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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Warehouses
2119 State Hwy 361 Port Aransas, TX 78373-4801
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-0360492
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2003
Total area
12,275 SF
Lot
1.02 ac (44,475 SF)
Zoning code
T/REC
APN
8087-0001-0020
UPID
US82-0360492
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
$390k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$718k
Blend (final)
Blend
$555k
Owner & transaction history
Ksj Interests LLC · 3 yrs held
Ksj Interests LLC
since 2022
7 recorded transactions
Zoning & alternative use
T/REC · Port Aransas, TX
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 Port Aransas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Aransas 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
$390,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$470,000
Current use
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
$45 / 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
$21,119
Tax year 2023
Assessed value
$1,972,291
Assessed 2024
Previous assessed
$1,671,196
+18.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$1,334,070
Assessed improvement
$638,221
Land market value
$1,334,070
Improvement market value
$638,221
Total market value
$1,972,291
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Heating
NONE
Total area
12,275 SF
Lot
1.02 ac (44,475 SF)
Zoning code
T/REC
APN
8087-0001-0020
UPID
US82-0360492
Jurisdiction
NUECES
Zoning & alternative use
T/REC · Port Aransas, TX
Zoning T/REC · permitted uses
T/REC · Port Aransas, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Port Aransas. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$470,000
WAREHOUSE, STORAGE Current
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
2003
Heating
NONE
Lot
1.02 ac
Current owner
From public records · entity-resolved
Ksj Interests LLC
Entity
Mailing address
1008 S ROCK ST, GEORGETOWN, TX 78626-5837
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Oct 6, 2022
—
Ksj Interests LLC
Laura L Amstead
Venders Lien
$1,032,000 · Bancorpsouth Bank
Apr 9, 2021
—
Laura L Amstead
—
Deed
related
$382,500 · American Bk NA
Dec 30, 2010
—
Laura L Amstead
Azs Investments Ltd
Venders Lien
$382,500 · American Bank NA
Sep 2, 2004
—
Azs Investments Ltd
Garza,arturo A & Sheila M
Warranty Deed
related
—
Jul 12, 2001
—
Arturo A Garza
Snow,mary F & Paul R
Grant Deed
$225,000 · South Texas Nat'l Bank Laredo
—
—
Laura L Amstead
—
Deed Of Trust
related
$382,500 · American Bank
—
—
Arturo A Garza
—
Deed Of Trust
related
$560,000 · South Texas Nat'l Bank Laredo
—
—
Laura L Amstead
—
Loan Modification
related
$382,500 · American Bk NA
—
—
Azs Investments Ltd
—
Deed Of Trust
related
$322,000 · Prosperity 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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