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Property profile & analytics
OFF-MARKET
Flex space
22552 Franz Rd Katy, TX 77449-2721
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US83-0818452
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2016
Construction
METAL FRAME
Total area
7,847 SF
Lot
0.59 ac (25,914 SF)
APN
1381630010005
UPID
US83-0818452
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
by Request
Owner & transaction history
D & A Commercial Investment LLC · 6 yrs held
D & A Commercial Investment LLC
since 2020
5 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 Katy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Katy 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
—
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
$15,369
Tax year 2023
Assessed value
$797,469
Assessed 2024
Previous assessed
$797,469
+0.0% YoY
Effective rate
1.93%
On assessed value
Assessed land
$207,328
Assessed improvement
$590,141
Land market value
$207,328
Improvement market value
$590,141
Total market value
$797,469
Applied tax rate
19.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2016
Construction
METAL FRAME
Heating
NONE
Cooling
NONE
Buildings
1
Total area
7,847 SF
Lot
0.59 ac (25,914 SF)
APN
1381630010005
UPID
US83-0818452
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
2016
Construction
METAL FRAME
Heating
NONE
Cooling
Yes
Buildings
1
Lot
0.59 ac
Current owner
From public records · entity-resolved
D & A Commercial Investment LLC
Entity
Mailing address
22552 FRANZ RD, KATY, TX 77449-2721
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 23, 2025
—
22552 Franz Rd 6 Partners Ltd
—
Deed
related
$475,000 · Worthington Bank
Dec 4, 2023
—
D&a Commerical Investment LLC
—
Deed
related
$2,500,000 · Newtek Bank NA
Feb 8, 2023
—
D&a Commercial Investment LLC
—
Deed
related
$100,000 · Midfirst Bank
Jan 27, 2023
—
D&a Commercial Investment LLC
—
Deed
related
$695,810 · Midfirst Bank
Jan 13, 2020
—
D & A Commercial Investment LLC
Naan Do
Warranty Deed
$400,000 · Tammy T Bui
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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