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Property profile & analytics
OFF-MARKET
Strip malls
1224 Mulberry St Angleton, TX 77515-3959
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US82-0292151
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1976
Total area
13,782 SF
Lot
1.43 ac (62,378 SF)
APN
2360-0011-000
UPID
US82-0292151
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
-
New Fade City Barber Shop
-
kutzbykaleb Barber Shop
-
JAMES BOND BAIL BONDS II BRAZORIA Law Firm
-
All Access Bail Bonds Law Firm
-
Ernesto's Upholstery Furniture & Home Goods
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
Asjj Ebenezer LLC · 10 yrs held
Asjj Ebenezer LLC
since 2016
5 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 Angleton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Angleton 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 2018Property tax & assessments
Tax year 2018
Tax billed
$8,086
Tax year 2018
Assessed value
$1,063,500
Assessed 2023
Previous assessed
$268,603
+295.9% YoY
Effective rate
0.76%
On assessed value
Assessed land
$188,460
Assessed improvement
$875,040
Land market value
$188,460
Improvement market value
$875,040
Total market value
$1,063,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1976
Heating
PACKAGE
Rooms
9
Total area
13,782 SF
Lot
1.43 ac (62,378 SF)
APN
2360-0011-000
UPID
US82-0292151
Jurisdiction
BRAZORIA
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
1976
Heating
PACKAGE
Rooms
9
Lot
1.43 ac
Current owner
From public records · entity-resolved
Asjj Ebenezer LLC
Entity
Mailing address
511 CHENANGO RNCH DR, ANGLETON, TX 77515-6698
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2016
—
Asjj Ebenezer LLC
G K Management Houston LLC
Warranty Deed
$200,000 · Gary Kong
Feb 21, 2012
—
Gk Management Houston LLC
Kongs Mgmt New Orleans LLC
Grant Deed
related
—
Aug 9, 2010
—
Kongs Mgmt New Orleans LLC
Taylor,billy D
Grant Deed
related
—
Dec 15, 2008
—
Kongs Mgm New Orleans LLC
Taylor,billy D
Warranty Deed
related
—
—
—
Kongs Mgmt New Orleans LLC
—
Deed Of Trust
related
$125,000 · Billy D Taylor
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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