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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Grocery and convenience stores
2004 William Cannon Dr Austin, TX 78744-3422
Entity Owned
10-yr Hold
Property ID
US82-4316347
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2021
Total area
16,170 SF
Lot
1.27 ac (55,321 SF)
APN
422030122
UPID
US82-4316347
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
-
Cricket Wireless Authorized Retailer Mobile Phone Store Electronics & Wireless Store
-
Caprichos Fruteria Bar & Pub
-
ATM (ATM Link, Inc.) Atm
-
EZ-WAY insurance agency Insurance Agency
-
La Mexicana Supermercado Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$660k
Owner & transaction history
Tati Investment Group LLC · 10 yrs held
Tati Investment Group LLC
since 2015
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 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
$41 / 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
Assessed value
$3,259,000
Assessed 2023
Previous assessed
$3,259,000
+0.0% YoY
Assessed land
$553,210
Assessed improvement
$2,705,790
Land market value
$553,210
Improvement market value
$2,705,790
Total market value
$3,259,000
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
2021
Heating
NONE
Buildings
2
Stories
1
Total area
16,170 SF
Lot
1.27 ac (55,321 SF)
APN
422030122
UPID
US82-4316347
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
2021
Heating
NONE
Stories
1
Buildings
2
Lot
1.27 ac
Current owner
From public records · entity-resolved
Tati Investment Group LLC
Entity
Mailing address
AUSTIN, TX 78717
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2022
—
Tati Investment Group LLC
—
Deed
related
$500,000 · Independent Bank
Aug 31, 2020
—
Tati Investment Group LLC
—
Deed
related
$5,000,000 · Pioneer Fin
Mar 2, 2020
—
Tati Investment Group LLC
—
Deed
related
$507,999 · Wallis Bk
Apr 3, 2018
—
Tati Investment Group LLC
—
Deed
related
$638,000 · Wallis St Bk
Mar 16, 2017
—
Tati Investment Group LLC
—
Deed
related
$718,000 · Wallis St Bk
Sep 6, 2016
—
Tati Investment Group LLC
—
Deed
related
$731,000 · Wallis St Bk
Jul 22, 2015
—
Tati Investment Group LLC
Pedcor Investments
Grant Deed
$798,000 · Wallis St Bk
Sep 23, 2014
—
Pedcor Investments
—
Grant Deed
related
$7,000,000 · Suntrust Bk
Mar 27, 2014
—
Pedcor Investments
East William Cannon 2007 Ltd
Trustees Deed
$2,860,000 · Us Bk
May 10, 2012
—
East William Cannon 2007 Ltd
—
Deed Of Trust
related
$1,702,187 · Commerce National Bank
Feb 9, 2012
—
East William Cannon 2007 Ltd
—
Deed Of Trust
related
$1,702,187 · Commerce National Bank
Dec 10, 2009
—
East William Cannon 2007 Ltd
—
Deed Of Trust
related
$2,106,254 · Commerce National Bank
Jun 19, 2009
—
East Williams Cannon 2007 Ltd
—
Grant Deed
related
$2,418,188 · Commerce National Bank
May 1, 2007
—
East William Cannon 2007 Ltd
Stanzel,ted
Warranty Deed
related
—
—
—
Tati Investment Group LLC
—
Loan Modification
related
$507,999 · Wallis Bk
—
—
Tati Investment Group LLC
—
Loan Modification
related
$798,000 · Wallis St Bk
—
—
Tati Investment Group LLC
—
Loan Modification
related
$731,000 · Wallis St Bk
—
—
Tati Investment Group LLC
—
Loan Modification
related
$718,000 · Wallis St Bk
—
—
Tati Investment Group LLC
—
Loan Modification
related
$638,000 · Wallis St Bk
—
—
Tati Investment Group LLC
—
Deed Of Trust
related
$5,000,000 · Pioneer Fin
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
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