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Property profile & analytics
OFF-MARKET
Estimated value
$1,070,000
Flex space
27950 Commercial Park Rd Tomball, TX 77375-6535
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US82-3422910
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2001
Construction
METAL FRAME
Total area
30,000 SF
Lot
13.73 ac (598,079 SF)
APN
1208570030007
UPID
US82-3422910
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
-
Hole Specialists Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.11M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$1.07M
Owner & transaction history
Larry A Robinson · 8 yrs held
Larry A Robinson
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.7M
+113.9%
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 Tomball submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tomball 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
$1,105,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$790,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,690,000
Change: +114% · Conversion: Difficult
Blend value · Realmo final
$1.07M
Range $963k – $1.18M · ±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
$36 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$49,531
Tax year 2023
Assessed value
$5,526,095
Assessed 2024
Previous assessed
$5,526,095
+0.0% YoY
Effective rate
0.90%
On assessed value
Assessed land
$2,253,119
Assessed improvement
$3,272,976
Land market value
$2,253,119
Improvement market value
$3,272,976
Total market value
$5,526,095
Applied tax rate
26.0000
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
2001
Construction
METAL FRAME
Heating
NONE
Cooling
CENTRAL
Buildings
4
Stories
1
Total area
30,000 SF
Lot
13.73 ac (598,079 SF)
APN
1208570030007
UPID
US82-3422910
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
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$790,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.7M
INDUSTRIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
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
2001
Construction
METAL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Lot
13.73 ac
Current owner
From public records · entity-resolved
Larry A Robinson
Individual
Mailing address
27950 COMMERCIAL PARK RD, TOMBALL, TX 77375-6535
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2018
—
Larry A Robinson
—
Deed
related
$500,000 · Citizens Fed'l Bk
Oct 31, 2017
—
Larry A Robinson
—
Deed
related
$5,000,000 · Citizens Bk
Aug 24, 2011
—
Larry A Robinson
—
Trustees Deed
related
$1,702,000 · Frost National Bank
—
—
Larry A Robinson
—
Deed Of Trust
related
$1,100,000 · Frost National Bank
—
—
Larry A Robinson
—
Deed Of Trust
related
$1,100,000 · Frost National Bank
—
—
Larry A Robinson
—
Deed Of Trust
related
$500,000 · Citizens Fed'l Bk
—
—
Larry A Robinson
—
Deed Of Trust
related
$5,000,000 · Citizens 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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