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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Medical Office Space
2800 Fm 1486th Rd Montgomery, TX 77316-2477
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US83-2309733
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2020
Lot
19.35 ac (843,017 SF)
APN
0016-00-01310
UPID
US83-2309733
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
$700k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$700k
Owner & transaction history
Ddr LLC · 6 yrs held
Ddr LLC
since 2019
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 Montgomery submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Montgomery 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
$700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$700k
Range $630k – $770k · ±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
—
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 2024Property tax & assessments
Tax year 2024
Tax billed
$60,465
Tax year 2024
Assessed value
$4,050,000
Assessed 2024
Previous assessed
$3,855,920
+5.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$630,517
Assessed improvement
$3,419,483
Land market value
$630,517
Improvement market value
$3,419,483
Total market value
$4,050,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2020
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Lot
19.35 ac (843,017 SF)
APN
0016-00-01310
UPID
US83-2309733
Jurisdiction
MONTGOMERY
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
2020
Heating
FORCED AIR
Cooling
Yes
Buildings
2
Lot
19.35 ac
Current owner
From public records · entity-resolved
Ddr LLC
Entity
Mailing address
2800 S FM 1486TH RD, MONTGOMERY, TX 77316-2477
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 7, 2023
—
Ddr LLC
—
Deed
related
$5,321,000 · Frost Bank
Apr 29, 2021
—
Ddr LLC
—
Deed
related
$461,000 · Bancorpsouth Bank
Jun 2, 2020
—
Ddr LLC
—
Deed
related
$4,209,400 · Bancorpsouth
Dec 20, 2019
—
Ddr LLC
Donald L Heathcott
Warranty Deed
—
Mar 24, 2014
—
Heathcott,donald L & Charlotte K
Wirt,freddy
Warranty Deed
$341,250 · Woodforest Nat'l Bk
Jun 15, 2007
—
Freddy Wirt
Cooper,gary & Anna
Warranty Deed
$276,000 · Woodforest National Bank
Jan 10, 2007
—
Gary Cooper
Enloe,bobby & Janie
Warranty Deed
related
—
Nov 14, 2005
—
Bobby Enloe
Western United Life Assurance
Grant Deed
$81,175 · Glenn E Wilson
—
—
Ddr LLC
—
Deed Of Trust
related
$4,209,400 · Bancorpsouth
—
—
Freddy Wirt
—
Deed Of Trust
related
$147,121 · Woodforest National Bank
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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