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Property profile & analytics
OFF-MARKET
Estimated value
$1,500,000
Warehouses
12988 State Hwy 64th E Tyler, TX 75707-5336
Entity Owned
1-yr Hold
Free & Clear
Property ID
US82-4729635
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2019
Construction
STEEL FRAME
Total area
18,500 SF
Lot
1.24 ac (53,927 SF)
APN
1-00000-0869-00-021030
UPID
US82-4729635
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
-
Bin There Bought That Liquidator
-
Art Glass Studio Interior Design Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.48M
Comparable Approach
Comparable
$1.52M
Blend (final)
Blend
$1.50M
Owner & transaction history
Schober Outdoor Advertising LLC · 1 yrs held
Schober Outdoor Advertising LLC
since 2024
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.9M
+74.1%
Commercial (general)
$1.8M
+61.8%
Office building
$1.7M
+56.1%
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 Tyler submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tyler 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%
$1,600,000
6.5%
$1,480,000
7%
$1,375,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,105,000
Current use
RESTAURANT
$1,925,000
Change: +74% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,790,000
Change: +62% · Conversion: Difficult
OFFICE BUILDING
$1,725,000
Change: +56% · Conversion: Difficult
RETAIL STORES
$1,725,000
Change: +56% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,600,000
Change: +45% · Conversion: Easy
Blend value · Realmo final
$1.50M
Range $1.35M – $1.65M · ±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
$81 / 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
$15,713
Tax year 2024
Assessed value
$919,913
Assessed 2024
Previous assessed
$716,084
+28.5% YoY
Effective rate
1.71%
On assessed value
Assessed land
$59,320
Assessed improvement
$860,593
Land market value
$59,320
Improvement market value
$860,593
Total market value
$919,913
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2019
Construction
STEEL FRAME
Heating
NONE
Buildings
3
Stories
1
Total area
18,500 SF
Lot
1.24 ac (53,927 SF)
APN
1-00000-0869-00-021030
UPID
US82-4729635
Jurisdiction
SMITH
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
WAREHOUSE, STORAGE Current
Est. value
$1.1M
RESTAURANT
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.7M
RETAIL STORES
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.6M
WAREHOUSE, STORAGE Current
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
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
2019
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
3
Lot
1.24 ac
Current owner
From public records · entity-resolved
Schober Outdoor Advertising LLC
Entity
Free & Clear · 1 yrs held
Mailing address
308 DONELTON ST, CUMBY, TX 75433-2311
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
Aug 20, 2024
—
Schober Outdoor Advertising LLC
William Gilpin
Lease
—
Jan 25, 2022
—
Steven Hubbard
Randy L Hubbard
Intrafamily Transfer
related
$880,000 · Texas Bank
Jul 7, 2020
—
Randy L Hubbard
Steven Hubbard
Quit Claim Deed
related
—
Jun 2, 2020
—
Randy Hubbard
Steve Hubbard
Quit Claim Deed
related
$212,500 · Texas Nat'l Bk/jacksonville
Mar 1, 2019
—
Steven Hubbard
Smith,arthur L & William M JR
Warranty Deed
related
—
Dec 22, 2009
—
Arthur L Smith
Smith,karen
Quit Claim Deed
related
—
Nov 16, 2005
—
Karen Yarbrough
Smith,arthur L
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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