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Property profile & analytics
OFF-MARKET
Estimated value
$1,510,000
Grocery and convenience stores
1917 7th St Austin, TX 78702-3419
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US82-1817190
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1970
Construction
CONCRETE
Total area
5,994 SF
Lot
1.42 ac (61,881 SF)
APN
203090410
UPID
US82-1817190
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
-
Space Cowboy Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.63M
Comparable Approach
Comparable
$1.39M
Blend (final)
Blend
$1.51M
Owner & transaction history
Reg Atx 2000 E 6th St Ltd · 4 yrs held
Reg Atx 2000 E 6th St Ltd
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$2.0M
+89.8%
Office building
$1.1M
+2.6%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,760,000
6.5%
$1,625,000
7%
$1,510,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,065,000
Current use
INDUSTRIAL (GENERAL)
$2,015,000
Change: +90% · Conversion: Difficult
OFFICE BUILDING
$1,090,000
Change: +3% · Conversion: Easy
COMMERCIAL (GENERAL)
$980,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$1.51M
Range $1.36M – $1.66M · ±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
$252 / 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
$109,867
Tax year 2022
Assessed value
$9,828,000
Assessed 2023
Previous assessed
$9,828,000
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$9,282,450
Assessed improvement
$545,550
Land market value
$9,282,450
Improvement market value
$545,550
Total market value
$9,828,000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1970
Construction
CONCRETE
Heating
NONE
Buildings
3
Stories
1
Total area
5,994 SF
Lot
1.42 ac (61,881 SF)
APN
203090410
UPID
US82-1817190
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
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.1M
INDUSTRIAL (GENERAL)
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$980,000
RETAIL STORES Current
INDUSTRIAL (GENERAL)
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1970
Construction
CONCRETE
Heating
NONE
Stories
1
Buildings
3
Lot
1.42 ac
Current owner
From public records · entity-resolved
Reg Atx 2000 E 6th St Ltd
Individual
Mailing address
500 W 5TH ST STE #700, AUSTIN, TX 78701-3833
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 22, 2022
—
Reg Atx 2000 E 6th St Ltd
Anchor Equities Ltd
Venders Lien
$7,728,276 · Guaranty Bank & Trust NA
Mar 10, 2022
—
Anchor Equities Ltd
Soco Advisors LLC
Correction Deed
related
—
Mar 8, 2022
—
Anchor Equities Ltd
Soco Advisors LLC
Special Warranty Deed
—
Jan 6, 2022
—
Soco Advisors LLC
Anchor Equities Ltd
Special Warranty Deed
—
Jul 2, 2004
—
Anchor Equities Ltd
Cedar Contracting INC
Warranty Deed
related
—
—
—
Anchor Equities Ltd
—
Loan Modification
related
$8,453,261 · Independent Bk
—
—
Anchor Equities Ltd
—
Deed Of Trust
related
$2,500,000 · Liberty Bank Ssb
—
—
Anchor Equities Ltd
—
Loan Modification
related
$8,364,439 · 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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