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Property profile & analytics
OFF-MARKET
Estimated value
$1,015,000
Warehouses
12880 Pearson Rd Montgomery, TX 77356-4904
Individually Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-2347477
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2015
Total area
7,000 SF
Lot
14 ac (609,840 SF)
Zoning code
3
APN
0203-00-02420
UPID
US83-2347477
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
-
Insul-Tronix Technologies, LLC Building Supply Electrical Service
-
A Storage Place Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.08M
Comparable Approach
Comparable
$951k
Blend (final)
Blend
$1.02M
Owner & transaction history
Scott P Dingman · 12 yrs held
Scott P Dingman
since 2014
4 recorded transactions
Zoning & alternative use
3 · Montgomery, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$830,000
+45.2%
Restaurant
$805,000
+40.8%
Office building
$730,000
+27.5%
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 Montgomery submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Montgomery 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%
$1,165,000
6.5%
$1,075,000
7%
$1,000,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$830,000
Change: +45% · Conversion: Difficult
RESTAURANT
$805,000
Change: +41% · Conversion: Difficult
OFFICE BUILDING
$730,000
Change: +28% · Conversion: Difficult
COMMERCIAL (GENERAL)
$700,000
Change: +22% · Conversion: Difficult
AUTO REPAIR, GARAGE
$640,000
Change: +11% · Conversion: Easy
Blend value · Realmo final
$1.02M
Range $914k – $1.12M · ±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
$145 / 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
$22,047
Tax year 2024
Assessed value
$1,410,915
Assessed 2024
Previous assessed
$1,406,000
+0.3% YoY
Effective rate
1.56%
On assessed value
Assessed land
$629,068
Assessed improvement
$781,847
Land market value
$629,068
Improvement market value
$781,847
Total market value
$1,410,915
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2015
Heating
NONE
Cooling
NONE
Buildings
2
Total area
7,000 SF
Lot
14 ac (609,840 SF)
Zoning code
3
APN
0203-00-02420
UPID
US83-2347477
Jurisdiction
MONTGOMERY
Zoning & alternative use
3 · Montgomery, TXZoning 3 · permitted uses
3 · Montgomery, TX
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
APARTMENT HOUSE (5+ UNITS)
Est. value
$830,000
RESTAURANT
Est. value
$805,000
OFFICE BUILDING
Est. value
$730,000
COMMERCIAL (GENERAL)
Est. value
$700,000
AUTO REPAIR, GARAGE
Est. value
$640,000
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
2015
Heating
NONE
Cooling
Yes
Buildings
2
Lot
14 ac
Current owner
From public records · entity-resolved
Scott P Dingman
Individual
Free & Clear · 12 yrs held
Mailing address
550 CLB DR STE #232, MONTGOMERY, TX 77316-3094
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2014
—
Scott P Dingman
Mann,robert A
Grant Deed
related
—
May 8, 2012
—
Aune Albanese
Mann,robert
Warranty Deed
related
—
Dec 6, 2010
—
Robert A Mann
Mann,nevada
Quit Claim Deed
related
—
Mar 1, 2009
—
Owner Name Unavailable
Copperfield Investments INC
Warranty Deed
related
$206,800 · Amarillo National 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.
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