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Property profile & analytics
OFF-MARKET
Estimated value
$3,795,000
Commercial real estate
12230 Swsw Fwy Meadows Place, TX 77477-3007
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2893545
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2016
Total area
91,260 SF
Lot
11.94 ac (520,281 SF)
Zoning code
XS
APN
0101-00-000-1200-907
UPID
US82-2893545
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.80M
Owner & transaction history
Group 1 Realty INC · 12 yrs held
Group 1 Realty INC
since 2014
6 recorded transactions
Zoning & alternative use
XS · Meadows Place, 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 Meadows Place submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Meadows Place 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
COMMERCIAL (GENERAL)
$4,765,000
Current use
Blend value · Realmo final
$3.80M
Range $3.42M – $4.17M · ±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
$42 / 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
$353,419
Tax year 2023
Assessed value
$15,000,000
Assessed 2024
Previous assessed
$15,864,670
-5.5% YoY
Effective rate
2.36%
On assessed value
Assessed land
$8,723,267
Assessed improvement
$6,276,733
Land market value
$8,723,267
Improvement market value
$6,276,733
Total market value
$15,000,000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2016
Heating
CENTRAL
Cooling
CENTRAL
Rooms
66
Total area
91,260 SF
Lot
11.94 ac (520,281 SF)
Zoning code
XS
APN
0101-00-000-1200-907
UPID
US82-2893545
Jurisdiction
FORT BEND
Zoning & alternative use
XS · Meadows Place, TX
Zoning XS · permitted uses
XS · Meadows Place, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Meadows Place. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$4.8M
COMMERCIAL (GENERAL) Current
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
2016
Heating
CENTRAL
Cooling
Yes
Rooms
66
Lot
11.94 ac
Current owner
From public records · entity-resolved
Group 1 Realty INC
Entity
Mailing address
800 GESSNER RD STE #500, HOUSTON, TX 77024-4498
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2019
—
Group 1 Realty INC
—
Grant Deed
related
$100,000,000 · Wells Fargo Bk
Jun 27, 2014
—
Group 1 Realty INC
Cars Cni-2 LP
Grant Deed
$10,560,000 · Bank Of The West
Aug 28, 2013
—
Cars Cni 2 L P
Mmr Viking Investment Associates L
Special Warranty Deed
$280,000 · Lasalle Bank NA
May 7, 2013
—
Mmr Viking Inv Assocs LP
—
Deed Of Trust
related
$325,000,000 · Barclays Bank Plc
Dec 28, 2005
—
Mmr Viking Inv Assocs
—
Deed Of Trust
related
—
—
—
Mmr Viking Inv Assocs LP
—
Deed Of Trust
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.
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