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Property profile & analytics
OFF-MARKET
Estimated value
$1,645,000
Hotels
1200 Louisiana St 955, Houston, TX 77002-5209
Individually Owned
19-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-3717055
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1972
Construction
BRICK
Total area
954,384 SF
Lot
1.69 ac (73,442 SF)
APN
12560000001
UPID
US83-3717055
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
-
Hyatt Regency Houston Downtown Hotel & Motel
-
Houston Downtown Terminal Travel Agency Tour Operator
-
Einstein Bros. Bagels (Bike/Boat/Book/etc) Store Bakery
-
Billy Davis Shoe Shine (Bike/Boat/Book/etc) Store
-
Gen On Energy Inc Electric Utility Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.65M
Owner & transaction history
Vii Of Sch Houston Hotel · 19 yrs held
Vii Of Sch Houston Hotel
since 2006
4 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
$2 / 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
$1,793,968
Tax year 2022
Assessed value
$93,580,451
Assessed 2024
Previous assessed
$89,039,015
+5.1% YoY
Effective rate
1.92%
On assessed value
Assessed land
$22,032,000
Assessed improvement
$71,548,451
Land market value
$22,032,000
Improvement market value
$71,548,451
Total market value
$93,580,451
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1972
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
29
Total area
954,384 SF
Lot
1.69 ac (73,442 SF)
APN
12560000001
UPID
US83-3717055
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
1972
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
29
Buildings
1
Lot
1.69 ac
Current owner
From public records · entity-resolved
Vii Of Sch Houston Hotel
Individual
Free & Clear · 19 yrs held
Mailing address
1417 SADLER RD #358, FERNANDINA BEACH, FL 32034-0301
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2019
—
1200 Louisiana LLC
—
Grant Deed
related
$84,000,000 · Spt Real Estate Capital LLC
Nov 4, 2011
—
Vii Of Sch Houston Hotel LP
—
Deed Of Trust
related
$80,000,000 · Pb Capital Corp
Aug 16, 2006
—
Vii Of Sch Houston Hotel
Dmarc 2001-fl5 Lamar Street
Grant Deed
—
Nov 16, 2004
—
2001-fl5 Lamar Street Dmarc
Zaver
Warranty Deed
related
—
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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