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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Hotels
16230 Nn Fwy 32 Houston, TX 77090-5516
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-9847160
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2014
Construction
WOOD FRAME
Total area
20,646 SF
Lot
0.81 ac (35,401 SF)
APN
1309180010007
UPID
US82-9847160
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
-
Downtowner Inns North Fwy, Houston, TX Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$605k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$436k
Blend (final)
Blend
$520k
Owner & transaction history
Adinatha LLC
Adinatha LLC
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$825,000
+104.1%
Apartment house (5+ units)
$730,000
+80.9%
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
$605,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$405,000
Current use
WAREHOUSE, STORAGE
$825,000
Change: +104% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$730,000
Change: +81% · Conversion: Difficult
Blend value · Realmo final
$520k
Range $468k – $572k · ±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
$25 / 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
$8,563
Tax year 2022
Assessed value
$1,205,089
Assessed 2024
Previous assessed
$1,045,161
+15.3% YoY
Effective rate
0.71%
On assessed value
Assessed land
$354,010
Assessed improvement
$851,079
Land market value
$354,010
Improvement market value
$851,079
Total market value
$1,205,089
Applied tax rate
24.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
2014
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
2
Total area
20,646 SF
Lot
0.81 ac (35,401 SF)
APN
1309180010007
UPID
US82-9847160
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
HOTEL/MOTEL Current
Est. value
$405,000
WAREHOUSE, STORAGE
Est. value
$825,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$730,000
HOTEL/MOTEL Current
WAREHOUSE, STORAGE
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
2014
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Lot
0.81 ac
Current owner
From public records · entity-resolved
Adinatha LLC
Entity
Mailing address
3615 OLD SPANISH TRL, HOUSTON, TX 77021-2204
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Adinatha LLC
—
Loan Modification
related
$128,590 · Ouachita Indpnt Bk
—
—
Adinatha LLC
—
Loan Modification
related
$1,189,020 · Bancorpsouth
—
—
Adinatha LLC
—
Loan Modification
related
$126,156 · Bancorpsouth
—
—
Adinatha LLC
—
Loan Modification
related
$1,168,770 · Bancorpsouth
—
—
Adinatha LLC
—
Deed Of Trust
related
$1,585,714 · First Svcs Cu
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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