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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
2924 Nederland Ave Nederland, TX 77627-7019
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US82-1205782
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1988
Total area
2,400 SF
Lot
0.42 ac (18,208 SF)
APN
072450-000-002500-00000
UPID
US82-1205782
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
-
Athena Bitcoin ATM Crypto Atm Atm
-
ONTRAK VALERO Gas Station
-
Valero smoke vape (Bike/Boat/Book/etc) Store Alternative Medicine Practice
-
Ontrak Valero - Vapor Store (Bike/Boat/Book/etc) Store Alternative Medicine Practice
-
ATM (Ontrak) Atm
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
Rj Business LLC · 5 yrs held
Rj Business LLC
since 2020
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 Nederland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nederland 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 2023Property tax & assessments
Tax year 2023
Tax billed
$9,179
Tax year 2023
Assessed value
$410,994
Assessed 2023
Previous assessed
$410,994
+0.0% YoY
Effective rate
2.23%
On assessed value
Assessed land
$54,600
Assessed improvement
$356,394
Land market value
$54,600
Improvement market value
$356,394
Total market value
$410,994
Applied tax rate
107.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1988
Heating
NONE
Stories
1
Total area
2,400 SF
Lot
0.42 ac (18,208 SF)
APN
072450-000-002500-00000
UPID
US82-1205782
Jurisdiction
JEFFERSON
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
1988
Heating
NONE
Stories
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
Rj Business LLC
Entity
Mailing address
2924 NEDERLAND AVE, NEDERLAND, TX 77627-7019
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
Jul 15, 2024
—
Rj Business LLC
—
Deed
related
$1,100,000 · Golden Bank NA
Sep 28, 2020
—
Rj Business LLC
Singla Properties LLC
Venders Lien
$849,000 · Southwestern National Bank
Aug 18, 2017
—
Singla Properties LLC
Pricewise LLC
Warranty Deed
$562,500 · Southwestern Nat'l Bk
Dec 24, 2013
—
Pricewise LLC
Transtop LLC
Grant Deed
$400,000 · Mid South Bank
Aug 24, 2010
—
Transtop LLC
Anna Trading INC
Warranty Deed
$440,000 · One World Bank
Jan 26, 2009
—
Anna Trading INC
Spencer Realty
Grant Deed
$294,000 · One World Bank
Mar 11, 2005
—
Spencer Realty
Spencer Distributing
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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