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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Retail space
2580 Cypress Crk Pkwy Houston, TX 77068-3706
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-4141571
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1979
Construction
STEEL FRAME
Total area
18,730 SF
Lot
1.16 ac (50,442 SF)
APN
420880000173
UPID
US82-4141571
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
-
Salon 180 Hair Salon
-
Dondey Fireworks Discount Store Party Supply Store
-
Rodeo Rink HTX Sports Field & Court
-
4Th N Inches CBD and Exotics Shopping Center & Mall
-
Trusted Auto Inspection Vehicle Inspection Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$405k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$733k
Blend (final)
Blend
$570k
Owner & transaction history
1960 Steeplechase Invs LLC · 5 yrs held
1960 Steeplechase Invs 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 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
$405,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$570k
Range $513k – $627k · ±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
$30 / 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
$10,145
Tax year 2022
Assessed value
$1,400,179
Assessed 2024
Previous assessed
$1,413,076
-0.9% YoY
Effective rate
0.72%
On assessed value
Assessed land
$504,420
Assessed improvement
$895,759
Land market value
$504,420
Improvement market value
$895,759
Total market value
$1,400,179
Applied tax rate
24.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1979
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
18,730 SF
Lot
1.16 ac (50,442 SF)
APN
420880000173
UPID
US82-4141571
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
1979
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
1.16 ac
Current owner
From public records · entity-resolved
1960 Steeplechase Invs LLC
Entity
Mailing address
6464 SAVOY DR #520, HOUSTON, TX 77036-3395
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2020
—
1960 Steeplechase Invs LLC
Bbu Investment LLC
Warranty Deed
$994,000 · Origin Bk
Dec 11, 2018
—
Bbu Investment LLC
—
Deed
related
$750,000 · Texas Cap Bk
Jul 16, 2018
—
Bbu Investment LLC
—
Deed
related
$750,000 · Texas Cap Bk
Apr 25, 2018
—
Bbu Investment LLC
—
Deed
related
$750,000 · Texas Cap Bk
Feb 23, 2018
—
Bbu Investment LLC
—
Deed
related
$750,000 · Texas Cap Bk
Sep 27, 2012
—
Bbu Investment LLC
Mih Investments & Mgmt LLC
Warranty Deed
related
—
Sep 26, 2012
—
Mih Investments & Mgmt LLC
Bbu Investment LLC
Warranty Deed
related
—
Sep 8, 2011
—
Bbu Investment LLC
Hess,sara
Warranty Deed
$450,000 · Richard Browne
—
—
Bbu Investment LLC
—
Deed Of Trust
related
$750,000 · Texas Capital Bank NA
—
—
Bbu Investment LLC
—
Loan Modification
related
$750,000 · Texas Cap Bk
—
—
Bbu Investment LLC
—
Deed Of Trust
related
$750,000 · Texas Capital Bank NA
—
—
Bbu Investment LLC
—
Loan Modification
related
$750,000 · Texas Cap Bk
—
—
Bbu Investment LLC
—
Loan Modification
related
$750,000 · Texas Cap Bk
—
—
Bbu Investment LLC
—
Loan Modification
related
$750,000 · Texas Cap 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.
Try Rey
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