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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Warehouses
1721 Oak Tree Dr Houston, TX 77080-7239
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-3616621
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1984
Construction
METAL FRAME
Total area
9,540 SF
Lot
1 ac (43,560 SF)
APN
670450040062
UPID
US82-3616621
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
-
Festivities Wedding Service Event Planning
-
Goldstone Exterior Services Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$460k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$601k
Blend (final)
Blend
$530k
Owner & transaction history
Foolish Endeavors LLC · 2 yrs held
Foolish Endeavors LLC
since 2024
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$690,000
+21.2%
Office building
$665,000
+16.8%
Medical building
$610,000
+7.2%
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
$460,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$570,000
Current use
RETAIL STORES
$690,000
Change: +21% · Conversion: Moderate
OFFICE BUILDING
$665,000
Change: +17% · Conversion: Difficult
MEDICAL BUILDING
$610,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$56 / 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
$14,379
Tax year 2023
Assessed value
$1,200,000
Assessed 2024
Previous assessed
$1,200,000
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$784,080
Assessed improvement
$415,920
Land market value
$784,080
Improvement market value
$415,920
Total market value
$1,200,000
Applied tax rate
25.0000
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1984
Construction
METAL FRAME
Heating
NONE
Cooling
NONE
Buildings
3
Stories
1
Total area
9,540 SF
Lot
1 ac (43,560 SF)
APN
670450040062
UPID
US82-3616621
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
WAREHOUSE, STORAGE Current
Est. value
$570,000
RETAIL STORES
Est. value
$690,000
OFFICE BUILDING
Est. value
$665,000
MEDICAL BUILDING
Est. value
$610,000
WAREHOUSE, STORAGE Current
RETAIL STORES
OFFICE BUILDING
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
1984
Construction
METAL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Lot
1 ac
Current owner
From public records · entity-resolved
Foolish Endeavors LLC
Entity
Mailing address
1717 OAK TREE DR, HOUSTON, TX 77080-7239
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Feb 16, 2024
—
Foolish Endeavors LLC
Lynnthree Holdings LLC
Venders Lien
$1,200,000 · Third Coast Bank Ssb
Dec 15, 2016
—
Lynnthree Holdings LLC
—
Deed
related
$508,742 · Cadence Bk
Dec 4, 2012
—
Lynntree Holdings LLC
King,wanda W
Grant Deed
related
$619,612 · Frost Bank
Jun 2, 2010
$430,000
Wanda W King
Reeves Lauren A
Trustees Deed
—
—
—
Donald Robinson Co
—
Deed Of Trust
related
$450,000 · Langham Creek National Bank
—
—
Barksdale Plastic INC
—
Deed Of Trust
related
$481,000 · Wanda W King
—
—
Barksdale Plastics INC
—
Deed Of Trust
related
$387,889 · Sterling Bank
—
—
Lynnthree Holdings LLC
—
Deed Of Trust
related
$508,742 · Cadence Bk
—
—
Barksdale Plastics INC
—
Deed Of Trust
related
$300,000 · Compass 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.
Try Rey
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