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Property profile & analytics
OFF-MARKET
Estimated value
$1,720,000
Flex space
1626 Cherry St Tomball, TX 77375-6615
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US82-2470123
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2008
Construction
STEEL FRAME
Total area
65,250 SF
Lot
11.45 ac (498,631 SF)
APN
1299580010001
UPID
US82-2470123
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
-
Real Life Counseling and Care Counselor Church
-
White Horse Technology Factory Production Facility
-
ResOps Laboratory Services, LLC Laboratory
-
Wear & Friction Resources LLC Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.72M
Blend (final)
Blend
$1.72M
Owner & transaction history
Real Life Ministries Texas · 3 yrs held
Real Life Ministries Texas
since 2023
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 Tomball submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tomball 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
INDUSTRIAL (GENERAL)
$1,720,000
Current use
Blend value · Realmo final
$1.72M
Range $1.55M – $1.89M · ±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
$26 / 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
$69,025
Tax year 2023
Applied tax rate
26.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2008
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
4
Total area
65,250 SF
Lot
11.45 ac (498,631 SF)
APN
1299580010001
UPID
US82-2470123
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
INDUSTRIAL (GENERAL) Current
Est. value
$1.7M
INDUSTRIAL (GENERAL) Current
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
2008
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Buildings
4
Lot
11.45 ac
Current owner
From public records · entity-resolved
Real Life Ministries Texas
Individual
Mailing address
1400 GRAHAM DRB259, TOMBALL, TX 77375-4603
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
Sep 12, 2024
—
Real Life Ministries Texas
—
Deed
related
$18,300,000 · The Solomon Foundation
Sep 28, 2023
—
Real Life Ministries Texas
—
Deed
related
$4,000,000 · The Solomon Foundation
May 18, 2023
—
Real Life Ministries Texas
Welcome Industrial Sub 59 LLC
Special Warranty Deed
$9,105,000 · The Solomon Foundation
Jul 28, 2020
—
Welcome Industrial Sub 59 LLC
Interweld Technology INC
Grant Deed
$4,350,000 · Bank Of Tx
Apr 11, 2019
—
Interweld Technology INC
—
Deed
related
$3,300,000 · Cherrywood Mtg LLC
Jun 12, 2018
—
Interweld Technology INC
—
Deed
related
$2,367,872 · Trustmark Nat'l Bk
Jul 6, 2006
—
Interweld Technology INC
Johnson,bruce
Warranty Deed
related
—
—
—
Interweld Technology INC
—
Deed Of Trust
related
$3,300,000 · Cherrywood Mtg LLC
—
—
Interweld Technology INC
—
Deed Of Trust
related
$3,116,040 · Trustmark Nat'l Bk
—
—
Interweld Technology INC
—
Loan Modification
related
$2,844,826 · Trustmark National Bank
—
—
Interweld Technology INC
—
Loan Modification
related
$2,367,872 · Trustmark Nat'l 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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