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Property profile & analytics
OFF-MARKET
Estimated value
$2,580,000
Commercial real estate
1700 7th St Bay City, TX 77414-5080
Entity Owned
Free & Clear
Property ID
US82-6516316
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1950
Total area
32,040 SF
Lot
2.07 ac (90,004 SF)
APN
25178
UPID
US82-6516316
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
-
Matagorda County Tax Office City Government Office Courthouse
-
Mortgage Lender Bay City, TX Loan Service Bank
-
Matagorda District Attorney Law Firm
-
Matagorda County Attorney’s Office County Government Office Attorney
-
Matagorda County District Clerk’s Office District Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.16M
Blend (final)
Blend
$2.58M
Owner & transaction history
First State Bank Louise
First State Bank Louise
since 2026
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 Bay City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bay City 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
Blend value · Realmo final
$2.58M
Range $2.32M – $2.84M · ±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
$81 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$1,413,460
Assessed 2024
Previous assessed
$1,413,460
+0.0% YoY
Assessed land
$441,000
Assessed improvement
$972,460
Land market value
$441,000
Improvement market value
$972,460
Total market value
$1,413,460
Applied tax rate
10.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1950
Heating
NONE
Bathrooms
20
Total area
32,040 SF
Lot
2.07 ac (90,004 SF)
APN
25178
UPID
US82-6516316
Jurisdiction
MATAGORDA
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
1950
Heating
NONE
Bathrooms
20
Lot
2.07 ac
Current owner
From public records · entity-resolved
First State Bank Louise
Entity
Free & Clear · 0 yrs held
Mailing address
1700 N 7TH ST E RM #301, BAY CITY, TX 77414-5034
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 5, 2026
$45,000
First State Bank Louise
Tegeler Kleiman
Trust Deed
—
Dec 2, 2025
—
The First State Bank
Patricia Maldonado
Deed
—
May 9, 2025
$13,200
Canelo Investments LLC
Dewayne Wiley Preston
Deed
related
—
Aug 4, 2023
$43,800
Canelo Investments LLC
Esther R Ortiz
Foreclosure
related
—
Nov 3, 2022
$9,000
Canelo Investments LLC
Hector Rios Rivera
Foreclosure
related
—
Jun 15, 2022
$20,800
Canelo Investments LLC
Fernando Valle Leon
Foreclosure
related
—
Apr 8, 2022
$10,450
Canelo Investments LLC
Ricardo Manuel Garcia Gonzalez
Foreclosure
related
—
Nov 1, 2018
$86,882
Ciera Bank
T David Griffith
Foreclosure
related
—
Apr 10, 2018
$6,400
Denton C Leissner
Stephen P Wilson
Foreclosure
related
—
Dec 5, 2017
$205,420
Ciera Bank
Mack H Davis
Foreclosure
related
—
Aug 1, 2017
$23,500
Dan G Ratliff
Roy L Wrenn
Foreclosure
related
—
Apr 21, 2015
$113,795
The First State Bank
Paul Goodman II
Foreclosure
related
—
Dec 9, 2014
$135,000
Darleene Snider
John Stewart
Foreclosure
related
—
Oct 7, 2014
—
The State Bank Of Texas
Wayne Marshall Coleman
Trustees Deed
related
—
May 6, 2014
—
Ciera Bank
Thomas L Houser
Foreclosure
related
—
Jun 7, 2011
—
J N Mcdonald JR
Realty Investment Planning LLC
Foreclosure
related
—
Jun 6, 2011
$1,400
Booker T Holbert
Roy Lee Woodard
Foreclosure
related
—
Aug 13, 2009
—
Newfirst National Bank
Mauritz & Couey
Trustees Deed
related
—
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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