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Property profile & analytics
OFF-MARKET
Estimated value
$810,000
Automotive properties
14750 Memorial Dr Houston, TX 77079-5202
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2904301
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
15,665 SF
Lot
1.15 ac (50,094 SF)
APN
1011690000008
UPID
US82-2904301
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
-
Invisishield Big Box & Wholesale Store Auto Parts Store
-
DriverSource Car Dealership
-
Carpet Cleaning Memorial TX (Bike/Boat/Book/etc) Store
-
Bosch Service Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$775k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$847k
Blend (final)
Blend
$810k
Owner & transaction history
Memorial Drive Investment LLC · 9 yrs held
Memorial Drive Investment LLC
since 2016
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.0M
+24.8%
Retail stores
$960,000
+20.1%
Apartment house (5+ units)
$840,000
+4.8%
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
$775,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$800,000
Current use
MEDICAL BUILDING
$1,000,000
Change: +25% · Conversion: Difficult
RETAIL STORES
$960,000
Change: +20% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$840,000
Change: +5% · Conversion: Difficult
WAREHOUSE, STORAGE
$765,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$810k
Range $729k – $891k · ±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
$52 / 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
$43,475
Tax year 2022
Assessed value
$4,176,385
Assessed 2024
Previous assessed
$4,123,636
+1.3% YoY
Effective rate
1.04%
On assessed value
Assessed land
$2,003,760
Assessed improvement
$2,172,625
Land market value
$2,003,760
Improvement market value
$2,172,625
Total market value
$4,176,385
Applied tax rate
25.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
15,665 SF
Lot
1.15 ac (50,094 SF)
APN
1011690000008
UPID
US82-2904301
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
AUTO REPAIR, GARAGE Current
Est. value
$800,000
MEDICAL BUILDING
Est. value
$1.0M
RETAIL STORES
Est. value
$960,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$840,000
WAREHOUSE, STORAGE
Est. value
$765,000
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
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
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
1.15 ac
Current owner
From public records · entity-resolved
Memorial Drive Investment LLC
Entity
Mailing address
900 TOWN AND COUNTRY LN STE #210, HOUSTON, TX 77024-2229
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2016
—
Memorial Drive Investment LLC
—
Trustees Deed
related
$11,000,000 · Amegy Bk
May 3, 2010
—
Memorial Drive Investment LLC
—
Trustees Deed
related
$500,000 · Wallis State Bank
Oct 19, 2007
—
Memorial Drive Investment LLC
—
Trustees Deed
related
$4,500,000 · Wallis State Bank
—
—
Memorial Drive Investment LLC
—
Deed Of Trust
related
$8,000,000 · Amegy Bank NA
—
—
Memorial Drive Investment LLC
—
Loan Modification
related
$11,000,000 · Amegy Bk
—
—
Memorial Drive Investment LLC
—
Deed Of Trust
related
$3,000,000 · Amegy Bank NA
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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