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Property profile & analytics
OFF-MARKET
Estimated value
$1,045,000
Grocery and convenience stores
12717 Johnson Ln Manchaca, TX 78652
Individually Owned
2-yr Hold
Free & Clear
Property ID
US82-4233152
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2020
Total area
6,510 SF
Lot
9.16 ac (399,097 SF)
APN
443280320
UPID
US82-4233152
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
$898k
Blend (final)
Blend
$1.05M
Owner & transaction history
Reagan Natl Advertising Of Austin L · 2 yrs held
Reagan Natl Advertising Of Austin L
since 2024
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$925,000
+316.5%
Office building
$845,000
+280.2%
Restaurant
$650,000
+193.2%
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 Manchaca submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manchaca 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
AUTO REPAIR, GARAGE
$925,000
Change: +316% · Conversion: Difficult
OFFICE BUILDING
$845,000
Change: +280% · Conversion: Moderate
RESTAURANT
$650,000
Change: +193% · Conversion: Difficult
COMMERCIAL (GENERAL)
$630,000
Change: +183% · Conversion: Easy
Blend value · Realmo final
$1.05M
Range $941k – $1.15M · ±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
$161 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$45,142
Tax year 2022
Assessed value
$3,195,368
Assessed 2023
Previous assessed
$3,195,368
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$3,192,774
Assessed improvement
$2,594
Land market value
$3,192,774
Improvement market value
$2,594
Total market value
$3,195,368
Applied tax rate
2.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2020
Heating
NONE
Stories
1
Total area
6,510 SF
Lot
9.16 ac (399,097 SF)
APN
443280320
UPID
US82-4233152
Jurisdiction
TRAVIS
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
AUTO REPAIR, GARAGE
Est. value
$925,000
OFFICE BUILDING
Est. value
$845,000
RESTAURANT
Est. value
$650,000
COMMERCIAL (GENERAL)
Est. value
$630,000
AUTO REPAIR, GARAGE
OFFICE BUILDING
RESTAURANT
COMMERCIAL (GENERAL)
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
2020
Heating
NONE
Stories
1
Lot
9.16 ac
Current owner
From public records · entity-resolved
Reagan Natl Advertising Of Austin L
Individual
Free & Clear · 2 yrs held
Mailing address
7301 BURLESON RD, AUSTIN, TX 78744-3207
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2024
—
Reagan Natl Advertising Of Austin L
Friends Real Estate LLC
Lease
—
Apr 8, 2019
—
Friends Real Estate INC
—
Deed
related
$1,480,373 · Wallis Bk
Jan 29, 2018
—
Friends Real Estate INC
—
Deed
related
—
Jan 9, 2018
—
Friends Real Estate INC
Aaijaj Badarpura
Venders Lien
$2,363,000 · Wallis State Bank
Oct 9, 2015
—
Aaijaj Badarpura
Lee Exa L
Grant Deed
—
—
—
Friends Real Estate INC
—
Loan Modification
related
$1,480,373 · Wallis Bk
—
—
Friends Real Estate INC
—
Deed Of Trust
related
—
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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