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Property profile & analytics
OFF-MARKET
Strip malls
2123 Hwy 90 Crosby, TX 77532-6681
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US83-3862042
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2005
Construction
STEEL FRAME
Total area
10,032 SF
Lot
0.73 ac (31,794 SF)
APN
861640000015
UPID
US83-3862042
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Chc Investments LLC · 21 yrs held
Chc Investments LLC
since 2005
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 Crosby submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Crosby 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 2022Property tax & assessments
Tax year 2022
Tax billed
$9,291
Tax year 2022
Assessed value
$1,570,019
Assessed 2024
Previous assessed
$1,510,529
+3.9% YoY
Effective rate
0.59%
On assessed value
Assessed land
$365,643
Assessed improvement
$1,204,376
Land market value
$365,643
Improvement market value
$1,204,376
Total market value
$1,570,019
Applied tax rate
5.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2005
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
10,032 SF
Lot
0.73 ac (31,794 SF)
APN
861640000015
UPID
US83-3862042
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
2005
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
Chc Investments LLC
Entity
Mailing address
PO BOX 442, CROSBY, TX 77532-0442
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 3, 2019
—
Chc Investments LLC
—
Deed
related
$410,589 · Independent Bk
Aug 26, 2019
—
Chc Investments LLC
—
Deed
related
$877,976 · Independent Bk
Dec 12, 2005
—
Chc Investments LLC
—
Trustees Deed
related
$1,132,680 · Regions Bank
Apr 6, 2005
—
Chc Investments LLC
Chevron USA INC
Grant Deed
$248,000 · Sterling Bank
Dec 17, 2004
—
Connie S Russell
Krebs,paul H
Warranty Deed
$60,281 · Paul H Krebs
Sep 7, 1999
—
R Warehousing & Port Services
Woodard,t V
Grant Deed
$306,000 · Union Planters National Bank
—
—
Chc Investments LLC
—
Loan Modification
related
$410,589 · Independent Bk
—
—
Chc Investments LLC
—
Loan Modification
related
$877,976 · Independent Bk
—
—
Chc Investments LLC
—
Deed Of Trust
related
$1,100,000 · Bank Of Houston
—
—
Sharon Montgomery
—
Deed Of Trust
related
$123,700 · Conseco Finance Servicing Corp
—
—
Chc Investments LLC
—
Deed Of Trust
related
$466,500 · Independent Bk
—
—
Chc Investments LLC
—
Deed Of Trust
related
$1,350,000 · Sterling 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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