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Property profile & analytics
OFF-MARKET
Estimated value
$7,455,000
Distribution centers
12552 Hwy 3rd 3, Webster, TX 77598-5422
Individually Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-2371693
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2008
Construction
STEEL FRAME
Total area
130,000 SF
Lot
31.2 ac (1,359,259 SF)
APN
1322740010001
UPID
US82-2371693
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
$7.20M
Blend (final)
Blend
$7.46M
Owner & transaction history
Columbia Texas Galveston Indl · 9 yrs held
Columbia Texas Galveston Indl
since 2016
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$10.4M
+103.2%
Apartment house (5+ units)
$9.4M
+85.3%
Office building
$8.9M
+74.5%
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 Webster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Webster 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
WAREHOUSE, STORAGE
$5,095,000
Current use
COMMERCIAL (GENERAL)
$10,355,000
Change: +103% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$9,445,000
Change: +85% · Conversion: Difficult
OFFICE BUILDING
$8,895,000
Change: +74% · Conversion: Difficult
AUTO REPAIR, GARAGE
$8,050,000
Change: +58% · Conversion: Easy
MEDICAL BUILDING
$7,765,000
Change: +52% · Conversion: Difficult
RESTAURANT
$7,670,000
Change: +50% · Conversion: Difficult
RETAIL STORES
$5,405,000
Change: +6% · Conversion: Moderate
Blend value · Realmo final
$7.46M
Range $6.71M – $8.20M · ±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
$57 / 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
$549,080
Tax year 2023
Assessed value
$55,761,255
Assessed 2024
Previous assessed
$55,761,255
+0.0% YoY
Effective rate
0.98%
On assessed value
Assessed land
$4,534,807
Assessed improvement
$51,226,448
Land market value
$4,534,807
Improvement market value
$51,226,448
Total market value
$55,761,255
Applied tax rate
21.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2008
Construction
STEEL FRAME
Heating
NONE
Cooling
CENTRAL
Buildings
3
Total area
130,000 SF
Lot
31.2 ac (1,359,259 SF)
APN
1322740010001
UPID
US82-2371693
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
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$5.1M
COMMERCIAL (GENERAL)
Est. value
$10.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$9.4M
OFFICE BUILDING
Est. value
$8.9M
AUTO REPAIR, GARAGE
Est. value
$8.1M
MEDICAL BUILDING
Est. value
$7.8M
RESTAURANT
Est. value
$7.7M
RETAIL STORES
Est. value
$5.4M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RESTAURANT
RETAIL STORES
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
2008
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Buildings
3
Lot
31.2 ac
Current owner
From public records · entity-resolved
Columbia Texas Galveston Indl
Individual
Free & Clear · 9 yrs held
Mailing address
120 N LA SALLE ST STE #2900, CHICAGO, IL 60602-2937
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 7, 2017
—
Columbia Texas Galveston Indl
—
Deed
related
$18,560,000 · Miscellaneous Ins Co
Aug 5, 2016
—
Columbia Texas Galveston Indl
Kdc Houston Industrial One LLC
Grant Deed
related
—
Oct 17, 2005
—
Juan-hijo Investments Ltd
Madden,russell
Warranty Deed
$960,000 · Sterling Bank
—
—
Juan-hijo Investments Ltd
—
Deed Of Trust
related
$1,045,000 · Trustmark National Bank
—
—
Columbia Texas Galveston Indl
—
Deed Of Trust
related
$18,560,000 · Miscellaneous Ins Co
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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