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Property profile & analytics
OFF-MARKET
Estimated value
$495,000
Strip malls
20121 Lk Houston Pkwy Humble, TX 77346-3546
Individually Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-4509288
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2004
Construction
STEEL FRAME
Total area
15,288 SF
Lot
1.9 ac (82,960 SF)
APN
1231470010040
UPID
US82-4509288
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
-
Great American Title Company - Kingwood/Atascocita Real Estate Agency
-
K&S Sportswear Textile Manufacturer Factory
-
Edward Jones - Financial Advisor: Diana G Van Horn, CFP® Financial Advisor
-
Chef Crafted Nutrition (Inside Bear Paw Chiropractic & Wellness) Diabetes Center Nutritionist
-
Next Step Health and Wellness Gym & Fitness Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$500k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$495k
Owner & transaction history
Plazas Of Lake Houston Parkway Ll · 11 yrs held
Plazas Of Lake Houston Parkway Ll
since 2014
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 Humble submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Humble 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
$500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$495k
Range $446k – $545k · ±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
$32 / 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
$28,189
Tax year 2022
Assessed value
$3,319,669
Assessed 2024
Previous assessed
$3,795,460
-12.5% YoY
Effective rate
0.85%
On assessed value
Assessed land
$829,580
Assessed improvement
$2,490,089
Land market value
$829,580
Improvement market value
$2,490,089
Total market value
$3,319,669
Applied tax rate
18.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2004
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
15,288 SF
Lot
1.9 ac (82,960 SF)
APN
1231470010040
UPID
US82-4509288
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
2004
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
1.9 ac
Current owner
From public records · entity-resolved
Plazas Of Lake Houston Parkway Ll
Individual
Mailing address
2221 W LINDSEY ST STE #201, NORMAN, OK 73069-4066
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2021
—
Lake Houston Parkway LLC
—
Deed
related
$2,408,738 · Frazer Bank
Aug 28, 2019
—
Plazas At The Parkway Ltd
—
Loan Modification
related
$7,000,000 · Veritex Cmnty Bk
Dec 29, 2014
—
Plazas Of Lake Houston Parkway Ll
Plazas Of Lake Houston Parkway
Quit Claim Deed
related
$2,812,000 · Interbank
Oct 1, 2008
—
Plazas Of Lake Houston Parkway
—
Trustees Deed
related
$2,210,000 · Tradition Bank
—
—
Plazas Of Lake Houston Parkway Lt
—
Deed Of Trust
related
$33,975 · Tradition Bank
—
—
Plazas Of Lake Houston & Parkway
—
Deed Of Trust
related
$45,973 · Tradition Bank
—
—
Plazas Of Lake Houston Parkway Lt
—
Deed Of Trust
related
$1,967,187 · Tradition Bank
—
—
Plazas Of Lake Houston Parkway
—
Deed Of Trust
related
$2,035,759 · Tradition Bank
—
—
Plaza Of Lake Houston Parkway Ltd
—
Deed Of Trust
related
$45,973 · Tradition Bank
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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