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Property profile & analytics
OFF-MARKET
Estimated value
$905,000
Warehouses
16030 Bear Byu Dr, Channelview, TX 77530-2821
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US83-3249969
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1978
Construction
METAL FRAME
Total area
23,874 SF
Lot
5.06 ac (220,392 SF)
APN
680870000024
UPID
US83-3249969
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
-
RUS Industrial, LLC Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$695k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.12M
Blend (final)
Blend
$905k
Owner & transaction history
Rus Real Properties LLC · 13 yrs held
Rus Real Properties LLC
since 2012
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 Channelview submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Channelview 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
$695,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,470,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$905k
Range $815k – $996k · ±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
$38 / 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
$19,695
Tax year 2023
Assessed value
$2,584,551
Assessed 2024
Previous assessed
$2,584,551
+0.0% YoY
Effective rate
0.76%
On assessed value
Assessed land
$1,212,151
Assessed improvement
$1,372,400
Land market value
$1,212,151
Improvement market value
$1,372,400
Total market value
$2,584,551
Applied tax rate
6.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1978
Construction
METAL FRAME
Heating
NONE
Cooling
NONE
Buildings
7
Stories
1
Total area
23,874 SF
Lot
5.06 ac (220,392 SF)
APN
680870000024
UPID
US83-3249969
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
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS)
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
1978
Construction
METAL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
7
Lot
5.06 ac
Current owner
From public records · entity-resolved
Rus Real Properties LLC
Entity
Mailing address
16030 BEAR BYU DR, CHANNELVIEW, TX 77530-2821
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
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
Mar 18, 2019
—
Rus Real Proerties LLC
—
Deed
related
$7,500,000 · Spirit Of Tx Bk Ssb
Nov 20, 2018
—
Rus Real Properties LLC
—
Deed
related
$500,000 · Spirit Of Tx Bk Ssb
Apr 10, 2017
—
Rus Real Properties LLC
—
Trustees Deed
related
$750,000 · Spirit Of Tx Bk Ssb
May 4, 2016
—
Rus Real Properties LLC
—
Trustees Deed
related
$2,500,000 · Spirit Of Tx Bk Ssb
Jul 12, 2012
—
Rus Real Properties LLC
Rig-up Services LLC
Warranty Deed
$2,032,000 · J P Morgan Chase Bank
Aug 18, 2008
—
Rig Up Services INC
Rig Up Electrical Services INC
Venders Lien
$1,000,000 · Wells Fargo Bank NA
May 29, 2007
—
Rig-up Electrical Services INC
—
Trustees Deed
related
$2,535,000 · Bank Of England
May 24, 2004
—
Rig-up Electrical Services INC
Sulzer Pumps Us INC
Grant Deed
$498,000 · Bank Of England
—
—
Rus Real Properties LLC
—
Deed Of Trust
related
$500,000 · Spirit Of Tx Bk Ssb
—
—
Rus Real Proerties LLC
—
Loan Modification
related
$7,500,000 · Spirit Of Tx Bk Ssb
—
—
Rus Real Properties LLC
—
Deed Of Trust
related
$1,700,000 · Spirit Of Tx 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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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