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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Warehouses
13309 Kidd Rd Conroe, TX 77302-7610
Individually Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-2460230
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2015
Construction
FRAME
Total area
6,696 SF
Lot
5 ac (217,800 SF)
Zoning code
1
APN
0476-01-04100
UPID
US83-2460230
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
$635k
Comparable Approach
Comparable
$746k
Blend (final)
Blend
$690k
Owner & transaction history
Connie Benton-rice · 19 yrs held
Connie Benton-rice
since 2007
3 recorded transactions
Zoning & alternative use
1 · Conroe, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.0M
+28.0%
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 Conroe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conroe 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%
$690,000
6.5%
$635,000
7%
$590,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$815,000
Current use
COMMERCIAL (GENERAL)
$1,040,000
Change: +28% · Conversion: Difficult
RESTAURANT
$795,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$690k
Range $621k – $759k · ±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
$103 / 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
$12,214
Tax year 2024
Assessed value
$758,860
Assessed 2024
Previous assessed
$768,600
-1.3% YoY
Effective rate
1.61%
On assessed value
Assessed land
$217,800
Assessed improvement
$541,060
Land market value
$217,800
Improvement market value
$541,060
Total market value
$758,860
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
2015
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
2
Total area
6,696 SF
Lot
5 ac (217,800 SF)
Zoning code
1
APN
0476-01-04100
UPID
US83-2460230
Jurisdiction
MONTGOMERY
Zoning & alternative use
1 · Conroe, TX
Zoning 1 · permitted uses
1 · Conroe, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Conroe. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$815,000
COMMERCIAL (GENERAL)
Est. value
$1.0M
RESTAURANT
Est. value
$795,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
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
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
2
Lot
5 ac
Current owner
From public records · entity-resolved
Connie Benton-rice
Individual
Mailing address
303 CALLE SEVILLA PL, HOUSTON, TX 77007-1162
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2007
—
Connie Benton-rice
Fick,wanda J
Warranty Deed
$285,000 · Wanda J Fick
Jan 18, 2006
—
Wanda J Fick
Fick,mark L & Terry K
Quit Claim Deed
related
—
—
—
Leroy G Fick
—
Deed Of Trust
related
$89,600 · First American Bank Texas Ssb
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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