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Property profile & analytics
OFF-MARKET
Estimated value
$1,575,000
Office buildings
12231 Northpointe Blvd Tomball, TX 77377-5532
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-9657127
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2016
Construction
FRAME
Total area
7,108 SF
Lot
0.83 ac (36,155 SF)
APN
1297240010001
UPID
US82-9657127
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
-
Pretty Girl Lashing Hair Salon
-
Daniel Johnson Dental Office
-
Hanigan and Johnson Orthodontics Dental Office
-
The Lounge Beauty and Nail Bar Nail Salon
-
Dr. James Hanigan Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.53M
Comparable Approach
Comparable
$1.62M
Blend (final)
Blend
$1.58M
Owner & transaction history
Dunder Mifflin Properties LLC · 10 yrs held
Dunder Mifflin Properties LLC
since 2015
6 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 Tomball submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tomball 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%
$1,655,000
6.5%
$1,530,000
7%
$1,420,000
Blend value · Realmo final
$1.58M
Range $1.42M – $1.73M · ±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
$222 / 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
$11,435
Tax year 2022
Assessed value
$1,502,948
Assessed 2024
Previous assessed
$1,592,632
-5.6% YoY
Effective rate
0.76%
On assessed value
Assessed land
$216,930
Assessed improvement
$1,286,018
Land market value
$216,930
Improvement market value
$1,286,018
Total market value
$1,502,948
Applied tax rate
26.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2016
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Total area
7,108 SF
Lot
0.83 ac (36,155 SF)
APN
1297240010001
UPID
US82-9657127
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
2016
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Buildings
1
Lot
0.83 ac
Current owner
From public records · entity-resolved
Dunder Mifflin Properties LLC
Entity
Mailing address
525 GRAND PALISADE PL, MONTGOMERY, TX 77316-1834
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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 25, 2024
—
Dunder Mifflin Properties LLC
—
Deed
related
$325,000 · Insbank
Jul 19, 2021
—
Dunder Mifflin Properties LLC
—
Deed
related
$475,000 · Insbank
Jan 25, 2021
—
Dunder Mifflin Properties LLC
—
Deed
related
$705,000 · Jp Morgan Chase Bk
Jun 29, 2016
—
Dunder Mifflin Properties LLC
—
Trustees Deed
related
$832,000 · Wells Fargo Bk
Oct 30, 2015
—
Dunder Mifflin Properties LLC
Winden Holdings INC
Grant Deed
$265,000 · Wells Fargo Bk
—
—
Dunder Mifflin Properties LLC
—
Deed Of Trust
related
$705,000 · Jp Morgan Chase 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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