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Property profile & analytics
OFF-MARKET
Estimated value
$1,135,000
Medical Office Space
20320 Nwnw Fwy, Jersey Village, TX 77065-5641
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-4352034
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2007
Construction
BRICK
Total area
46,513 SF
Lot
4.1 ac (178,539 SF)
APN
1234350000002
UPID
US82-4352034
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
$1.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.22M
Blend (final)
Blend
$1.14M
Owner & transaction history
Cypress Mob LLC · 12 yrs held
Cypress Mob LLC
since 2014
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.7M
+53.9%
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 Jersey Village submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jersey Village 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
$1,050,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,105,000
Current use
RETAIL STORES
$1,700,000
Change: +54% · Conversion: Difficult
Blend value · Realmo final
$1.14M
Range $1.02M – $1.25M · ±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
$24 / 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
$87,562
Tax year 2022
Assessed value
$10,888,802
Assessed 2024
Previous assessed
$12,744,613
-14.6% YoY
Effective rate
0.80%
On assessed value
Assessed land
$3,570,780
Assessed improvement
$7,318,022
Land market value
$3,570,780
Improvement market value
$7,318,022
Total market value
$10,888,802
Applied tax rate
4.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2007
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Total area
46,513 SF
Lot
4.1 ac (178,539 SF)
APN
1234350000002
UPID
US82-4352034
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
MEDICAL BUILDING Current
Est. value
$1.1M
RETAIL STORES
Est. value
$1.7M
MEDICAL BUILDING Current
RETAIL STORES
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
2007
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Buildings
1
Lot
4.1 ac
Current owner
From public records · entity-resolved
Cypress Mob LLC
Entity
Mailing address
1600 WW LOOP S STE #900, HOUSTON, TX 77027-3050
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
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2016
—
Cypress Mob LLC
—
Deed
related
$9,100,000 · Silverpeak R/e Fin
Mar 18, 2014
—
Cypress Mob LLC
Bronner Family Trust
Grant Deed
related
—
Dec 28, 2012
—
Bronner Family Trust
Fm 1960 Medical Village Physic
Warranty Deed
$5,669,022 · Private Individual
Jan 15, 2010
—
290 Dev Group LP
—
Grant Deed
related
$5,108,832 · Trustmark National Bank
Aug 28, 2009
—
290 Dev Group
—
Grant Deed
related
$5,108,832 · Trustmark National Bank
Oct 19, 2007
—
State Of Texas
290 Dev Group
Grant Deed
related
—
Oct 16, 2007
—
Imperial 290 Hospitality Group
290 Dev Group
Quit Claim Deed
related
—
Aug 1, 2007
—
290 Development Group
—
Trustees Deed
related
$5,795,700 · Trustmark National Bank
Sep 12, 2006
—
290 Dev Group
Wortham Dev Ltd
Warranty Deed
$2,800,000 · Trustmark National Bank
—
—
290 Dev Group
—
Deed Of Trust
related
$4,133,345 · Trustmark National Bank
—
—
Cypress Mob LLC
—
Loan Modification
related
$5,615,553 · Wells Fargo Bk
—
—
Fm 1960 Medical Village Physic
—
Deed Of Trust
related
$951,741 · Bank Of Houston
—
—
Fm 1960 Medical Village Physic
—
Deed Of Trust
related
$570,000 · Bank Of Houston
—
—
290 Dev Group LP
—
Deed Of Trust
related
$71,775 · Bank Of Houston
—
—
Fm 1960 Medical Village Physic
—
Deed Of Trust
related
$951,741 · Bank Of Houston
—
—
Cypress Mob LLC
—
Deed Of Trust
related
$9,100,000 · Silverpeak R/e Fin
—
—
290 Dev Group
—
Deed Of Trust
related
$4,388,687 · Trustmark National 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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