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Property profile & analytics
OFF-MARKET
Warehouses
20220 Morton Rd Katy, TX 77449-1497
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-0211577
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2003
Construction
METAL FRAME
Total area
1,200 SF
Lot
29.67 ac (1,292,338 SF)
APN
1363490010001
UPID
US83-0211577
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
-
Americas Best Storage Storage Facility
-
Uber Haute Glass and Windows Hardware & Home Improvement Home Decor 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
by Request
Owner & transaction history
Klrv LLC · 5 yrs held
Klrv LLC
since 2021
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 Katy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Katy 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
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$174,436
Tax year 2023
Assessed value
$9,649,824
Assessed 2024
Previous assessed
$9,649,824
+0.0% YoY
Effective rate
1.81%
On assessed value
Assessed land
$3,194,376
Assessed improvement
$6,455,448
Land market value
$3,194,376
Improvement market value
$6,455,448
Total market value
$9,649,824
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2003
Construction
METAL FRAME
Heating
NONE
Cooling
NONE
Buildings
23
Total area
1,200 SF
Lot
29.67 ac (1,292,338 SF)
APN
1363490010001
UPID
US83-0211577
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
2003
Construction
METAL FRAME
Heating
NONE
Cooling
Yes
Buildings
23
Lot
29.67 ac
Current owner
From public records · entity-resolved
Klrv LLC
Entity
Mailing address
3618 E LAKESIDE DR STE #320, ROCKWALL, TX 75087-5329
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2021
—
Klrv LLC
Via Bayou INC
Special Warranty Deed
$27,500,000 · Readycap Commercial LLC
Dec 4, 2020
—
Texas Dept Of Transportation
Centro Cristiano El Alfa Y La
Grant Deed
related
—
Jan 8, 2020
—
Via Bayou INC
—
Deed
related
$4,896,767 · Texas Gulf Bk
Feb 15, 2019
—
Via Bayou INC
—
Deed
related
$1,442,673 · Texas Gulf Bk
Apr 9, 2018
—
Via Bayou INC
—
Deed
related
$1,442,673 · Texas Gulf Bk
Dec 23, 2013
—
Via Bayou INC
—
Trustees Deed
related
$5,550,000 · Texas Gulf Bk
Apr 4, 2012
—
Via Bayou INC
—
Grant Deed
related
$3,800,000 · Resource One FCU
—
—
Via Bayou INC
—
Loan Modification
related
$5,045,124 · Texas Gulf Bk
—
—
Via Bayou INC
—
Loan Modification
related
$1,442,673 · Texas Gulf Bk
—
—
Via Bayou INC
—
Loan Modification
related
$2,529,900 · Texas Gulf Bk
—
—
Via Bayou INC
—
Loan Modification
related
$1,442,673 · Texas Gulf Bk
—
—
Via Bayou INC
—
Loan Modification
related
$4,896,767 · Texas Gulf Bk
—
—
Via Bayou INC
—
Loan Modification
related
$1,442,673 · Texas Gulf 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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