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Property profile & analytics
OFF-MARKET
Estimated value
$1,030,000
Office buildings
2233 Yale St, Houston, TX 77008-2503
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US82-5589193
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2013
Construction
BRICK
Total area
11,405 SF
Lot
0.52 ac (22,856 SF)
APN
1296020010001
UPID
US82-5589193
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
-
SKNCRAFT Spa & Massage Center Alternative Medicine Practice
-
713IT Tech Support Center (Bike/Boat/Book/etc) Store
-
3 Brothers Elite Employment Agency
-
Heights of Health Physician Alternative Medicine Practice
-
Kay Krenek Creative Marketing & Advertising Advertising Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$835k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.22M
Blend (final)
Blend
$1.03M
Owner & transaction history
1539 Antoine LLC · 4 yrs held
1539 Antoine LLC
since 2021
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.5M
+71.9%
Restaurant
$1.4M
+64.3%
Retail stores
$1.2M
+38.8%
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 Houston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Houston 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
$835,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$865,000
Current use
AUTO REPAIR, GARAGE
$1,485,000
Change: +72% · Conversion: Difficult
RESTAURANT
$1,420,000
Change: +64% · Conversion: Moderate
RETAIL STORES
$1,200,000
Change: +39% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$840,000
Change: -3% · Conversion: Easy
WAREHOUSE, STORAGE
$815,000
Change: -6% · Conversion: Difficult
MEDICAL BUILDING
$800,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$1.03M
Range $927k – $1.13M · ±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
$90 / 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
$65,985
Tax year 2022
Assessed value
$4,117,359
Assessed 2024
Previous assessed
$3,904,269
+5.5% YoY
Effective rate
1.60%
On assessed value
Assessed land
$2,285,600
Assessed improvement
$1,831,759
Land market value
$2,285,600
Improvement market value
$1,831,759
Total market value
$4,117,359
Applied tax rate
1.0000
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
2013
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
2
Total area
11,405 SF
Lot
0.52 ac (22,856 SF)
APN
1296020010001
UPID
US82-5589193
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$865,000
AUTO REPAIR, GARAGE
Est. value
$1.5M
RESTAURANT
Est. value
$1.4M
RETAIL STORES
Est. value
$1.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$840,000
WAREHOUSE, STORAGE
Est. value
$815,000
MEDICAL BUILDING
Est. value
$800,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RESTAURANT
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
MEDICAL 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
2013
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
1539 Antoine LLC
Entity
Mailing address
2233 YALE ST, HOUSTON, TX 77008-2503
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2021
—
1539 Antoine LLC
Wisteria Equity Management LLC
Venders Lien
$203,000 · Texas Loan Star INC
Jul 20, 2020
—
2301 Yale LLC
—
Deed
related
$2,000,000 · Frost Bk
Dec 6, 2012
—
2301 Yale LLC
Commonplace LLC
Grant Deed
$1,977,000 · Whitney Bank
Sep 25, 2006
—
Commonplace LLC
Davis,austin C & Shan L
Warranty Deed
related
—
Apr 18, 2006
—
Charles E Davis
Master Auto Service INC
Warranty Deed
related
—
—
—
2301 Yale LLC
—
Deed Of Trust
related
$2,000,000 · Frost Bk
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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