Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Automotive properties
14599 Fm 1097th W Rd Willis, TX 77318-4968
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US83-2390611
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2014
Total area
14,266 SF
Lot
1.95 ac (84,811 SF)
Zoning code
4
APN
0012-01-03900
UPID
US83-2390611
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
$475k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$792k
Blend (final)
Blend
$635k
Owner & transaction history
Mcnees Investments LLC · 6 yrs held
Mcnees Investments LLC
since 2019
7 recorded transactions
Zoning & alternative use
4 · Willis, TX
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 Willis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Willis 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
$475,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$635k
Range $572k – $699k · ±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
$45 / 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
$18,886
Tax year 2024
Assessed value
$1,256,093
Assessed 2024
Previous assessed
$1,161,620
+8.1% YoY
Effective rate
1.50%
On assessed value
Assessed land
$169,650
Assessed improvement
$1,086,443
Land market value
$169,650
Improvement market value
$1,086,443
Total market value
$1,256,093
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2014
Heating
FORCED AIR
Cooling
CENTRAL
Bathrooms
2
Total area
14,266 SF
Lot
1.95 ac (84,811 SF)
Zoning code
4
APN
0012-01-03900
UPID
US83-2390611
Jurisdiction
MONTGOMERY
Zoning & alternative use
4 · Willis, TXZoning 4 · permitted uses
4 · Willis, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
ZONING DISTRICTS
Building & site characteristics
From public records
Year built
2014
Heating
FORCED AIR
Cooling
Yes
Bathrooms
2
Lot
1.95 ac
Current owner
From public records · entity-resolved
Mcnees Investments LLC
Entity
Mailing address
3436 INDIAN CRK RDG NW, GRAND RAPIDS, MI 49544-9429
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 27, 2025
—
Mcnees Investments LLC
—
Deed
related
$500,000 · West Michigan Community Bank
Oct 2, 2019
—
Mcnees Investments LLC
Richardson Interests INC
Venders Lien
$600,000 · West Michigan Community Bank
Sep 23, 2019
$270,025
Texas Transportation Comn
Richardson Interests INC
Grant Deed
—
Dec 27, 2016
—
Richardson Interests INC
—
Trustees Deed
related
$100,000 · Third Coast Bk Ssb
Feb 22, 2012
$2,380,000
Patriot Bk
Brame Argie D
Trustees Deed
related
—
Jan 5, 2011
—
Allen Acquisitions Ltd
—
Loan Modification
related
$3,457,612 · Patriot Bk/friendswood
Apr 1, 2010
—
Allen Acquisitions Ltd
—
Trustees Deed
related
$3,540,473 · Patriot Bank NA
Dec 22, 2009
—
Allen Acquisitions Ltd
—
Trustees Deed
related
$3,457,612 · Patriot Bank NA
Jan 25, 2005
—
Allen Acquisitions Ltd
T L Logeman Homebuilders Ltd
Warranty Deed
$270,000 · First State Bank
—
—
Allen Acquisition Ltd
—
Deed Of Trust
related
$270,000 · T L Logeman Homebuilders Ltd
—
—
Richardson Interests INC
—
Deed Of Trust
related
$570,000 · Third Coast Bk 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 14599 Fm 1097th W Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
