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Property profile & analytics
OFF-MARKET
Office buildings
118 Cpe Conroe Dr Montgomery, TX 77356-4717
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US83-2328148
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1993
Total area
9,340 SF
Lot
0.39 ac (16,801 SF)
Zoning code
3
APN
3300-00-09100
UPID
US83-2328148
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
-
CrossFit KOVU Gym & Fitness Center
-
JK Graphics Inc (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jk Graphics INC · 10 yrs held
Jk Graphics INC
since 2016
7 recorded transactions
Zoning & alternative use
3 · Montgomery, TX
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 Montgomery submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Montgomery 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
—
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
$7,947
Tax year 2024
Assessed value
$415,000
Assessed 2024
Previous assessed
$397,720
+4.3% YoY
Effective rate
1.91%
On assessed value
Assessed land
$100,807
Assessed improvement
$314,193
Land market value
$100,807
Improvement market value
$314,193
Total market value
$415,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1993
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Bathrooms
2
Total area
9,340 SF
Lot
0.39 ac (16,801 SF)
Zoning code
3
APN
3300-00-09100
UPID
US83-2328148
Jurisdiction
MONTGOMERY
Zoning & alternative use
3 · Montgomery, TXZoning 3 · permitted uses
3 · Montgomery, TX
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
1993
Heating
FORCED AIR
Cooling
Yes
Buildings
2
Bathrooms
2
Lot
0.39 ac
Current owner
From public records · entity-resolved
Jk Graphics INC
Entity
Mailing address
21931 KOBS RD STE #500, TOMBALL, TX 77377-4106
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2020
—
Jk Graphics Incorporates
—
Deed
related
$50,000 · Frost Bank
Dec 23, 2020
—
Jk Graphics Incorporated
—
Deed
related
$500,000 · Frost Bank
May 9, 2016
—
Jk Graphics INC
Hmd Cape Conroe LLC
Warranty Deed
related
—
Sep 16, 2015
—
Hmd Cape Conroe LLC
—
Trustees Deed
related
$600,000 · Allegiance Bk/tx
Feb 3, 2012
—
Hmd Cape Conroe LLC
Williams,robert H
Warranty Deed
$324,000 · Allegiance Bank Texas
May 27, 2010
—
Robert H Williams
—
Trustees Deed
related
$100,000 · Post Oak Bank
Jun 4, 2009
—
Robert H Williams
—
Trustees Deed
related
$100,000 · Post Oak Bank
Jun 10, 2005
—
Robert H Williams
Castaway Fishing Products INC
Warranty Deed
$90,000 · Post Oak Bank
—
—
Robert H Williams
—
Deed Of Trust
related
$176,086 · Post Oak Bank
—
—
Robert H Williams
—
Deed Of Trust
related
$100,000 · Post Oak 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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