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Property profile & analytics
OFF-MARKET
Estimated value
$5,485,000
Warehouses
3150 Pollok Dr Conroe, TX 77303-2104
Entity Owned
14-yr Hold
Free & Clear
Property ID
US83-2461454
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2003
Total area
99,702 SF
Lot
4.99 ac (217,408 SF)
APN
3453-00-00300
UPID
US83-2461454
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
-
Byrne Medical Industrial Manufacturer Production Facility
-
Ultimate Mobile Auto Detailing Car Wash
-
Medivators Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.88M
Blend (final)
Blend
$5.49M
Owner & transaction history
Minntech Corp · 14 yrs held
Minntech Corp
since 2011
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$9.0M
+34.4%
Auto repair, garage
$8.9M
+32.2%
Office building
$8.0M
+18.9%
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 Conroe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conroe 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
WAREHOUSE, STORAGE
$6,730,000
Current use
APARTMENT HOUSE (5+ UNITS)
$9,040,000
Change: +34% · Conversion: Difficult
AUTO REPAIR, GARAGE
$8,895,000
Change: +32% · Conversion: Easy
OFFICE BUILDING
$7,995,000
Change: +19% · Conversion: Difficult
RETAIL STORES
$7,525,000
Change: +12% · Conversion: Moderate
MEDICAL BUILDING
$7,050,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$5.49M
Range $4.94M – $6.03M · ±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
$55 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$134,336
Tax year 2024
Assessed value
$6,850,000
Assessed 2024
Previous assessed
$7,010,180
-2.3% YoY
Effective rate
1.96%
On assessed value
Assessed land
$543,468
Assessed improvement
$6,306,532
Land market value
$543,468
Improvement market value
$6,306,532
Total market value
$6,850,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2003
Heating
OTHER
Cooling
WINDOW A/C
Buildings
2
Total area
99,702 SF
Lot
4.99 ac (217,408 SF)
APN
3453-00-00300
UPID
US83-2461454
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
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$6.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$9.0M
AUTO REPAIR, GARAGE
Est. value
$8.9M
OFFICE BUILDING
Est. value
$8.0M
RETAIL STORES
Est. value
$7.5M
MEDICAL BUILDING
Est. value
$7.1M
WAREHOUSE, STORAGE Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
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
2003
Heating
OTHER
Cooling
Yes
Buildings
2
Lot
4.99 ac
Current owner
From public records · entity-resolved
Minntech Corp
Entity
Free & Clear · 14 yrs held
Mailing address
3150 POLLOK DR, CONROE, TX 77303-2104
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2011
—
Minntech Corp
Byrne Investments LLC
Grant Deed
—
Apr 23, 2010
—
Byrne Investments LLC
Bkr 3083 LLC
Warranty Deed
$1,520,000 · First Bank Conroe NA
Oct 30, 2007
—
Byrne Investments LLC
Pollak Warehouse LLC
Warranty Deed
$3,714,500 · First Bank Conroe NA
May 3, 2007
—
Pollak Warehouse LLC
Ev Investments LLC
Warranty Deed
$2,600,000 · Ev Investments LLC
—
—
Byrne Investments LLC
—
Deed Of Trust
related
$3,593,341 · First Bank Conroe NA
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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