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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
15205 Westheimer Rd Houston, TX 77082-1651
Entity Owned
21-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2585263
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Year built
2010
Construction
CONCRETE BLOCKS
Total area
7,912 SF
Lot
0.92 ac (39,949 SF)
APN
1227110010001
UPID
US82-2585263
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
-
Exxon Gas Station
-
Best Deal Wireless Mobile Phone Store Electronics & Wireless Store
-
ATM (ATM Link, Inc.) Atm
-
House of Smokez - Smoke Shop, Vape Shop, Dispensary, Kratom, CBD, Hookah, Delta 8, THC-A, & More Westheimer & HWY 6 (Bike/Boat/Book/etc) Store
-
Primos tacos Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
West Cypress Properties · 21 yrs held
West Cypress Properties
since 2004
6 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$15,241
Tax year 2022
Assessed value
$1,376,352
Assessed 2024
Previous assessed
$1,329,318
+3.5% YoY
Effective rate
1.11%
On assessed value
Assessed land
$319,600
Assessed improvement
$1,056,752
Land market value
$319,600
Improvement market value
$1,056,752
Total market value
$1,376,352
Applied tax rate
8.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Status
Off-Market
Year built
2010
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Total area
7,912 SF
Lot
0.92 ac (39,949 SF)
APN
1227110010001
UPID
US82-2585263
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
2010
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Buildings
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
West Cypress Properties
Entity
Mailing address
17230 OLD RICHMOND RD, SUGAR LAND, TX 77498-1255
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
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
Jul 23, 2004
—
West Cypress Properties
Westheimer Ents LLC
Quit Claim Deed
related
$1,480,000 · Southern National Bank Texas
—
—
S R M Business INC
—
Loan Modification
related
$1,164,389 · Enterprise Bk
—
—
S R M Business INC
—
Loan Modification
related
$1,164,389 · Enterprise Bk
—
—
West Cypress Properties
—
Deed Of Trust
related
$1,268,145 · Prosperity Bank
—
—
S R M Business INC
—
Deed Of Trust
related
$1,221,346 · Enterprise Bank
—
—
S R M Business INC
—
Loan Modification
related
$795,107 · Allegiance 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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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