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Property profile & analytics
OFF-MARKET
Estimated value
$2,135,000
Warehouses
1655 Rankin Rd Houston, TX 77073-4903
Individually Owned
Absentee Owner
Free & Clear
Property ID
US82-3334356
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD (JUNK, SALVAGE)
Year built
2003
Construction
METAL FRAME
Total area
32,664 SF
Lot
60.91 ac (2,653,240 SF)
APN
440140000080
UPID
US82-3334356
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
-
Cash For Cars Auto Repair Shop Auto Parts Store
-
Copart - Houston Trade Show Venue (Bike/Boat/Book/etc) Store
-
ArfforKids Donating a car Charitable Organization Social Service Agency
-
1800cashforjunkcars Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.14M
Owner & transaction history
COPART SALVAGE HOUSTON
COPART SALVAGE HOUSTON
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.3M
+33.5%
Auto repair, garage
$2.6M
+4.4%
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 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
STORAGE YARD, OPEN STORAGE (LIGHT EQUIPMENT, MATERIAL)
$2,475,000
Current use
RESTAURANT
$3,300,000
Change: +33% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,580,000
Change: +4% · Conversion: Difficult
OFFICE BUILDING
$2,270,000
Change: -8% · Conversion: Difficult
MEDICAL BUILDING
$2,085,000
Change: -16% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,040,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$2.14M
Range $1.92M – $2.35M · ±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
$65 / 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
$93,746
Tax year 2023
Assessed value
$11,489,917
Assessed 2024
Previous assessed
$11,489,917
+0.0% YoY
Effective rate
0.82%
On assessed value
Assessed land
$8,828,960
Assessed improvement
$2,660,957
Land market value
$8,828,960
Improvement market value
$2,660,957
Total market value
$11,489,917
Applied tax rate
9.0000
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
STORAGE YARD (JUNK, SALVAGE)
Status
Off-Market
Year built
2003
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
32,664 SF
Lot
60.91 ac (2,653,240 SF)
APN
440140000080
UPID
US82-3334356
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
STORAGE YARD, OPEN STORAGE (LIGHT EQUIPMENT, MATERIAL) Current
Est. value
$2.5M
RESTAURANT
Est. value
$3.3M
AUTO REPAIR, GARAGE
Est. value
$2.6M
OFFICE BUILDING
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.0M
STORAGE YARD, OPEN STORAGE (LIGHT EQUIPMENT, MATERIAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
2003
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
60.91 ac
Current owner
From public records · entity-resolved
COPART SALVAGE HOUSTON
Individual
Free & Clear · 0 yrs held
Mailing address
14185 DALLAS PKWY STE #300, DALLAS, TX 75254-1327
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
No recorded transactions
No recorded transactions found for this property.
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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