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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Grocery and convenience stores
12922 Hwy 35, West Columbia, TX 77486
Individually Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-8917989
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2021
Total area
7,000 SF
Lot
10 ac (435,600 SF)
APN
0040-0502-000
UPID
US82-8917989
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
$350k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$711k
Blend (final)
Blend
$530k
Owner & transaction history
Mary E Montoya · 7 yrs held
Mary E Montoya
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$815,000
+144.9%
Medical building
$600,000
+80.5%
Warehouse, storage
$585,000
+76.5%
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 West Columbia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Columbia 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
$350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$330,000
Current use
RETAIL STORES
$815,000
Change: +145% · Conversion: Easy
MEDICAL BUILDING
$600,000
Change: +80% · Conversion: Difficult
WAREHOUSE, STORAGE
$585,000
Change: +76% · Conversion: Difficult
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$76 / 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 2018Property tax & assessments
Tax year 2018
Tax billed
$2,235
Tax year 2018
Assessed value
$2,140,000
Assessed 2023
Previous assessed
$235,760
+807.7% YoY
Effective rate
0.10%
On assessed value
Assessed land
$195,000
Assessed improvement
$1,945,000
Land market value
$195,000
Improvement market value
$1,945,000
Total market value
$2,140,000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2021
Heating
NONE
Total area
7,000 SF
Lot
10 ac (435,600 SF)
APN
0040-0502-000
UPID
US82-8917989
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
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$330,000
RETAIL STORES
Est. value
$815,000
MEDICAL BUILDING
Est. value
$600,000
WAREHOUSE, STORAGE
Est. value
$585,000
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
2021
Heating
NONE
Lot
10 ac
Current owner
From public records · entity-resolved
Mary E Montoya
Individual
Free & Clear · 7 yrs held
Mailing address
4803 TARRAGONA LN, LEAGUE CITY, TX 77573-6878
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Dec 20, 2024
—
Arish Fortune LLC
—
Deed
related
$2,465,000 · Home Bank NA
Mar 28, 2019
—
Mary E Montoya
Montoya,mary E & Mary I
Quit Claim Deed
related
—
Oct 18, 2018
—
Wyatt Ringgold
French,michael R
Warranty Deed
related
—
Aug 24, 2018
—
Arish Fortune LLC
Aiman Real Properties INC
Warranty Deed
—
Jul 25, 2018
—
Arish Fortune LLC
Aiman Real Properties INC
Warranty Deed
—
Jun 1, 2015
—
Harold R Sisson II
Chiselle Curwick
Venders Lien
$32,000 · Prosperity Bank
Sep 4, 2009
—
Chiselle Curwick
Lawson,fay
Warranty Deed
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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