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Property profile & analytics
OFF-MARKET
Auto shops
2304 Preston Ave Pasadena, TX 77503-3747
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-4073798
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2015
Construction
METAL FRAME
Total area
2,450 SF
Lot
0.27 ac (11,935 SF)
APN
172100000015
UPID
US83-4073798
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
Jjh Group LLC · 5 yrs held
Jjh Group LLC
since 2020
7 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 Pasadena submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pasadena 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 2020Property tax & assessments
Tax year 2020
Tax billed
$2,203
Tax year 2020
Assessed value
$261,587
Assessed 2024
Previous assessed
$291,769
-10.3% YoY
Effective rate
0.84%
On assessed value
Assessed land
$95,480
Assessed improvement
$166,107
Land market value
$95,480
Improvement market value
$166,107
Total market value
$261,587
Applied tax rate
21.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2015
Construction
METAL FRAME
Heating
NONE
Cooling
NONE
Buildings
1
Total area
2,450 SF
Lot
0.27 ac (11,935 SF)
APN
172100000015
UPID
US83-4073798
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
2015
Construction
METAL FRAME
Heating
NONE
Cooling
Yes
Buildings
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Jjh Group LLC
Entity
Mailing address
4220 PASADENA BLVD TRLR #83, PASADENA, TX 77503-3565
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2020
—
Jjh Group LLC
Jin K Lee
Warranty Deed
$1,975,000 · American First Nat'l Bk
Mar 23, 2020
—
Jin K Lee
—
Deed
related
$179,218 · American First Nat'l Bk
Mar 6, 2018
—
Jin K Lee
S & A Investment LLC
Warranty Deed
$196,000 · American First Nat'l Bk
Oct 17, 2017
—
Pasadena Five Star INC
Five Star Venture INC
Quit Claim Deed
related
$523,850 · Texan Bk
Sep 19, 2014
—
Luis A Gallegos
Sillas,maricela A
Grant Deed
related
—
Oct 18, 2011
—
Five Star Venture INC
Hoorshad,tony
Grant Deed
$515,000 · Tony Hoorshad
May 6, 2005
—
Armando L Pasco JR.
Camarillo,philipp P
Warranty Deed
$157,500 · Laredo National Bank
May 24, 2000
—
Jose V Sanchez
Hallaran,alice A
Grant Deed
$21,513 · Bank Of America
—
—
Jin K Lee
—
Loan Modification
related
$179,218 · American First Nat'l 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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