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Property profile & analytics
OFF-MARKET
Retail space
126 Velasco St 288B Angleton, TX 77515-4437
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US83-4121710
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1900
Total area
5,074 SF
Lot
0.15 ac (6,534 SF)
APN
1310-0122-000
UPID
US83-4121710
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
-
Brazos Avenue Market Clothing & Fashion Store
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
Dees Properties LLC · 9 yrs held
Dees Properties LLC
since 2017
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 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
$8,925
Tax year 2018
Assessed value
$590,060
Assessed 2023
Previous assessed
$436,640
+35.1% YoY
Effective rate
1.51%
On assessed value
Assessed land
$38,220
Assessed improvement
$551,840
Land market value
$38,220
Improvement market value
$551,840
Total market value
$590,060
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1900
Heating
PACKAGE
Cooling
CENTRAL
Rooms
12
Total area
5,074 SF
Lot
0.15 ac (6,534 SF)
APN
1310-0122-000
UPID
US83-4121710
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
1900
Heating
PACKAGE
Cooling
Yes
Rooms
12
Lot
0.15 ac
Current owner
From public records · entity-resolved
Dees Properties LLC
Entity
Mailing address
113 N VELASCO ST STE B, ANGLETON, TX 77515-4495
Ownership since
2017
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
Jun 10, 2019
—
Dees Properties LLC
—
Deed
related
$340,000 · Prosperity Bk
May 17, 2017
—
Dees Properties LLC
Lone Star Legal Aid
Warranty Deed
$320,000 · Bruce & Donna Cranfill
Oct 31, 2006
—
Star Legal Aid Lone
Mcelya J A Lifetime Trust
Grant Deed
$210,000 · Bancorp South Bank
Aug 9, 2005
—
Mcelya Russell L Trust
Mcelya,richard L
Quit Claim Deed
related
—
—
—
Dees Properties LLC
—
Deed Of Trust
related
$340,000 · Prosperity Bk
—
—
Star Legal Aid Lone
—
Deed Of Trust
related
$325,000 · Bancorp South Bank
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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