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Property profile & analytics
OFF-MARKET
Estimated value
$3,845,000
Warehouses
17745 Lookout Rd Selma, TX 78154-2187
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-9642966
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2014
Total area
336,256 SF
Lot
18.01 ac (784,516 SF)
APN
16-0297-0002-00
UPID
US82-9642966
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.85M
Owner & transaction history
Sun Life Assurance Company Of Canad · 4 yrs held
Sun Life Assurance Company Of Canad
since 2022
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 Selma submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Selma 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
$11 / 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
$299,409
Tax year 2023
Assessed value
$20,633,110
Assessed 2024
Previous assessed
$21,936,090
-5.9% YoY
Effective rate
1.45%
On assessed value
Assessed land
$3,498,940
Assessed improvement
$17,134,170
Land market value
$3,498,940
Improvement market value
$17,134,170
Total market value
$20,633,110
Applied tax rate
46.0000
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
2014
Heating
NONE
Cooling
CENTRAL
Total area
336,256 SF
Lot
18.01 ac (784,516 SF)
APN
16-0297-0002-00
UPID
US82-9642966
Jurisdiction
COMAL
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
2014
Heating
NONE
Cooling
Yes
Lot
18.01 ac
Current owner
From public records · entity-resolved
Sun Life Assurance Company Of Canad
Entity
Free & Clear · 4 yrs held
Mailing address
1 SUN LIFE PARK, WELLESLEY HILLS, MA 02481-5615
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
May 26, 2022
—
Sun Life Assurance Company Of Canad
Colfin 2018 3 Industrial Owner LLC
Special Warranty Deed
—
Feb 8, 2022
—
Alcalde Acquisitions LLC
Colglazier Investments No 1 LLC
Special Warranty Deed
—
Mar 27, 2018
—
Colfin 2018-3 Indl Owner LLC
Wr Lookout Road LLC
Grant Deed
—
Oct 31, 2013
—
Wr Lookout Road LLC
Titan Lookout LLC
Trustees Deed
$11,000,000 · Weeks Robinson Acquisition LLC
Jul 17, 2013
—
Titan Lookout LLC
Schertz Pt Indl Assocs Land L
Grant Deed
related
—
—
—
Wr Lookout Road LLC
—
Deed Of Trust
related
$23,214,500 · Bank Of Tx
—
—
Wr Lookout Road LLC
—
Loan Modification
related
$11,414,500 · Bank Of Tx
—
—
Wr Lookout Road LLC
—
Loan Modification
related
$11,080,246 · Bank Of Tx
—
—
Wr Lookout Road LLC
—
Loan Modification
related
$11,196,832 · Bank Of Tx
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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