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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Grocery and convenience stores
288 Fm 1462 Rosharon, TX 77583
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US82-9046246
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2019
Total area
6,345 SF
Lot
2.75 ac (119,790 SF)
APN
0534-0003-110
UPID
US82-9046246
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
$510k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$715k
Blend (final)
Blend
$615k
Owner & transaction history
Texas Barge & Boat INC
Texas Barge & Boat INC
since 2026
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$990,000
+228.0%
Auto repair, garage
$840,000
+178.6%
Restaurant
$820,000
+172.6%
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 Rosharon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rosharon 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
$510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$990,000
Change: +228% · Conversion: Easy
AUTO REPAIR, GARAGE
$840,000
Change: +179% · Conversion: Difficult
RESTAURANT
$820,000
Change: +173% · Conversion: Difficult
OFFICE BUILDING
$805,000
Change: +167% · Conversion: Moderate
RETAIL STORES
$610,000
Change: +103% · Conversion: Easy
MEDICAL BUILDING
$545,000
Change: +80% · Conversion: Difficult
WAREHOUSE, STORAGE
$440,000
Change: +45% · Conversion: Difficult
Blend value · Realmo final
$615k
Range $554k – $677k · ±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
$97 / 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 2018Property tax & assessments
Tax year 2018
Tax billed
$38,070
Tax year 2018
Assessed value
$2,150,000
Assessed 2023
Previous assessed
$1,665,230
+29.1% YoY
Effective rate
1.77%
On assessed value
Assessed land
$278,600
Assessed improvement
$1,871,400
Land market value
$278,600
Improvement market value
$1,871,400
Total market value
$2,150,000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2019
Heating
NONE
Total area
6,345 SF
Lot
2.75 ac (119,790 SF)
APN
0534-0003-110
UPID
US82-9046246
Jurisdiction
BRAZORIA
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
$990,000
AUTO REPAIR, GARAGE
Est. value
$840,000
RESTAURANT
Est. value
$820,000
OFFICE BUILDING
Est. value
$805,000
RETAIL STORES
Est. value
$610,000
MEDICAL BUILDING
Est. value
$545,000
WAREHOUSE, STORAGE
Est. value
$440,000
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
RETAIL STORES
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
2019
Heating
NONE
Lot
2.75 ac
Current owner
From public records · entity-resolved
Texas Barge & Boat INC
Entity
Mailing address
5241 HWY 521ST B B, ARCOLA, TX 77583
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2026
—
Texas Barge & Boat INC
—
Deed
related
$10,050,000 · Hancock Whitney Bk
—
—
Kurjee Ents INC
—
Deed Of Trust
related
$1,641,218 · Patriot Bank NA
—
—
Kurjee Ents INC
—
Deed Of Trust
related
$1,122,200 · Patriot Bk/s Tipton
—
—
Kurjee Ents INC
—
Loan Modification
related
$1,641,218 · Patriot Bank NA
—
—
Kurjee Ents INC
—
Loan Modification
related
$1,641,218 · Patriot Bank NA
—
—
Kurjee Sons INC
—
Loan Modification
related
$1,122,200 · Patriot 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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