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
COMMERCIAL (GENERAL)
Est. value
$1.2M
RESTAURANT
Est. value
$1.0M
RETAIL STORES
Est. value
$690,000
AUTO REPAIR, GARAGE
Est. value
$650,000
MEDICAL BUILDING
Est. value
$645,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$635,000
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
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
2020
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Buildings
15
Lot
11.86 ac
Current owner
From public records · entity-resolved
Jls 11755 W Little York Rd LLC
Entity
Mailing address
11755 W LITTLE YORK RD #900, HOUSTON, TX 77041-4751
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 2020
—
Jls 11755 W Little York Rd LLC
—
Deed Of Trust
related
$5,613,000 · Bancorpsouth
Jan 18, 2019
—
Jls 11755 W Little York Rd LLC
—
Loan Modification
related
$3,829,441 · Bancorpsouth
Dec 27, 2017
—
Jls 11755 W Little York Rd LLC
Nw Spectrum Vpl LLC
Grant Deed
$4,080,000 · Icon Bk/tx NA
Oct 23, 2017
—
Nw Spectrum Vpl LLC
—
Loan Modification
related
$4,040,809 · Legacy Bk/tx
Jun 3, 2015
$5,000,000
Nw Spectrum Vpl LLC
Sewart Anna|asr-8 Centre LP
Trustees Deed
$4,040,809 · Legacy Bk/tx
—
—
Asr-8 Centre LP
—
Deed Of Trust
related
$4,500,000 · Viewpoint Bk Hi/he
—
—
Asr-8 Centre
—
Deed Of Trust
related
$750,000 · Icon Bank Of Texas
—
—
American Spectrum Realty INC
—
Deed Of Trust
related
$500,000 · Icon Bank Of Texas
—
—
American Spectrum Realty INC
—
Deed Of Trust
related
$645,000 · Icon Bank Of Texas
—
—
American Spectrum Realty INC
—
Deed Of Trust
related
$500,000 · Icon Bank Of Texas
—
—
Asr-8 Centre LP
—
Deed Of Trust
related
$645,000 · Icon Bank Of Texas
—
—
Nw Spectrum Vpl LLC
—
Loan Modification
related
$4,040,809 · Viewpoint 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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