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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Retail space
136 Crosstimbers St Houston, TX 77022-4416
Individually Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-1047084
Property summary
AI-generated overview
This exceptional investment opportunity presents a 9,014 square foot Dollar General storefront located at 136 E Crosstimbers St, Houston, TX 77022. The property sits on a 0.77-acre lot and boasts a strong location within a densely populated residential area, with over 386,724 residents within a 5-mile radius. Benefitting from high visibility on Crosstimbers Rd, experiencing traffic counts exceeding 17,000 vehicles daily, this property is surrounded by numerous national retailers including Walmart, McDonald's, Walgreens, and more. The property features a Net Lease (NNN) structure with a corporate guarantee from Dollar General, an investment-grade tenant with an S&P credit rating of BBB, minimizing landlord responsibilities. The current lease, commencing May 1, 2010, has a remaining term of approximately 0.4 years, with a 1 x 2-year option. The asking price is $1,115,000, representing a price per square foot of $123.70 and a 6.75% cap rate based on a current NOI of $75,114. Built in 2010, this property offers a value-add opportunity due to below-market rent and the short remaining lease term. The property is currently 100% occupied. This is a rare chance to acquire a well-located, high-performing retail asset with a strong tenant.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2009
Construction
METAL FRAME
Total area
9,301 SF
Lot
0.77 ac (33,406 SF)
APN
1310130010001
UPID
US82-1047084
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
-
Dollar General Discount Store
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$450k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$873k
Blend (final)
Blend
$660k
Owner & transaction history
Garay,norma I · 20 yrs held
Garay,norma I
since 2006
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.1M
+34.8%
Auto repair, garage
$935,000
+17.2%
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 Houston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Houston 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
$450,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$800,000
Current use
RESTAURANT
$1,075,000
Change: +35% · Conversion: Easy
AUTO REPAIR, GARAGE
$935,000
Change: +17% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$690,000
Change: -14% · Conversion: Difficult
OFFICE BUILDING
$685,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$660k
Range $594k – $726k · ±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
$71 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$24,027
Tax year 2022
Assessed value
$1,349,989
Assessed 2024
Previous assessed
$1,192,502
+13.2% YoY
Effective rate
1.78%
On assessed value
Assessed land
$534,496
Assessed improvement
$815,493
Land market value
$534,496
Improvement market value
$815,493
Total market value
$1,349,989
Applied tax rate
1.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2009
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
9,301 SF
Lot
0.77 ac (33,406 SF)
APN
1310130010001
UPID
US82-1047084
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
RETAIL STORES Current
Est. value
$800,000
RESTAURANT
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$935,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$690,000
OFFICE BUILDING
Est. value
$685,000
RETAIL STORES Current
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
2009
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
0.77 ac
Current owner
From public records · entity-resolved
Garay,norma I
Individual
Mailing address
4629 MIMOSA DR, BELLAIRE, TX 77401-5815
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2006
—
Garay,norma I
Golnoghly,hadi
Warranty Deed
$35,000 · Hadi Golnoghly
Nov 10, 1999
—
Hadi Golnoghly
Marrero,marco
Grant Deed
$125,000 · Seller
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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