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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Office buildings
22375 Hammond Dr, Porter, TX 77365-5531
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US83-2406206
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2000
Total area
15,000 SF
Lot
1.47 ac (63,903 SF)
Zoning code
5
APN
9260-02-00500
UPID
US83-2406206
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
$410k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$673k
Blend (final)
Blend
$540k
Owner & transaction history
Rothe Enterprises Manufacturing LLC · 11 yrs held
Rothe Enterprises Manufacturing LLC
since 2014
7 recorded transactions
Zoning & alternative use
5 · Porter, TX
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 Porter submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Porter 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
$410,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$36 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$14,518
Tax year 2024
Assessed value
$639,800
Assessed 2024
Previous assessed
$631,800
+1.3% YoY
Effective rate
2.27%
On assessed value
Assessed land
$127,804
Assessed improvement
$511,996
Land market value
$127,804
Improvement market value
$511,996
Total market value
$639,800
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
2000
Heating
FORCED AIR
Cooling
WINDOW A/C
Buildings
2
Bathrooms
3
Total area
15,000 SF
Lot
1.47 ac (63,903 SF)
Zoning code
5
APN
9260-02-00500
UPID
US83-2406206
Jurisdiction
MONTGOMERY
Zoning & alternative use
5 · Porter, TX
Zoning 5 · permitted uses
5 · Porter, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Porter. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Heating
FORCED AIR
Cooling
Yes
Buildings
2
Bathrooms
3
Lot
1.47 ac
Current owner
From public records · entity-resolved
Rothe Enterprises Manufacturing LLC
Entity
Mailing address
3227 GLADE SPGS DR, KINGWOOD, TX 77339-1949
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2014
—
Rothe Enterprises Manufacturing LLC
James E Byrne
Venders Lien
$460,000 · Comerica Bank
Aug 15, 2012
—
Byrne James E
—
Grant Deed
related
$1,300,000 · Commercial State Bank
Jul 7, 2010
—
Kendall R Tittel
Byrne,james E & Mary A
Grant Deed
$162,000 · James E & Mary A Byrne
Jan 11, 2000
—
James E Byrne
—
Grant Deed
related
$150,000 · Southwest Bank Of Texas
—
—
Byrne,james E & Mary Ann
—
Deed Of Trust
related
$2,750,000 · Commercial St Bk
—
—
Byrne James E
—
Loan Modification
related
$1,700,000 · Commercial State Bank El Campo
—
—
Rothe Ents Manufacturing LLC
—
Deed Of Trust
related
$299,900 · Comerica Bk
—
—
Byrne James E
—
Loan Modification
related
—
—
—
James E Bryne
—
Deed Of Trust
related
$200,000 · Partners Bank Of Texas
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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