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Property profile & analytics
OFF-MARKET
Estimated value
$8,305,000
Distribution centers
1321 La Porte Fwy Pasadena, TX 77506
Entity Owned
Absentee Owner
Free & Clear
Property ID
US82-9862193
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2017
Total area
83,559 SF
Lot
5.65 ac (245,983 SF)
APN
410340030160
UPID
US82-9862193
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
$7.04M
Blend (final)
Blend
$8.31M
Owner & transaction history
CARSON VA INDUSTIAL
CARSON VA INDUSTIAL
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$11.4M
+108.0%
Auto repair, garage
$10.5M
+92.3%
Retail stores
$8.7M
+59.2%
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 Pasadena submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pasadena 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,480,000
Current use
RESTAURANT
$11,400,000
Change: +108% · Conversion: Difficult
AUTO REPAIR, GARAGE
$10,545,000
Change: +92% · Conversion: Easy
RETAIL STORES
$8,730,000
Change: +59% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$7,520,000
Change: +37% · Conversion: Difficult
MEDICAL BUILDING
$6,085,000
Change: +11% · Conversion: Difficult
OFFICE BUILDING
$5,015,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$8.31M
Range $7.47M – $9.14M · ±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
$99 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$85,585
Tax year 2023
Assessed value
$7,903,397
Assessed 2024
Previous assessed
$7,903,397
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$983,932
Assessed improvement
$6,919,465
Land market value
$983,932
Improvement market value
$6,919,465
Total market value
$7,903,397
Applied tax rate
21.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2017
Heating
NONE
Cooling
NONE
Buildings
1
Total area
83,559 SF
Lot
5.65 ac (245,983 SF)
APN
410340030160
UPID
US82-9862193
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
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$5.5M
RESTAURANT
Est. value
$11.4M
AUTO REPAIR, GARAGE
Est. value
$10.5M
RETAIL STORES
Est. value
$8.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.5M
MEDICAL BUILDING
Est. value
$6.1M
OFFICE BUILDING
Est. value
$5.0M
WAREHOUSE, STORAGE Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
OFFICE BUILDING
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
2017
Heating
NONE
Cooling
Yes
Buildings
1
Lot
5.65 ac
Current owner
From public records · entity-resolved
CARSON VA INDUSTIAL
Individual
Free & Clear · 0 yrs held
Mailing address
100 BAYVIEW CIR STE #3500, NEWPORT BEACH, CA 92660-8938
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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