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Property profile & analytics
OFF-MARKET
Estimated value
$970,000
Office buildings
16961 Fm 1314th Rd, Conroe, TX 77302-4810
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US83-2382608
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1982
Total area
29,314 SF
Lot
1.34 ac (58,196 SF)
Zoning code
1
APN
2140-02-05700
UPID
US83-2382608
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
-
H&R Air Conditioning HVAC Service General Contractor
-
Hargrave Insurance Agency Insurance Agency
-
MJZ Investments LLC Corporate Office Financial Advisor
-
Next Level Training Center Conroe Gym & Fitness Center
-
Universal Transmission & Complete Auto Repair- Porter/Conroe Tx Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$660k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.29M
Blend (final)
Blend
$970k
Owner & transaction history
Aa Endeavors LLC · 5 yrs held
Aa Endeavors LLC
since 2021
7 recorded transactions
Zoning & alternative use
1 · Conroe, TX
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 Conroe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conroe 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
$660,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$970k
Range $873k – $1.07M · ±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
$33 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$11,124
Tax year 2024
Assessed value
$1,899,073
Assessed 2024
Previous assessed
$700,000
+171.3% YoY
Effective rate
0.59%
On assessed value
Assessed land
$232,715
Assessed improvement
$1,666,358
Land market value
$232,715
Improvement market value
$1,666,358
Total market value
$1,899,073
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1982
Heating
FORCED AIR
Cooling
WINDOW A/C
Buildings
3
Bathrooms
2
Total area
29,314 SF
Lot
1.34 ac (58,196 SF)
Zoning code
1
APN
2140-02-05700
UPID
US83-2382608
Jurisdiction
MONTGOMERY
Zoning & alternative use
1 · Conroe, TX
Zoning 1 · permitted uses
1 · Conroe, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Conroe. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Heating
FORCED AIR
Cooling
Yes
Buildings
3
Bathrooms
2
Lot
1.34 ac
Current owner
From public records · entity-resolved
Aa Endeavors LLC
Entity
Mailing address
17819 STUEBNER AIRLINE RDD, SPRING, TX 77379-5419
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2021
—
Aa Endeavors LLC
16961 Fm 1314 Property LLC
Special Warranty Deed
$525,000 · Independent Bank
Aug 5, 2020
—
16961 Fm 1314 Property LLC
Gary W SR
Grant Deed
—
Aug 5, 2020
$1,050,000
Gary W Emerson SR
Emerson,gary W SR & Alta J|mjz Investments LLC
Foreclosure
related
—
Jun 12, 2019
—
Mjz Investments LLC
—
Deed
related
$40,000 · Issa Tannous
Aug 27, 2014
—
Mjz Investments LLC
Emerson,gary W SR & Alta J
Grant Deed
$1,500,000 · Gary W SR & Alta J Emerson
—
—
Mjz Investments LLC
—
Deed Of Trust
related
$40,000 · Issa Tannous
—
—
Gary W Emerson
—
Deed Of Trust
related
$220,287 · First Victoria National Bank
—
—
Gary W Emerson
—
Deed Of Trust
related
$33,500 · First Victoria National Bank
—
—
Gary W Emerson
—
Deed Of Trust
related
$33,500 · First Victoria National 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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