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Property profile & analytics
OFF-MARKET
Estimated value
$2,490,000
Automotive properties
15865 Katy Fwy Houston, TX 77094-1703
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-4035392
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2000
Construction
WOOD FRAME
Total area
32,020 SF
Lot
8 ac (348,393 SF)
APN
1211640010001
UPID
US83-4035392
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
-
ChargePoint Charging Station Electric Vehicle Charging Station
-
Audi West Houston Car Dealership
-
Hertz car rental Car Rental Facility
-
Audi West Houston Service Center Auto Repair Shop
-
Audi on demand Car Rental Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.49M
Owner & transaction history
Sre Texas 14 LLC · 10 yrs held
Sre Texas 14 LLC
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.2M
+8.3%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,990,000
Current use
RESTAURANT
$3,235,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$2.49M
Range $2.24M – $2.74M · ±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
$78 / 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
$356,212
Tax year 2022
Assessed value
$17,203,461
Assessed 2024
Previous assessed
$16,387,522
+5.0% YoY
Effective rate
2.07%
On assessed value
Assessed land
$8,289,019
Assessed improvement
$8,914,442
Land market value
$8,289,019
Improvement market value
$8,914,442
Total market value
$17,203,461
Applied tax rate
19.0000
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
2000
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
32,020 SF
Lot
8 ac (348,393 SF)
APN
1211640010001
UPID
US83-4035392
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
$3.0M
RESTAURANT
Est. value
$3.2M
AUTO REPAIR, GARAGE Current
RESTAURANT
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
2000
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
8 ac
Current owner
From public records · entity-resolved
Sre Texas 14 LLC
Entity
Mailing address
4401 COLWICK RD, CHARLOTTE, NC 28211-2311
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2016
—
Sre Texas 14 LLC
Cars Properties Holdings LLC
Grant Deed
$17,840,000 · Vw Credit
Mar 30, 2016
—
Cars Properties Holdings LLC
Cars Sonrou Fin LP
Quit Claim Deed
related
—
Jun 9, 2014
—
Cars Sonrou Fin LP
Rmc Autosonic Bmwn LP
Grant Deed
related
—
Apr 25, 2008
—
Autosonic Bmwn Invtrs 25 L Rmc
Rmc Autosonic Bmwn
Quit Claim Deed
related
$14,635,347 · Mc-cfc Trust 2006-4 (tr)
Feb 20, 2008
—
Autosonic Bmwn Invtrs 17 L Rmc
Rmc Autosonic Bmwn
Quit Claim Deed
related
$14,685,481 · Rmc Autosonic Bmwn Invtrs 17 L
Feb 15, 2008
—
Autosonic Bmwn Invtrs 24 L Rmc
Rmc Autosonic Bmwn
Quit Claim Deed
related
—
Dec 5, 2007
—
Autosonic Bmwn Invtrs 19 L Rmc
Rmc Autosonic Bmwn
Quit Claim Deed
related
—
Nov 29, 2007
—
Autosonic Bmwn Invtrs 21 L Rmc
Rmc Autosonic Bmwn
Quit Claim Deed
related
$14,699,227 · Ml-cfc Com'l Mt Tr 2006-4 (tr)
Nov 2, 2007
—
Autosonic Bmwn Invtrs 15 L Rmc
Rmc Autosonic Bmwn
Quit Claim Deed
related
$14,710,116 · Merrill Lynch Mortgage Lending
Apr 11, 2007
—
Autosonic Bmwn Invtrs 12 L Rmc
Rmc Autosonic Bmwn
Quit Claim Deed
related
$14,792,774 · Ml-cfc Com'l Mt Tr 2006-4 (tr)
Feb 2, 2007
—
Rmc Autosonic Bmwn Invtrs 7 Ll
Rmc Autosonic Bmwn
Quit Claim Deed
related
$14,821,741 · Ml-cfc Com'l Mt Tr 2006-4 (tr)
May 9, 2006
—
Rmc Autosonic Bmwn LP
Nicpa Of West Houston Ltd
Special Warranty Deed
$14,900,000 · Merrill Lynch Mortgage Lending INC
Jul 7, 2004
—
Nicpa Of West Houston Ltd
Chrysler Realty Co LLC
Grant Deed
$8,000,000 · International Bank Of Commerce
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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