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Property profile & analytics
OFF-MARKET
Estimated value
$1,075,000
Warehouses
18911 Industrial Pkwy New Caney, TX 77357-3508
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-2388767
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2008
Total area
16,800 SF
Lot
5.71 ac (248,858 SF)
APN
4522-52-00300
UPID
US83-2388767
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
$1.04M
Blend (final)
Blend
$1.08M
Owner & transaction history
Met Set Real Estate LLC · 2 yrs held
Met Set Real Estate LLC
since 2024
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 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,640,000
Current use
AUTO REPAIR, GARAGE
$1,530,000
Change: -7% · Conversion: Easy
RETAIL STORES
$1,405,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$1.08M
Range $968k – $1.18M · ±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
$64 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$27,932
Tax year 2024
Assessed value
$1,381,466
Assessed 2024
Previous assessed
$1,490,430
-7.3% YoY
Effective rate
2.02%
On assessed value
Assessed land
$124,429
Assessed improvement
$1,257,037
Land market value
$124,429
Improvement market value
$1,257,037
Total market value
$1,381,466
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
2008
Heating
NONE
Cooling
NONE
Buildings
2
Total area
16,800 SF
Lot
5.71 ac (248,858 SF)
APN
4522-52-00300
UPID
US83-2388767
Jurisdiction
MONTGOMERY
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
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.5M
RETAIL STORES
Est. value
$1.4M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
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
2008
Heating
NONE
Cooling
Yes
Buildings
2
Lot
5.71 ac
Current owner
From public records · entity-resolved
Met Set Real Estate LLC
Entity
Mailing address
8100 AMBASSADOR CAFFERY PKWY, BROUSSARD, LA 70518-4980
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2024
—
Met Set Real Estate LLC
Met Set Consulting USA Ltd
Deed
$4,500,000 · New City Mortgage LLC
Jul 3, 2019
—
Met Set Consulting USA Ltd
—
Deed
related
$4,445,000 · Frost Bk
Apr 9, 2019
—
George A Sturdevant INC
—
Deed
related
$1,172,000 · Independent Bk
Apr 1, 2019
—
Met Set Consulting USA Ltd
Command Real Estate LLC
Grant Deed
$8,000,000 · Frost Bk
Jun 21, 2018
—
Command Real Estate LLC
—
Deed
related
$3,000,000 · Frost Bk
Mar 14, 2018
—
Command Real Estate LLC
—
Deed
related
$3,500,000 · Superior Drillpipe Mfg INC
Feb 4, 2010
—
Cs Realty LLC
East Montgomery Cnty Improveme
Grant Deed
related
—
Jan 7, 2008
—
Cs Realty LLC
East Montgomery Cnty Improveme
Grant Deed
—
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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