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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Auto shops
1640 23rd St Beaumont, TX 77707-4304
Entity Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-5200346
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1982
Total area
16,142 SF
Lot
6.67 ac (290,545 SF)
APN
300005-000-045100-00000
UPID
US82-5200346
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$445k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$725k
Blend (final)
Blend
$585k
Owner & transaction history
Parigi Property Management Ltd · 20 yrs held
Parigi Property Management Ltd
since 2006
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 Beaumont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Beaumont 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
$445,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$585k
Range $527k – $644k · ±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
$36 / 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
$13,308
Tax year 2023
Assessed value
$553,759
Assessed 2023
Previous assessed
$553,759
+0.0% YoY
Effective rate
2.40%
On assessed value
Assessed land
$128,950
Assessed improvement
$424,809
Land market value
$128,950
Improvement market value
$424,809
Total market value
$553,759
Applied tax rate
101.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1982
Heating
NONE
Buildings
2
Stories
1
Total area
16,142 SF
Lot
6.67 ac (290,545 SF)
APN
300005-000-045100-00000
UPID
US82-5200346
Jurisdiction
JEFFERSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1982
Heating
NONE
Stories
1
Buildings
2
Lot
6.67 ac
Current owner
From public records · entity-resolved
Parigi Property Management Ltd
Entity
Mailing address
445 N 14TH ST, BEAUMONT, TX 77702-1823
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2019
—
Parigi Property Management Ltd
—
Grant Deed
related
$1,200,000 · Bridge Cty St Bk
Jan 11, 2019
—
Parigi Property Management Ltd
—
Deed
related
$650,000 · Allegiance Bk
Jan 29, 2018
—
Parigi Property Management Ltd
—
Trustees Deed
related
$300,000 · Post Oak Bk
Jun 26, 2006
—
Parigi Property Management Ltd
Christus Health Southeast Texas
Venders Lien
$325,000 · Wells Fargo Bank NA
—
—
Parigi Property Management Ltd
—
Loan Modification
related
$600,000 · Wells Fargo Bank
—
—
Parigi Property Management Ltd
—
Loan Modification
related
$650,000 · Allegiance Bk
—
—
Parigi Property Management Ltd
—
Deed Of Trust
related
$650,000 · Post Oak Bank
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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