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Property profile & analytics
OFF-MARKET
Office buildings
1250 Wood Br Park Dr 346 Houston, TX 77079-1207
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-1897396
Property profile
Verified
Property type
Office buildings
Use group
SKYSCRAPER/HIGH-RISE (COM OFFICES)
Year built
1981
Construction
STEEL FRAME
Total area
107,587 SF
Lot
3.63 ac (158,149 SF)
APN
1147970000007
UPID
US82-1897396
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
-
Hyperfocal Communications Marketing & Advertising Advertising Agency
-
Emergent Professional Resource Employment Agency
-
Veritas AEC Engineering Consultant
-
Fleming Law Personal Injury Attorney - Houston Law Firm
-
Zaretsky Aesthetics Spa & Massage Center Alternative Medicine Practice
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
Ccmt LLC · 5 yrs held
Ccmt LLC
since 2020
7 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
—
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
$192,758
Tax year 2022
Assessed value
$9,074,340
Assessed 2024
Previous assessed
$8,867,815
+2.3% YoY
Effective rate
2.12%
On assessed value
Assessed land
$5,930,588
Assessed improvement
$3,143,752
Land market value
$5,930,588
Improvement market value
$3,143,752
Total market value
$9,074,340
Applied tax rate
19.0000
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
SKYSCRAPER/HIGH-RISE (COM OFFICES)
Status
Off-Market
Year built
1981
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
6
Total area
107,587 SF
Lot
3.63 ac (158,149 SF)
APN
1147970000007
UPID
US82-1897396
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
1981
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
6
Buildings
2
Lot
3.63 ac
Current owner
From public records · entity-resolved
Ccmt LLC
Entity
Free & Clear · 5 yrs held
Mailing address
9219 KATY FWY STE #291, HOUSTON, TX 77024-1588
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2023
—
Ccmt LLC
—
Deed
related
$1,000,000 · Bank Of America NA
Dec 28, 2020
—
Ccmt LLC
Dig Wb & W LLC
Grant Deed
related
—
Mar 12, 2020
—
Dig Wb & W LLC
—
Deed
related
$17,942,057 · Prosperity Bk
Dec 29, 2014
—
Dig Wb & W LLC
—
Loan Modification
related
$17,942,057 · Viewpoint Bk
Sep 30, 2013
—
Dig Wb & W LLC
Ppbc 1 LP
Grant Deed
$2,250,000 · Viewpoint Bank
Jul 26, 2011
—
Ppbc 1 LP
General Elec Cr Equities
Grant Deed
$14,000,000 · Nexbank Ssb
Jun 1, 2010
$22,825,873
Electric Credit Equiti
Kosub Bruce E
Trustees Deed
related
—
Mar 15, 2007
—
Eohto I Owner LLC
Caroline Partners Ltd
Grant Deed
$27,000,000 · Countrywide Com'l R E Fin
—
—
Dig Wb & W LLC
—
Loan Modification
related
$17,942,057 · Prosperity 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.
Try Rey
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