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Property profile & analytics
OFF-MARKET
Estimated value
$1,390,000
Distribution centers
18744 Kenswick Dr Humble, TX 77338-7906
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-7690674
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2023
Construction
STEEL FRAME
Total area
43,958 SF
Lot
5.36 ac (233,325 SF)
APN
1210070030004
UPID
US82-7690674
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
$1.39M
Owner & transaction history
Cheetah Investments LLC · 9 yrs held
Cheetah Investments LLC
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.3M
+8.4%
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 Humble submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Humble 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,095,000
Current use
RETAIL STORES
$2,270,000
Change: +8% · Conversion: Moderate
Blend value · Realmo final
$1.39M
Range $1.25M – $1.53M · ±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
$32 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$8,263
Tax year 2020
Assessed value
$4,762,011
Assessed 2024
Previous assessed
$664,976
+616.1% YoY
Effective rate
0.17%
On assessed value
Assessed land
$699,975
Assessed improvement
$4,062,036
Land market value
$699,975
Improvement market value
$4,062,036
Total market value
$4,762,011
Applied tax rate
9.0000
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
Off-Market
Year built
2023
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Buildings
1
Total area
43,958 SF
Lot
5.36 ac (233,325 SF)
APN
1210070030004
UPID
US82-7690674
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
$2.1M
RETAIL STORES
Est. value
$2.3M
WAREHOUSE, STORAGE Current
RETAIL STORES
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
2023
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Buildings
1
Lot
5.36 ac
Current owner
From public records · entity-resolved
Cheetah Investments LLC
Entity
Mailing address
157 WILSON RD, FAIRVIEW, NC 28730-7764
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2021
—
Cheetah Investments LLC
—
Deed
related
$190,000 · First Fin'l Bk&tr
Nov 20, 2020
—
Cheetah Investments LLC
—
Deed
related
—
Apr 30, 2020
—
Cheetah Investments LLC
—
Deed
related
$200,000 · First Fin'l Bk&tr
Dec 4, 2019
—
Cheetah Investments LLC
—
Deed
related
$499,000 · First Fin'l Bk&tr
Dec 3, 2019
—
Cheetah Investments LLC
—
Deed
related
$200,000 · First Fin'l Bk&tr
Dec 5, 2018
—
Cheetah Investments LLC
—
Deed
related
—
Nov 9, 2017
—
Cheetah Investments LLC
—
Deed Of Trust
related
$499,000 · Commercial St Bk
Aug 26, 2016
—
Cheetah Investments LLC
Houston Intercontinental Trade
Grant Deed
$477,000 · Houston Intercontinental Trade
Jul 28, 2009
—
Houston Intercontinental Trade
—
Trustees Deed
related
$550,000 · Plains State Bank
—
—
Cheetah Investments LLC
—
Loan Modification
related
—
—
—
Cheetah Investments LLC
—
Loan Modification
related
$499,000 · First Fin'l Bk&tr
—
—
Cheetah Investments LLC
—
Deed Of Trust
related
$200,000 · First Fin'l Bk&tr
—
—
Houston Intercontinental Trade
—
Deed Of Trust
related
$550,000 · Plains State Bank
—
—
Cheetah Investments LLC
—
Loan Modification
related
$200,000 · First Fin'l Bk&tr
—
—
Hsr Horizon Management LLC
—
Deed Of Trust
related
$6,500,000 · First National Bank
—
—
Cheetah Investments LLC
—
Loan Modification
related
—
—
—
Cheetah Investments LLC
—
Loan Modification
related
$190,000 · First Fin'l Bk&tr
—
—
Cheetah Investments LLC
—
Loan Modification
related
$499,000 · First Fin'l Bk&tr
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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