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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Warehouses
17104 Cole Industrial Blvd 35 Alvin, TX 77511
Individually Owned
6-yr Hold
Free & Clear
Property ID
US82-7273512
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1987
Total area
10,200 SF
Lot
55 ac (2,395,800 SF)
APN
0072-0010-130
UPID
US82-7273512
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
$980k
Comparable Approach
Comparable
$1.26M
Blend (final)
Blend
$920k
Owner & transaction history
Elwyn J Cole JR. · 6 yrs held
Elwyn J Cole JR.
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.4M
+50.0%
Office building
$1.3M
+48.3%
Auto repair, garage
$1.2M
+34.6%
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 Alvin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alvin 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%
$1,065,000
6.5%
$980,000
7%
$910,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$900,000
Current use
RESTAURANT
$1,350,000
Change: +50% · Conversion: Difficult
OFFICE BUILDING
$1,330,000
Change: +48% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,210,000
Change: +35% · Conversion: Easy
RETAIL STORES
$1,175,000
Change: +31% · Conversion: Moderate
MEDICAL BUILDING
$875,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±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
$90 / 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
$35,188
Tax year 2024
Assessed value
$2,043,000
Assessed 2024
Previous assessed
$1,866,840
+9.4% YoY
Effective rate
1.72%
On assessed value
Assessed land
$1,179,150
Assessed improvement
$863,850
Land market value
$1,179,150
Improvement market value
$863,850
Total market value
$2,043,000
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1987
Heating
PACKAGE
Cooling
CENTRAL
Buildings
3
Rooms
10
Total area
10,200 SF
Lot
55 ac (2,395,800 SF)
APN
0072-0010-130
UPID
US82-7273512
Jurisdiction
BRAZORIA
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
WAREHOUSE, STORAGE Current
Est. value
$900,000
RESTAURANT
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.2M
RETAIL STORES
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$875,000
WAREHOUSE, STORAGE Current
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
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
1987
Heating
PACKAGE
Cooling
Yes
Buildings
3
Rooms
10
Lot
55 ac
Current owner
From public records · entity-resolved
Elwyn J Cole JR.
Individual
Free & Clear · 6 yrs held
Mailing address
PO BOX 568, COLUMBUS, TX 78934-0568
Ownership since
2019
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
Sep 27, 2019
—
Elwyn J Cole JR.
Ejc Family Ptshp Ltd
Grant Deed
—
Dec 28, 2012
—
Ejc Family Ptshp Ltd
—
Deed Of Trust
related
$2,813,069 · Capital Bank NA
Dec 16, 2010
—
Ejc Family Ptshp Ltd
—
Deed Of Trust
related
$1,881,784 · Capital Bank NA
Dec 8, 2009
—
Ejc Family Ptshp Ltd
—
Trustees Deed
related
$2,518,984 · Capital Bank NA
Nov 29, 2004
—
Ejc Family Ptshp Ltd
—
Deed Of Trust
related
$1,000,000 · Capital Bank NA
—
—
Ejc Family Ptshp Ltd
—
Loan Modification
related
$2,303,069 · Capital Bank NA
—
—
Ejc Family Ptshp Ltd
—
Deed Of Trust
related
$3,750,000 · Capital Bank NA
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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