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Property profile & analytics
OFF-MARKET
Estimated value
$2,745,000
Distribution centers
21420 Nwnw Fwy Cypress, TX 77429-3394
Individually Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-4106941
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2019
Construction
STEEL FRAME
Total area
151,925 SF
Lot
8.65 ac (376,598 SF)
APN
1410310010001
UPID
US82-4106941
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
$2.75M
Owner & transaction history
Kbusa Prop 21420 Nw Freeway Ll · 6 yrs held
Kbusa Prop 21420 Nw Freeway Ll
since 2020
3 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 Cypress submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cypress 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
$18 / 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
$90,267
Tax year 2023
Assessed value
$12,974,181
Assessed 2024
Previous assessed
$12,974,181
+0.0% YoY
Effective rate
0.70%
On assessed value
Assessed land
$2,037,738
Assessed improvement
$10,936,443
Land market value
$2,037,738
Improvement market value
$10,936,443
Total market value
$12,974,181
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2019
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Buildings
1
Total area
151,925 SF
Lot
8.65 ac (376,598 SF)
APN
1410310010001
UPID
US82-4106941
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
2019
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Buildings
1
Lot
8.65 ac
Current owner
From public records · entity-resolved
Kbusa Prop 21420 Nw Freeway Ll
Individual
Free & Clear · 6 yrs held
Mailing address
3129 KINGSLEY DR STE #1810, PEARLAND, TX 77584-8511
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2020
—
Kbusa Prop 21420 Nw Freeway Ll
21420 Northwest Freeway LLC
Quit Claim Deed
related
—
Jun 18, 2019
—
21420 Northwest Freeway LLC
—
Grant Deed
related
$7,205,000 · Associated Bk
Nov 16, 2018
—
21420 Northweste Freeway LLC
Northwest Dodge INC
Quit Claim Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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