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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Auto shops
12762 Hwy 105th E Conroe, TX 77306-5309
Individually Owned
5-yr Hold
Free & Clear
Property ID
US83-2389688
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2011
Total area
5,598 SF
Lot
10.3 ac (448,537 SF)
Zoning code
1
APN
0140-00-00450
UPID
US83-2389688
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
$345k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$775k
Blend (final)
Blend
$560k
Owner & transaction history
State Of Texas · 5 yrs held
State Of Texas
since 2020
7 recorded transactions
Zoning & alternative use
1 · Conroe, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Development Guide
Top alternative use upside
Commercial (general)
$920,000
+83.8%
Restaurant
$665,000
+33.4%
Warehouse, storage
$515,000
+3.4%
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 Conroe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conroe 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
$345,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$500,000
Current use
COMMERCIAL (GENERAL)
$920,000
Change: +84% · Conversion: Moderate
RESTAURANT
$665,000
Change: +33% · Conversion: Difficult
WAREHOUSE, STORAGE
$515,000
Change: +3% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$510,000
Change: +2% · Conversion: Difficult
OFFICE BUILDING
$450,000
Change: -10% · Conversion: Difficult
RETAIL STORES
$425,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$560k
Range $504k – $616k · ±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
$100 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$29,531
Tax year 2024
Assessed value
$1,860,000
Assessed 2024
Previous assessed
$1,860,000
+0.0% YoY
Effective rate
1.59%
On assessed value
Assessed land
$897,040
Assessed improvement
$962,960
Land market value
$897,040
Improvement market value
$962,960
Total market value
$1,860,000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2011
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
5
Bathrooms
2
Total area
5,598 SF
Lot
10.3 ac (448,537 SF)
Zoning code
1
APN
0140-00-00450
UPID
US83-2389688
Jurisdiction
MONTGOMERY
Zoning & alternative use
1 · Conroe, TXZoning 1 · permitted uses
1 · Conroe, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Development Guide
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$500,000
COMMERCIAL (GENERAL)
Est. value
$920,000
RESTAURANT
Est. value
$665,000
WAREHOUSE, STORAGE
Est. value
$515,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$510,000
OFFICE BUILDING
Est. value
$450,000
RETAIL STORES
Est. value
$425,000
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
WAREHOUSE, STORAGE
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
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
2011
Heating
FORCED AIR
Cooling
Yes
Buildings
5
Bathrooms
2
Lot
10.3 ac
Current owner
From public records · entity-resolved
State Of Texas
Individual
Free & Clear · 5 yrs held
Mailing address
12762 HWY 105TH E, CONROE, TX 77306-5309
Mailing matches property
Yes
Owner-occupied
Yes
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2020
—
Six Star Property INC
—
Deed
related
$2,600,000 · American First Nat'l Bk
Oct 29, 2020
—
State Of Texas
Six Star Property INC
Grant Deed
related
—
Sep 16, 2020
$183,073
Texas Transportation Comn
Greg A Searcy
Grant Deed
—
Aug 31, 2018
—
Six Star Property INC
—
Deed
related
$100,000 · Southwestern Nat'l Bk
Aug 2, 2018
—
Greg A Searcy
—
Deed
related
—
Jan 3, 2018
—
Six Star Property INC
—
Deed
related
$2,600,000 · Southwestern Nat'l Bk
Jun 18, 2009
—
Greg A Searcy
Harry Harris
Warranty Deed
$356,250 · First Bank Of Conroe NA
Jul 3, 2007
—
Harry Harris
Turner,joseph F & Carol J
Warranty Deed
related
—
—
—
Greg A Searcy
—
Deed Of Trust
related
$283,675 · First Bank Conroe NA
—
—
Greg A Searcy
—
Loan Modification
related
$154,658 · First Bk
—
—
Greg A Searcy
—
Loan Modification
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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