Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,020,000
Outlet malls
19945 Cres Grn Dr Houston, TX 77094
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-1439572
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1997
Construction
STEEL FRAME
Total area
29,496 SF
Lot
2.02 ac (87,817 SF)
APN
1189250010001
UPID
US82-1439572
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
-
G & S Garage Door Repair Building Supply General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$890k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.15M
Blend (final)
Blend
$1.02M
Owner & transaction history
Paulo Sanchez · 5 yrs held
Paulo Sanchez
since 2020
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 Houston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Houston 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
$890,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.02M
Range $918k – $1.12M · ±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
$35 / 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
$37,323
Tax year 2022
Assessed value
$2,179,751
Assessed 2024
Previous assessed
$2,127,300
+2.5% YoY
Effective rate
1.71%
On assessed value
Assessed land
$1,317,240
Assessed improvement
$862,511
Land market value
$1,317,240
Improvement market value
$862,511
Total market value
$2,179,751
Applied tax rate
19.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1997
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
29,496 SF
Lot
2.02 ac (87,817 SF)
APN
1189250010001
UPID
US82-1439572
Jurisdiction
HARRIS
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
1997
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
2.02 ac
Current owner
From public records · entity-resolved
Paulo Sanchez
Individual
Free & Clear · 5 yrs held
Mailing address
19601 N 27TH AVE, PHOENIX, AZ 85027-4008
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2020
—
Paulo Sanchez
Daniel C Wagner
Grant Deed
related
—
Nov 17, 2014
—
Julie L Goldman
Goldman,karen S
Quit Claim Deed
related
—
Jan 28, 2013
—
Hassan Childrens Trust
Hassan,mischa & Ausra
Quit Claim Deed
related
—
Apr 12, 2010
—
14-grn Green Tree LLC
Harris Restated Family Trust
Grant Deed
related
—
Jan 11, 2005
—
Sarty Merrill & Dawn Trust
Caltim Ltd
Grant Deed
related
—
Oct 25, 2004
—
Blockhus Trust
Caltim Ltd
Grant Deed
$123,000 · Real Tax INC
Sep 20, 2004
—
Crawford Trust
Caltim Ltd
Grant Deed
$42,000 · Real Tax INC
Sep 14, 2004
—
Rendahl Trust
Caltim Ltd
Grant Deed
related
—
Aug 24, 2004
—
Caltim Ltd
Sherman Oaks
Grant Deed
related
—
Aug 20, 2004
—
Sheryl L Bowman
Caltim Ltd
Grant Deed
$42,000 · Real Tax INC
Aug 3, 2004
—
Caltim Ltd
Ianni,richard
Grant Deed
related
—
Jun 15, 2004
—
Caltim Ltd
Lynch,bob A & Susan B
Grant Deed
related
—
—
—
Ireit Katy Green Tree LLC
—
Deed Of Trust
related
$13,100,000 · Wells Fargo Bk
—
—
Sheryl L Bowman
—
Deed Of Trust
related
$8,000 · Real Tax INC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 19945 Cres Grn Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
