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Property profile & analytics
OFF-MARKET
Estimated value
$4,255,000
Distribution centers
14803 Cypress N Houston Rd Cypress, TX 77429-3332
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-0239798
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2020
Construction
STEEL FRAME
Total area
226,804 SF
Lot
12.1 ac (527,185 SF)
APN
1386930010001
UPID
US83-0239798
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.26M
Owner & transaction history
Mpld Telge Road LLC · 4 yrs held
Mpld Telge Road LLC
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Cypress submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cypress 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$19 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$140,039
Tax year 2023
Assessed value
$20,300,000
Assessed 2024
Previous assessed
$20,300,000
+0.0% YoY
Effective rate
0.69%
On assessed value
Assessed land
$1,780,840
Assessed improvement
$18,519,160
Land market value
$1,780,840
Improvement market value
$18,519,160
Total market value
$20,300,000
Applied tax rate
4.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2020
Construction
STEEL FRAME
Heating
NONE
Cooling
CENTRAL
Buildings
1
Total area
226,804 SF
Lot
12.1 ac (527,185 SF)
APN
1386930010001
UPID
US83-0239798
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
Building & site characteristics
From public records
Year built
2020
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Buildings
1
Lot
12.1 ac
Current owner
From public records · entity-resolved
Mpld Telge Road LLC
Entity
Mailing address
9830 COLONNADE BLVD STE #600, SAN ANTONIO, TX 78230-2209
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2022
—
Mpld Telge Road LLC
Mpld Telge Road LLC
Intrafamily Transfer
related
$113,200,000 · Voya Investment Management LLC
Sep 6, 2019
—
Mpld Telge Road LLC
—
Loan Modification
related
$10,500,000 · Cadence Bk NA
Jun 28, 2019
—
Mpld Telge Road LLC
Telge 290 Business Park LP
Quit Claim Deed
related
—
Feb 22, 2016
—
Telge 290 Business Park LP
Lowery Barbara F
Grant Deed
related
—
Mar 12, 2015
—
Telge 290 Business Park LP
Cse Cypress Industrial LP
Warranty Deed
related
—
Mar 22, 2012
—
Scott,jason & Julie N
Lowery,barbara L
Grant Deed
related
—
Jun 3, 2010
—
Scott,jason B & Julie N
—
Trustees Deed
related
$848,000 · Wells Fargo Bk
—
—
Lowery,billie C & Barbara L
—
Deed Of Trust
related
$130,000 · Wells Fargo Bk
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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