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Property profile & analytics
OFF-MARKET
Estimated value
$770,000
Warehouses
16326 Mueschke Rd Cypress, TX 77433-1466
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-9719083
Property summary
AI-generated overview
This exceptional 32,000-square-foot warehouse, built in 2013, is ideally situated at 16326 Mueschke Road in Cypress, Texas, 77433. The property boasts a multi-tenant configuration, offering ample space for various business needs. Conveniently located near US-290 and Toll 99, this warehouse provides easy access to major transportation arteries. The building features 17 parking spaces for employee and visitor convenience. Inside, the warehouse offers standard power outlets throughout, a 16-foot garage door for efficient loading and unloading, and enhanced security measures including reprogrammable coded locks and a comprehensive security camera system. Two spaces, each 1,300 square feet, are currently available. This Harris County property presents a compelling opportunity for businesses seeking a well-maintained, strategically located warehouse space. The property is classified as Office, Industrial, with a Warehouse subtype.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2013
Construction
METAL FRAME
Total area
17,576 SF
Lot
1.83 ac (79,715 SF)
APN
1336760020001
UPID
US82-9719083
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
-
Platinum mechanical Air and heat HVAC Service General Contractor
-
Adept Massages Alternative Medicine Practice Spa & Massage Center
-
Mueschke Car Care Auto Repair Shop
-
Strong Body Fitness Gym & Fitness Center
-
Half Baked Goodness - Cypress Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$565k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$972k
Blend (final)
Blend
$770k
Owner & transaction history
Celeste Investment Group LLC · 8 yrs held
Celeste Investment Group LLC
since 2017
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+47.6%
Auto repair, garage
$995,000
+28.3%
Medical building
$860,000
+11.4%
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 Cypress submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cypress 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
$565,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$775,000
Current use
COMMERCIAL (GENERAL)
$1,140,000
Change: +48% · Conversion: Difficult
AUTO REPAIR, GARAGE
$995,000
Change: +28% · Conversion: Easy
MEDICAL BUILDING
$860,000
Change: +11% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$730,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$770k
Range $693k – $847k · ±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
$44 / 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
$22,635
Tax year 2023
Assessed value
$3,285,591
Assessed 2024
Previous assessed
$3,285,591
+0.0% YoY
Effective rate
0.69%
On assessed value
Assessed land
$637,712
Assessed improvement
$2,647,879
Land market value
$637,712
Improvement market value
$2,647,879
Total market value
$3,285,591
Applied tax rate
4.0000
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
2013
Construction
METAL FRAME
Heating
NONE
Cooling
NONE
Buildings
2
Total area
17,576 SF
Lot
1.83 ac (79,715 SF)
APN
1336760020001
UPID
US82-9719083
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
WAREHOUSE, STORAGE Current
Est. value
$775,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$995,000
MEDICAL BUILDING
Est. value
$860,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$730,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
2013
Construction
METAL FRAME
Heating
NONE
Cooling
Yes
Buildings
2
Lot
1.83 ac
Current owner
From public records · entity-resolved
Celeste Investment Group LLC
Entity
Mailing address
2802 SENTRY OAK WAY, SUGAR LAND, TX 77479-1984
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2017
—
Celeste Investment Group LLC
Sorinela LLC
Grant Deed
$3,720,000 · Smart Fin'l Cu
Jul 25, 2014
—
Sorinela LLC
Abbak Venture LLC
Warranty Deed
$2,000,000 · Abbak Venture LLC
—
—
16326 Mueschke Road LLC
—
Deed Of Trust
related
$3,037,500 · Bank Of America
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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