Technical
Financial
Distress signals
Property profile

1615 Hwy 2004 Richwood, TX 77531

OFF-MARKET
Warehouses
Property ID
US83-1762810
7,500 SF 0.73 ac lot Built 2013
Entity Owned 13-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2013
Total area 7,500 SF
Lot 0.73 ac (31,929 SF)
APN 4360-0000-213
UPID US83-1762810

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1615 Hwy 2004 Richwood, TX 77531-2238
Richwood metro Census 663700 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$511k
Blend (final) Blend
$505k

Owner & transaction history

since 2013
6 recorded transactions
2013
Price N/A
2012
Price N/A
2012
Price N/A
2012
Price N/A
2011
$7,700
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Medical building $675,000 +18.6%
Retail stores $655,000 +15.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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