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Property profile & analytics
OFF-MARKET
Estimated value
$1,040,000
Warehouses
18949 State Hwy 155th S Flint, TX 75762-4605
Individually Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2300901
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2008
Total area
9,050 SF
Lot
6 ac (261,316 SF)
APN
1-00000-0018-29-016007
UPID
US82-2300901
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
-
Jonny B’s AC mini splits Hardware & Home Improvement Home Appliance Store
-
J&K Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$675k
CAP Approach
CAP
$1.36M
Comparable Approach
Comparable
$1.09M
Blend (final)
Blend
$1.04M
Owner & transaction history
J & K Storage Ltd · 8 yrs held
J & K Storage Ltd
since 2017
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+81.0%
Restaurant
$975,000
+42.7%
Retail stores
$815,000
+18.9%
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 Flint submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Flint 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
$675,000
CAP Approach
CAP Return
Estimation
6%
$1,475,000
6.5%
$1,360,000
7%
$1,260,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$685,000
Current use
COMMERCIAL (GENERAL)
$1,240,000
Change: +81% · Conversion: Difficult
RESTAURANT
$975,000
Change: +43% · Conversion: Difficult
RETAIL STORES
$815,000
Change: +19% · Conversion: Moderate
AUTO REPAIR, GARAGE
$790,000
Change: +16% · Conversion: Easy
Blend value · Realmo final
$1.04M
Range $936k – $1.14M · ±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
$115 / 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
$39,718
Tax year 2024
Assessed value
$2,888,658
Assessed 2024
Previous assessed
$2,888,658
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$522,633
Assessed improvement
$2,366,025
Land market value
$522,633
Improvement market value
$2,366,025
Total market value
$2,888,658
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2008
Heating
NONE
Buildings
3
Total area
9,050 SF
Lot
6 ac (261,316 SF)
APN
1-00000-0018-29-016007
UPID
US82-2300901
Jurisdiction
SMITH
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
$685,000
COMMERCIAL (GENERAL)
Est. value
$1.2M
RESTAURANT
Est. value
$975,000
RETAIL STORES
Est. value
$815,000
AUTO REPAIR, GARAGE
Est. value
$790,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
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
Buildings
3
Lot
6 ac
Current owner
From public records · entity-resolved
J & K Storage Ltd
Individual
Mailing address
2070 EQUESTRIAN LN, TYLER, TX 75703-0105
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2017
—
J & K Storage Ltd
J & K Properties Ltd
Quit Claim Deed
related
$2,480,000 · First St Bk
Jan 20, 2017
—
Traverse Sanders Dev LLC
Sanders,richard L
Quit Claim Deed
related
—
Feb 15, 2008
—
Richard L Sanders
Owner Name Unavailable
Warranty Deed
related
—
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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