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Property profile & analytics
OFF-MARKET
Office Spaces
16545 Vlg Dr, Jersey Village, TX 77040-1157
Individually Owned
15-yr Hold
~
Est. High Equity
Property ID
US82-4532138
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2008
Construction
BRICK
Total area
8,286 SF
Lot
0.52 ac (22,438 SF)
APN
1311600010001
UPID
US82-4532138
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ambrose,david & Katherine · 15 yrs held
Ambrose,david & Katherine
since 2011
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 Jersey Village submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jersey Village 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$27,163
Tax year 2022
Assessed value
$2,034,281
Assessed 2024
Previous assessed
$1,960,986
+3.7% YoY
Effective rate
1.34%
On assessed value
Assessed land
$179,496
Assessed improvement
$1,854,785
Land market value
$179,496
Improvement market value
$1,854,785
Total market value
$2,034,281
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2008
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Total area
8,286 SF
Lot
0.52 ac (22,438 SF)
APN
1311600010001
UPID
US82-4532138
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
Building & site characteristics
From public records
Year built
2008
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Buildings
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
Ambrose,david & Katherine
Individual
Mailing address
16545 VLG DR BLDG A, JERSEY VILLAGE, TX 77040-1158
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2025
—
Ambrose Real Estate LLC
—
Deed
related
$625,000 · Zb NA
Apr 8, 2025
—
Vargia Property Holdings LLC
—
Deed
related
$350,000 · Asg Hlp Jv
Jun 12, 2024
—
Promix Terrae LLC
—
Deed
related
$432,000 · Austin Bank Texas NA
Mar 1, 2022
—
Ambrose Real Estate LLC
—
Deed
related
$1,000,000 · Zb NA
Dec 28, 2021
—
16545 Village Drive LLC
—
Deed
related
$629,000 · Zb NA
Jun 18, 2020
—
David Ambrose
—
Deed
related
$400,000 · Allegiance Bk
Apr 26, 2017
—
Mbl Investments LLC
—
Deed
related
$537,200 · Origin Bk
May 6, 2011
—
Ambrose,david & Katherine
Jersey Village Office Condos L
Warranty Deed
$1,292,000 · Post Oak Bk
Jan 12, 2011
—
Jersey Village Office Condos L
—
Trustees Deed
related
$185,100 · Post Oak Bank
—
—
David Ambrose
—
Deed Of Trust
related
$400,000 · Allegiance 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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