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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Warehouses
18901 Industrial Pkwy New Caney, TX 77357
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US83-2207222
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2020
Lot
86.9 ac (3,785,364 SF)
Zoning code
5
APN
0608-00-00103
UPID
US83-2207222
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
$725k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$725k
Owner & transaction history
Polygon New Caney LLC · 4 yrs held
Polygon New Caney LLC
since 2022
4 recorded transactions
Zoning & alternative use
5 · New Caney, TX
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 New Caney submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Caney 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
$725,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$725k
Range $653k – $798k · ±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
—
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
$1,649,114
Tax year 2024
Assessed value
$92,500,000
Assessed 2024
Previous assessed
$87,995,000
+5.1% YoY
Effective rate
1.78%
On assessed value
Assessed land
$2,601,671
Assessed improvement
$89,898,329
Land market value
$2,601,671
Improvement market value
$89,898,329
Total market value
$92,500,000
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
2020
Heating
FORCED AIR
Cooling
CENTRAL
Lot
86.9 ac (3,785,364 SF)
Zoning code
5
APN
0608-00-00103
UPID
US83-2207222
Jurisdiction
MONTGOMERY
Zoning & alternative use
5 · New Caney, TX
Zoning 5 · permitted uses
5 · New Caney, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Caney. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2020
Heating
FORCED AIR
Cooling
Yes
Lot
86.9 ac
Current owner
From public records · entity-resolved
Polygon New Caney LLC
Entity
Mailing address
1909 K ST NW STE #820, WASHINGTON, DC 20006-1133
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2024
—
Polygon New Caney LLC
—
Deed
related
$291,000,000 · Jpmorgan Chase Bank NA
Jan 27, 2022
—
Polygon New Caney LLC
The Cubes At Emc Industrial Park Ll
Assignment Of Lease (leasehold Sale)
$282,792,448 · Bank Of America NA
Oct 13, 2020
—
Cubes At Emc Indl Pk LLC
East Montgomery Cnty Imp Distr
Grant Deed
related
—
Mar 3, 2020
—
87 Gcb LLC
Michael D Tarver
Grant Deed
$1,690,060 · Independent Bk
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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