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Property profile & analytics
FOR SALE
Distribution centers
1701 Massey Tompkins Rd Baytown, TX 77521
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2028699
For Sale
1 / 15
$750,000
1701 Massey Tompkins Rd, Baytown, TX 77521
View Listing →
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1984
Construction
STEEL FRAME
Total area
42,760 SF
Lot
3.26 ac (142,006 SF)
APN
1154780000001
UPID
US82-2028699
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
-
Groeb Farms Inc Food Processing Plant
-
Merih Logistics Warehouse & Storage
-
Houston Office Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$750k
Owner & transaction history
Fri Massey Tompkins LLC · 7 yrs held
Fri Massey Tompkins LLC
since 2018
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 Baytown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Baytown 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
$18 / 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
$12,306
Tax year 2023
Assessed value
$2,709,993
Assessed 2024
Previous assessed
$2,709,993
+0.0% YoY
Effective rate
0.45%
On assessed value
Assessed land
$284,012
Assessed improvement
$2,425,981
Land market value
$284,012
Improvement market value
$2,425,981
Total market value
$2,709,993
Applied tax rate
16.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
For Sale
Year built
1984
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
NONE
Buildings
2
Stories
1
Total area
42,760 SF
Lot
3.26 ac (142,006 SF)
APN
1154780000001
UPID
US82-2028699
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
1984
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
3.26 ac
Current owner
From public records · entity-resolved
Fri Massey Tompkins LLC
Entity
Mailing address
1220 MILLBRAE AVE, MILLBRAE, CA 94030-2908
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Apr 13, 2023
—
Sk2 Services INC
—
Deed
related
$2,720,000 · Jpmorgan Chase Bank NA
Jan 4, 2021
—
Fri Massey Tompkins LLC
—
Deed
related
$1,350,000 · Charis Bk
Nov 26, 2019
—
Fri Massey Tompkins LLC
—
Deed
related
$1,410,000 · Charis Bank
Oct 26, 2018
—
Fri Massey Tompkins LLC
Rincon Land LLC
Grant Deed
$1,464,000 · Justin St Bk
—
—
Fri Massey Tompkins LLC
—
Loan Modification
related
$1,410,000 · Charis Bank
—
—
Rincon Land LLC
—
Deed Of Trust
related
$585,061 · Enterprise Bank
—
—
Fri Massey Tompkins LLC
—
Loan Modification
related
$1,350,000 · Charis 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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