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Property profile & analytics
OFF-MARKET
Estimated value
$1,760,000
Hotels
12801 Nwnw Fwy 279 Houston, TX 77040-6301
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2577295
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1980
Construction
CONCRETE BLOCKS
Total area
186,200 SF
Lot
6.62 ac (288,398 SF)
APN
1077670000002
UPID
US82-2577295
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
$1.76M
Owner & transaction history
Unique Crowne Hospitality LLC · 11 yrs held
Unique Crowne Hospitality LLC
since 2015
7 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 Houston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Houston 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
$9 / 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
$142,905
Tax year 2022
Assessed value
$10,754,352
Assessed 2024
Previous assessed
$10,985,271
-2.1% YoY
Effective rate
1.33%
On assessed value
Assessed land
$4,325,955
Assessed improvement
$6,428,397
Land market value
$4,325,955
Improvement market value
$6,428,397
Total market value
$10,754,352
Applied tax rate
4.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1980
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
10
Total area
186,200 SF
Lot
6.62 ac (288,398 SF)
APN
1077670000002
UPID
US82-2577295
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
Building & site characteristics
From public records
Year built
1980
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
10
Buildings
2
Lot
6.62 ac
Current owner
From public records · entity-resolved
Unique Crowne Hospitality LLC
Entity
Mailing address
1403 RAVENEL LN, SUGAR LAND, TX 77479-6658
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2015
—
Unique Crowne Hospitality LLC
Mlmt 2005-mkb2 Cp Houston LLC
Grant Deed
$10,000,000 · Amegy Bk
Jul 1, 2014
—
2005-mkb2 Crowne Plaza Ho Mlmt
Breaux Paul
Trustees Deed
related
—
Jun 29, 2004
—
Servico Houston INC
—
Deed Of Trust
related
$61,516,500 · Merrill Lynch Mortgage Lending
Dec 6, 2002
—
Servico Houston INC
—
Deed Of Trust
related
$224,036,325 · Merrill Lynch Mortgage Lending
Nov 25, 1997
—
Servico Houston INC
John Hancock Mutual Life Ins
Grant Deed
$42,550,000 · Herbert Goldman Trustee
—
—
Unique Crowne Hospitality LLC
—
Deed Of Trust
related
$5,000,000 · Amegy Bk
—
—
Unique Crowne Hospitality LLC
—
Loan Modification
related
$7,238,127 · Amegy Bk
—
—
Unique Crowne Hospitality LLC
—
Loan Modification
related
$5,000,000 · Amegy Bk
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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