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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Warehouses
2214 Bee Crk Rd Spicewood, TX 78669-5136
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US83-3696791
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2001
Construction
STEEL FRAME
Total area
3,200 SF
Lot
4 ac (174,240 SF)
APN
142960108
UPID
US83-3696791
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
$495k
Comparable Approach
Comparable
$522k
Blend (final)
Blend
$510k
Owner & transaction history
Viner Properties LLC · 7 yrs held
Viner Properties LLC
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$455,000
+24.4%
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 Spicewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spicewood 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%
$535,000
6.5%
$495,000
7%
$460,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$365,000
Current use
AUTO REPAIR, GARAGE
$455,000
Change: +24% · Conversion: Easy
OFFICE BUILDING
$360,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$159 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$8,896
Tax year 2022
Assessed value
$520,512
Assessed 2023
Previous assessed
$499,194
+4.3% YoY
Effective rate
1.71%
On assessed value
Assessed land
$278,784
Assessed improvement
$241,728
Land market value
$278,784
Improvement market value
$241,728
Total market value
$520,512
Applied tax rate
2.0000
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
2001
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
3,200 SF
Lot
4 ac (174,240 SF)
APN
142960108
UPID
US83-3696791
Jurisdiction
TRAVIS
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
$365,000
AUTO REPAIR, GARAGE
Est. value
$455,000
OFFICE BUILDING
Est. value
$360,000
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
2001
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
4 ac
Current owner
From public records · entity-resolved
Viner Properties LLC
Entity
Mailing address
210 CRES BLF, LAKEWAY, TX 78734-3459
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2018
—
Viner Properties LLC
Mcjw LLC
Venders Lien
$496,000 · Jpmorgan Chase Bank NA
Jul 30, 2013
—
Mcjw LLC
—
Trustees Deed
related
$29,260 · Horizon Bank
Feb 11, 2013
—
Mcjw LLC
—
Trustees Deed
related
$302,117 · Horizon Bank
Oct 7, 2011
—
Mcjw LLC
Scheible,glen L & Olivia H
Grant Deed
$209,600 · I Bank Texas Ssb
Apr 5, 2005
—
Glen L Scheible
Lone Star Iron Works
Warranty Deed
$140,000 · Prosperity Bank
Jan 5, 2001
—
Loan Star Iron Works
Loan Star Iron Works
Quit Claim Deed
related
$110,000 · Village Bank & Trust
Jun 6, 2000
—
Star Iron Works Lone
Vagshenian,gregory & Athena
Grant Deed
$33,500 · Village Bank & Trust
—
—
Mcjw LLC
—
Loan Modification
related
$302,117 · Horizon Bk Ssb
—
—
Mcjw LLC
—
Loan Modification
related
$29,260 · Horizon Bk Ssb
—
—
Mcjw LLC
—
Deed Of Trust
related
$473,395 · Horizon Bk Ssb
—
—
Mcjw LLC
—
Deed Of Trust
related
$473,395 · Horizon Bk Ssb
—
—
Mcjw LLC
—
Deed Of Trust
related
$41,724 · Horizon Bank
—
—
Mcjw LLC
—
Deed Of Trust
related
$431,671 · Horizon 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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