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Property profile & analytics
OFF-MARKET
Estimated value
$4,750,000
Warehouses
2631 Capital Of Texas Hwy, Austin, TX 78746-7729
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US82-7237417
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2013
Total area
56,793 SF
Lot
12.27 ac (534,351 SF)
APN
103190104
UPID
US82-7237417
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
-
Extra Space Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.56M
Blend (final)
Blend
$4.75M
Owner & transaction history
Extra Space Properties 129 LLC · 9 yrs held
Extra Space Properties 129 LLC
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$6.0M
+116.9%
Restaurant
$5.6M
+104.1%
Retail stores
$5.5M
+98.4%
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 Austin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Austin 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,985,000
Change: +117% · Conversion: Difficult
RESTAURANT
$5,630,000
Change: +104% · Conversion: Difficult
RETAIL STORES
$5,475,000
Change: +98% · Conversion: Moderate
OFFICE BUILDING
$5,420,000
Change: +96% · Conversion: Difficult
MEDICAL BUILDING
$4,005,000
Change: +45% · Conversion: Difficult
Blend value · Realmo final
$4.75M
Range $4.28M – $5.23M · ±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
$84 / 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
Assessed value
$27,404,581
Assessed 2023
Previous assessed
$27,404,581
+0.0% YoY
Assessed land
$4,862,585
Assessed improvement
$22,541,996
Land market value
$4,862,585
Improvement market value
$22,541,996
Total market value
$27,404,581
Applied tax rate
2.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2013
Heating
YES
Cooling
YES
Buildings
2
Stories
3
Total area
56,793 SF
Lot
12.27 ac (534,351 SF)
APN
103190104
UPID
US82-7237417
Jurisdiction
TRAVIS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$6.0M
RESTAURANT
Est. value
$5.6M
RETAIL STORES
Est. value
$5.5M
OFFICE BUILDING
Est. value
$5.4M
MEDICAL BUILDING
Est. value
$4.0M
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
OFFICE BUILDING
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2013
Heating
YES
Cooling
Yes
Stories
3
Buildings
2
Lot
12.27 ac
Current owner
From public records · entity-resolved
Extra Space Properties 129 LLC
Entity
Mailing address
PO BOX 71870, SALT LAKE CITY, UT 84171-0870
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2018
—
Extra Space Properties 129 LLC
—
Deed
related
$14,000,000 · Branch Bk&tr
Aug 31, 2016
—
Extra Space Properties 129 LLC
Extra Space Properties Two LLC
Quit Claim Deed
$42,500,000 · Branch Bk&tr
Jan 13, 2015
—
Extra Space Properties Two LLC
360 Mini Storage Ltd
Grant Deed
related
—
May 11, 2012
—
360 Mini Storage Ltd
Uplifting Properties LP
Special Warranty Deed
$7,140,000 · Comerica Bank
Jun 21, 2005
—
Uplifting Propersties
Pisces Foods
Grant Deed
—
Jun 23, 2004
—
Leon A Schmidt
Schmidt Leon A
Quit Claim Deed
related
—
Jun 18, 2004
—
Pisces Foods
Schmidt Leon
Grant Deed
related
—
—
—
Extra Space Properties 129 LLC
—
Deed Of Trust
related
$14,000,000 · Branch Bk&tr
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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