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Property profile & analytics
FOR SALE
Hotels
2612 Riverside Dr Houston, TX 77004
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-3318590
For Sale
1 / 7
$2,600,000
2612 Riverside Dr, Houston, TX 77004
View Listing →
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1979
Construction
BRICK
Total area
1,292 SF
Lot
0.74 ac (32,021 SF)
APN
611260360001
UPID
US82-3318590
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
The Real Insurance Lady Agency LLC · 4 yrs held
The Real Insurance Lady Agency LLC
since 2021
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 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
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 2022Property tax & assessments
Tax year 2022
Tax billed
$33,522
Tax year 2022
Assessed value
$1,599,041
Assessed 2024
Previous assessed
$1,663,780
-3.9% YoY
Effective rate
2.10%
On assessed value
Assessed land
$800,525
Assessed improvement
$798,516
Land market value
$800,525
Improvement market value
$798,516
Total market value
$1,599,041
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
Hotels
Use group
HOTEL/MOTEL
Status
For Sale
Year built
1979
Construction
BRICK
Heating
STEAM
Cooling
OTHER
Buildings
5
Stories
2
Total area
1,292 SF
Lot
0.74 ac (32,021 SF)
APN
611260360001
UPID
US82-3318590
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
BRICK
Heating
STEAM
Cooling
Yes
Stories
2
Buildings
5
Lot
0.74 ac
Current owner
From public records · entity-resolved
The Real Insurance Lady Agency LLC
Entity
Mailing address
5514 ARDMORE ST, HOUSTON, TX 77021-1076
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2021
—
The Real Insurance Lady Agency LLC
Jacquelyn Young
Venders Lien
$2,795,000 · Zeus Mortgage Ltd
Oct 11, 2021
—
Jacquelyn Young
La Det Motel INC
Correction Deed
related
—
Aug 5, 2021
—
Jacquelyn Young
Lorina Marshall
Intrafamily Transfer
related
—
Jun 22, 2020
—
Jacquelyn Young
Lorina Marshall
Quit Claim Deed
related
—
Jun 21, 2010
—
Lorine Y Ladet
Ladet,percy L
Quit Claim Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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