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Property profile & analytics
OFF-MARKET
Estimated value
$1,175,000
Automotive properties
20233 Gulf Fwy Webster, TX 77598-4809
Entity Owned
27-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-4866788
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
16,815 SF
Lot
3.82 ac (166,312 SF)
APN
361730000035
UPID
US82-4866788
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$940k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.41M
Blend (final)
Blend
$1.18M
Owner & transaction history
Adler Property Companies LLC · 27 yrs held
Adler Property Companies LLC
since 1998
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.3M
+28.7%
Apartment house (5+ units)
$1.2M
+17.3%
Office building
$1.2M
+10.5%
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 Webster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Webster 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
$940,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,040,000
Current use
COMMERCIAL (GENERAL)
$1,340,000
Change: +29% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,220,000
Change: +17% · Conversion: Difficult
OFFICE BUILDING
$1,150,000
Change: +10% · Conversion: Difficult
MEDICAL BUILDING
$1,005,000
Change: -4% · Conversion: Difficult
RESTAURANT
$990,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$1.18M
Range $1.06M – $1.29M · ±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
$70 / 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
$35,118
Tax year 2022
Assessed value
$4,747,914
Assessed 2024
Previous assessed
$4,041,110
+17.5% YoY
Effective rate
0.74%
On assessed value
Assessed land
$2,660,992
Assessed improvement
$2,086,922
Land market value
$2,660,992
Improvement market value
$2,086,922
Total market value
$4,747,914
Applied tax rate
27.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
6
Stories
1
Total area
16,815 SF
Lot
3.82 ac (166,312 SF)
APN
361730000035
UPID
US82-4866788
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
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.0M
RESTAURANT
Est. value
$990,000
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
MEDICAL BUILDING
RESTAURANT
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
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
6
Lot
3.82 ac
Current owner
From public records · entity-resolved
Adler Property Companies LLC
Entity
Mailing address
14101 NN FWY, HOUSTON, TX 77090-6919
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 11, 2023
—
Victor George Real Estate Holdings
—
Deed
related
$6,806,000 · Ally Bank
Nov 6, 2012
—
Adler Property Companies LLP
—
Loan Modification
related
$10,080,000 · J P Morgan Chase Bank
Mar 11, 2011
—
Adler Property Companies LLP
—
Deed Of Trust
related
$9,000,000 · J P Morgan Chase Bank
Feb 15, 2010
—
Adler Property Companies LLP
—
Deed Of Trust
related
$2,890,000 · J P Morgan Chase Bank
Aug 7, 2008
—
Adler Property Companies LLP
—
Deed Of Trust
related
$2,890,000 · Jp Morgan Chase Bk
Nov 4, 1998
—
Adler Property Companies LLC
Volkswagen Of America INC
Grant Deed
related
—
—
—
Adler Property Companies LLP
—
Loan Modification
related
$2,890,000 · Jp Morgan Chase Bk
—
—
Adler Property Companies LLP
—
Deed Of Trust
related
$4,547,500 · Compass Bk
—
—
Adler Property Companies LLP
—
Deed Of Trust
related
$4,547,500 · Compass Bk
—
—
Adler Property Companies LLP
—
Loan Modification
related
$2,890,000 · Jp Morgan Chase Bank NA
—
—
Adler Property Companies LLP
—
Deed Of Trust
related
$2,890,000 · J P Morgan Chase 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.
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