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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Warehouses
1400 Durant St, Alvin, TX 77511-3233
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-3072886
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1982
Total area
4,200 SF
Lot
3.01 ac (131,116 SF)
APN
0449-0121-110
UPID
US82-3072886
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
-
Extra Space Storage Storage Facility
-
Alvin Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$575k
CAP Approach
CAP
$410k
Comparable Approach
Comparable
$538k
Blend (final)
Blend
$555k
Owner & transaction history
Alvin Temp 1 Mort LLC · 2 yrs held
Alvin Temp 1 Mort LLC
since 2024
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$915,000
+147.6%
Office building
$550,000
+48.3%
Auto repair, garage
$500,000
+34.6%
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 Alvin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alvin 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
$575,000
CAP Approach
CAP Return
Estimation
6%
$445,000
6.5%
$410,000
7%
$385,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$370,000
Current use
COMMERCIAL (GENERAL)
$915,000
Change: +148% · Conversion: Difficult
OFFICE BUILDING
$550,000
Change: +48% · Conversion: Difficult
AUTO REPAIR, GARAGE
$500,000
Change: +35% · Conversion: Easy
RETAIL STORES
$485,000
Change: +31% · Conversion: Moderate
MEDICAL BUILDING
$360,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
$132 / 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
$112,221
Tax year 2024
Assessed value
$5,538,890
Assessed 2024
Previous assessed
$4,502,320
+23.0% YoY
Effective rate
2.03%
On assessed value
Assessed land
$153,410
Assessed improvement
$5,385,480
Land market value
$153,410
Improvement market value
$5,385,480
Total market value
$5,538,890
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1982
Heating
NONE
Buildings
9
Rooms
60
Total area
4,200 SF
Lot
3.01 ac (131,116 SF)
APN
0449-0121-110
UPID
US82-3072886
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
WAREHOUSE, STORAGE Current
Est. value
$370,000
COMMERCIAL (GENERAL)
Est. value
$915,000
OFFICE BUILDING
Est. value
$550,000
AUTO REPAIR, GARAGE
Est. value
$500,000
RETAIL STORES
Est. value
$485,000
MEDICAL BUILDING
Est. value
$360,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL 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
1982
Heating
NONE
Buildings
9
Rooms
60
Lot
3.01 ac
Current owner
From public records · entity-resolved
Alvin Temp 1 Mort LLC
Entity
Mailing address
14923 VLG ELM ST, HOUSTON, TX 77062-2914
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 14, 2024
—
Alvin Temp 1 Mort LLC
Alvinst LLC
Special Warranty Deed
—
Dec 1, 2016
—
Alvinst LLC
Smith,olin G & Lilyette S
Warranty Deed
—
—
—
Olin G Smith
—
Deed Of Trust
related
$1,900,000 · Miscellaneous Ins Co
—
—
Olin G Smith
—
Deed Of Trust
related
$400,000 · Comerica Bank
—
—
Olin G Smith
—
Deed Of Trust
related
$1,708,453 · Comerica Bank
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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