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Property profile & analytics
OFF-MARKET
Estimated value
$1,700,000
Office buildings
213 Southmore Ave Pasadena, TX 77502-1030
Entity Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-4592439
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
56,452 SF
Lot
1.34 ac (58,153 SF)
APN
700590000261
UPID
US82-4592439
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
Current use
Occupant on record · Public records
-
Oquirrh Mountain Phlebotomy School Vocational School Training Center
-
Bridge Administrative Services Social Service Agency Charitable Organization
-
PRO-BUILDERS 360, LLC Construction Company General Contractor
-
McDonald Worley PC Law Firm
-
A&Y Income tax Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.70M
Owner & transaction history
Oxley Leasing Houston One LLC · 11 yrs held
Oxley Leasing Houston One LLC
since 2014
4 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 Pasadena submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pasadena 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
$30 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$24,151
Tax year 2020
Assessed value
$3,016,089
Assessed 2024
Previous assessed
$3,084,233
-2.2% YoY
Effective rate
0.80%
On assessed value
Assessed land
$581,530
Assessed improvement
$2,434,559
Land market value
$581,530
Improvement market value
$2,434,559
Total market value
$3,016,089
Applied tax rate
21.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
4
Total area
56,452 SF
Lot
1.34 ac (58,153 SF)
APN
700590000261
UPID
US82-4592439
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
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
1
Lot
1.34 ac
Current owner
From public records · entity-resolved
Oxley Leasing Houston One LLC
Entity
Free & Clear · 11 yrs held
Mailing address
2646 S LOOP FWY W STE #122, HOUSTON, TX 77054-2861
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2014
—
Oxley Leasing Houston One LLC
Petereits 213 West Southmore
Grant Deed
related
—
Jun 30, 2004
—
Petereits 213 West Southmore
213 West Southmore Ave INC
Quit Claim Deed
related
—
Aug 14, 1998
—
Kbs Capital I LLC
Puget Of Texas INC
Grant Deed
related
—
—
—
213 West Southmore Ave INC
—
Deed Of Trust
related
$241,397 · Washington Mutual Fsb
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.
Try Rey
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