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Property profile & analytics
OFF-MARKET
Office buildings
12502 Fm 1097th W Rd Willis, TX 77318-4920
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-2417281
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1978
Construction
FRAME
Total area
2,800 SF
Lot
3.94 ac (171,496 SF)
Zoning code
4
APN
0026-00-03300
UPID
US83-2417281
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
by Request
Owner & transaction history
Huddleston Ventures LLC · 9 yrs held
Huddleston Ventures LLC
since 2016
7 recorded transactions
Zoning & alternative use
4 · Willis, 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 Willis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Willis 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 2024Property tax & assessments
Tax year 2024
Tax billed
$10,068
Tax year 2024
Assessed value
$614,230
Assessed 2024
Previous assessed
$619,260
-0.8% YoY
Effective rate
1.64%
On assessed value
Assessed land
$428,730
Assessed improvement
$185,500
Land market value
$428,730
Improvement market value
$185,500
Total market value
$614,230
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
1978
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
2,800 SF
Lot
3.94 ac (171,496 SF)
Zoning code
4
APN
0026-00-03300
UPID
US83-2417281
Jurisdiction
MONTGOMERY
Zoning & alternative use
4 · Willis, TX
Zoning 4 · permitted uses
4 · Willis, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Willis. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
2
Lot
3.94 ac
Current owner
From public records · entity-resolved
Huddleston Ventures LLC
Entity
Mailing address
5902 ROYALTON ST, HOUSTON, TX 77081-2921
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 24, 2020
—
Vjp Holding LLC
—
Deed
related
$350,500 · Valerie J Keschinger
Mar 16, 2018
—
Vjp Holdings LLC
—
Deed
related
$748,135 · First Nat'l Bk/anderson
Nov 2, 2016
—
Huddleston Ventures LLC
Vjp Holdings LLC
Warranty Deed
$533,790 · Vjp Holdings LLC
Oct 21, 2009
—
Rak & Associates LLC
Jordan,fannie G
Warranty Deed
$481,000 · Newfirst National Bank
—
—
Vjp Holdings LLC
—
Loan Modification
related
$628,148 · First National Bank Anderson
—
—
Rak & Associates LLC
—
Deed Of Trust
related
$675,000 · First National Bank Anderson
—
—
Vjp Holdings LLC
—
Deed Of Trust
related
$748,135 · First Nat'l Bk/anderson
—
—
Fannie Jordan
—
Deed Of Trust
related
$258,948 · Wells Fargo Bank
—
—
Vjp Holding LLC
—
Deed Of Trust
related
$350,500 · Valerie J Keschinger
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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