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Property profile & analytics
OFF-MARKET
Estimated value
$815,000
Warehouses
18113 Telge Rd Cypress, TX 77429-1301
Entity Owned
7-yr Hold
Free & Clear
Property ID
US82-4334191
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2000
Construction
METAL FRAME
Total area
20,960 SF
Lot
10.84 ac (472,190 SF)
APN
460950000004
UPID
US82-4334191
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
-
DEL Packaging Industrial Manufacturer
-
Yin Yang Healing Tea (Bike/Boat/Book/etc) Store Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$685k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$945k
Blend (final)
Blend
$815k
Owner & transaction history
Gbp Small Indl Portfolio LLC · 7 yrs held
Gbp Small Indl Portfolio 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 Cypress submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cypress 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
$685,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,200,000
Current use
AUTO REPAIR, GARAGE
$1,075,000
Change: -10% · Conversion: Easy
MEDICAL BUILDING
$1,055,000
Change: -12% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$985,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$815k
Range $734k – $897k · ±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
$39 / 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
$19,368
Tax year 2023
Assessed value
$2,471,243
Assessed 2024
Previous assessed
$2,471,243
+0.0% YoY
Effective rate
0.78%
On assessed value
Assessed land
$1,263,743
Assessed improvement
$1,207,500
Land market value
$1,263,743
Improvement market value
$1,207,500
Total market value
$2,471,243
Applied tax rate
26.0000
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
2000
Construction
METAL FRAME
Heating
RADIANT
Cooling
NONE
Buildings
3
Stories
1
Total area
20,960 SF
Lot
10.84 ac (472,190 SF)
APN
460950000004
UPID
US82-4334191
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
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$985,000
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
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
2000
Construction
METAL FRAME
Heating
RADIANT
Cooling
Yes
Stories
1
Buildings
3
Lot
10.84 ac
Current owner
From public records · entity-resolved
Gbp Small Indl Portfolio LLC
Entity
Free & Clear · 7 yrs held
Mailing address
18113 TELGE RD, CYPRESS, TX 77429-1301
Mailing matches property
Yes
Owner-occupied
Yes
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
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2018
—
Gbp Small Indl Portfolio LLC
Ac Telge Business Park LLC
Grant Deed
related
—
Sep 14, 2018
—
Houston Pfg INC
Ac Telge Business Park LLC
Grant Deed
related
—
May 18, 2018
—
Telge Industrial Park II INC
Ac Telge Business Park LLC
Quit Claim Deed
related
—
Dec 18, 2017
—
Del Real Family LP
—
Deed
related
$1,670,000 · Compass Bk
Nov 6, 2017
—
Del Real Family LP
—
Deed
related
$500,000 · Post Oak Bk
Jul 10, 2017
—
Del Real Family LP
—
Deed
related
$500,000 · Post Oak Bk
Dec 29, 2016
—
Del Real Family LP
—
Deed
related
$500,000 · Post Oak Bk
Aug 30, 2016
—
Del Real Family LP
—
Trustees Deed
related
$500,000 · Post Oak Bk
Apr 26, 2011
—
Del Real Family LP
—
Trustees Deed
related
$375,000 · Trustmark National Bank
Jun 11, 2007
—
Del Real Family
—
Trustees Deed
related
$27,494 · Trustmark National Bank
Mar 9, 1998
—
Del Real Family LP
Fenske,ernest A
Grant Deed
related
—
—
—
Del Real Family
—
Deed Of Trust
related
$15,845 · Trustmark National Bank
—
—
Del Real Family LP
—
Loan Modification
related
$500,000 · Post Oak Bk
—
—
Del Real Family
—
Deed Of Trust
related
$1,100,000 · Republic National Bank Miami
—
—
Del Real Family LP
—
Loan Modification
related
$500,000 · Post Oak Bk
—
—
Del Real Family LP
—
Loan Modification
related
$500,000 · Post Oak Bk
—
—
Del Real Family LP
—
Deed Of Trust
related
$1,670,000 · Compass Bk
—
—
Del Real Family LP
—
Deed Of Trust
related
$1,320,000 · Post Oak Bank
—
—
Del Real Family
—
Deed Of Trust
related
$908,128 · Trustmark National Bank
—
—
Del Real Family LP Ps
—
Deed Of Trust
related
$38,187 · Tax Ease Fndg
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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