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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Warehouses
209 Toepperwein Rd Converse, TX 78109-2231
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-5423607
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2008
Total area
6,000 SF
Lot
2.33 ac (101,669 SF)
APN
05063-941-0010
UPID
US82-5423607
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
by Request
CAP Approach
CAP
$640k
Comparable Approach
Comparable
$635k
Blend (final)
Blend
$640k
Owner & transaction history
Emek Investments LLC · 5 yrs held
Emek Investments LLC
since 2020
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$780,000
+70.6%
Commercial (general)
$695,000
+51.7%
Medical building
$505,000
+10.2%
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 Converse submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Converse 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
by Request
CAP Approach
CAP Return
Estimation
6%
$695,000
6.5%
$640,000
7%
$595,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$460,000
Current use
RESTAURANT
$780,000
Change: +71% · Conversion: Difficult
COMMERCIAL (GENERAL)
$695,000
Change: +52% · Conversion: Difficult
MEDICAL BUILDING
$505,000
Change: +10% · Conversion: Difficult
AUTO REPAIR, GARAGE
$470,000
Change: +3% · Conversion: Easy
RETAIL STORES
$460,000
Change: +0% · Conversion: Moderate
Blend value · Realmo final
$640k
Range $576k – $704k · ±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
$107 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$23,385
Tax year 2023
Assessed value
$1,046,990
Assessed 2024
Previous assessed
$1,046,990
+0.0% YoY
Effective rate
2.23%
On assessed value
Assessed land
$182,910
Assessed improvement
$864,080
Land market value
$182,910
Improvement market value
$864,080
Total market value
$1,046,990
Applied tax rate
6.0000
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2008
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
6,000 SF
Lot
2.33 ac (101,669 SF)
APN
05063-941-0010
UPID
US82-5423607
Jurisdiction
BEXAR
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
WAREHOUSE, STORAGE Current
Est. value
$460,000
RESTAURANT
Est. value
$780,000
COMMERCIAL (GENERAL)
Est. value
$695,000
MEDICAL BUILDING
Est. value
$505,000
AUTO REPAIR, GARAGE
Est. value
$470,000
RETAIL STORES
Est. value
$460,000
WAREHOUSE, STORAGE Current
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
2008
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
2.33 ac
Current owner
From public records · entity-resolved
Emek Investments LLC
Entity
Mailing address
15302 MARSHA ST, AUSTIN, TX 78728-4740
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 15, 2026
—
Emek Investments LLC
—
Deed
related
$2,000,000 · Southside Bank
Aug 11, 2020
—
Emek Investments LLC
Converse Tool & Die LLC
Warranty Deed
$437,500 · Converse Tool & Die LLC
Feb 12, 2016
—
Papa Dantes LLC
Converse Tool & Die LLC
Warranty Deed
related
—
Jul 8, 2014
—
Converse Tool & Die LLC
Reyes,arturo M
Warranty Deed
—
May 1, 2014
—
Arturo M Reyes
Wire-tech Edm INC
Warranty Deed
—
—
—
Converse Tool & Die LLC
—
Deed Of Trust
related
$126,700 · Texas Cmnty 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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