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Property profile & analytics
OFF-MARKET
Estimated value
$1,035,000
Warehouses
1905 William Cannon Dr Austin, TX 78744-3407
Entity Owned
11-yr Hold
Free & Clear
Property ID
US83-3614159
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1999
Construction
CONCRETE
Total area
75,725 SF
Lot
4.91 ac (213,880 SF)
APN
423060235
UPID
US83-3614159
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
-
CubeSmart Self Storage Storage Facility
-
Thrift Big Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.04M
Owner & transaction history
Cubesmart LP · 11 yrs held
Cubesmart LP
since 2014
6 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 Austin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Austin 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$14 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$130,077
Tax year 2022
Assessed value
$7,974,206
Assessed 2023
Previous assessed
$6,586,458
+21.1% YoY
Effective rate
1.63%
On assessed value
Assessed land
$1,711,040
Assessed improvement
$6,263,166
Land market value
$1,711,040
Improvement market value
$6,263,166
Total market value
$7,974,206
Applied tax rate
2.0000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1999
Construction
CONCRETE
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
75,725 SF
Lot
4.91 ac (213,880 SF)
APN
423060235
UPID
US83-3614159
Jurisdiction
TRAVIS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1999
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
4.91 ac
Current owner
From public records · entity-resolved
Cubesmart LP
Entity
Free & Clear · 11 yrs held
Mailing address
PO BOX 27600, HOUSTON, TX 77227-7600
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 10, 2014
—
Cubesmart LP
Premier Realty Holdings LP
Grant Deed
related
—
Mar 26, 2014
—
Premier Realty Holdings LP
American Finl Holdings LLC
Grant Deed
related
—
Mar 7, 2014
$5,500,000
American Finl Holdings LLC
Kelly,jeffrey S
Trustees Deed
related
—
Mar 4, 2014
$5,500,000
American Strategic Income Port
Kelly Jeffrey S
Trustees Deed
—
Mar 28, 2008
—
Ams II Austin Investments LP
Cannon Storage Ltd
Special Warranty Deed
$4,160,000 · Tavernier Capital Partners LLC
—
—
Premier Realty Holdings LP
—
Deed Of Trust
related
$3,000,000 · Icon Bk/tx NA
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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