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Property profile & analytics
OFF-MARKET
Warehouses
31819 Industrial Park Dr Pinehurst, TX 77362-3896
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US83-2437691
Property summary
AI-generated overview
This freestanding industrial property in Pinehurst, Texas, offers ±11,704 square feet of space, encompassing approximately ±1,500 square feet of office and ±10,204 square feet of warehouse space. Built in 1994, the building sits on a 0.97-acre lot and features a 6-8" concrete slab, approximately 16' eave height, five grade-level doors, and one external dock with a leveler. The property boasts substantial power: 2,000 amps of 480Y/277 volts, 3-phase, 4-wire service. The warehouse includes upgraded lighting. Utilities consist of public water and septic. Its location provides easy access to SH 249 (less than 3 minutes away) and the Grand Parkway (approximately 10 minutes away). The zoning is currently unlisted. The property's address is 31819 Industrial Park Dr, Pinehurst, TX 77362, and its APN is R123693. This site is ideal for various uses, including machine shops and plastic molding operations, or any business requiring heavy power.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1994
Total area
13,204 SF
Lot
0.97 ac (42,340 SF)
APN
7205-01-02200
UPID
US83-2437691
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
-
Pine Storage facility Storage Facility
-
R T Products Inc Factory Production Facility
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
Traw Enterprises LLC · 1 yrs held
Traw Enterprises LLC
since 2025
6 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 Pinehurst submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pinehurst 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 2024Property tax & assessments
Tax year 2024
Tax billed
$3,044
Tax year 2024
Assessed value
$573,724
Assessed 2024
Previous assessed
$495,000
+15.9% YoY
Effective rate
0.53%
On assessed value
Assessed land
$84,681
Assessed improvement
$489,043
Land market value
$84,681
Improvement market value
$489,043
Total market value
$573,724
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
1994
Heating
NONE
Cooling
NONE
Buildings
2
Bathrooms
2
Total area
13,204 SF
Lot
0.97 ac (42,340 SF)
APN
7205-01-02200
UPID
US83-2437691
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
1994
Heating
NONE
Cooling
Yes
Buildings
2
Bathrooms
2
Lot
0.97 ac
Current owner
From public records · entity-resolved
Traw Enterprises LLC
Entity
Mailing address
32920 DECKER PR RD, MAGNOLIA, TX 77355-8495
Ownership since
2025
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
Feb 6, 2025
—
Traw Enterprises LLC
Decker Industrial LLC
Deed
$999,900 · Zb NA
Dec 5, 2016
—
Decker Industrial LLC
Plastic Protectors LLC
Special Warranty Deed
$332,837 · Texas Gulf Bank NA
Feb 7, 2013
—
Plastic Protectors LLC
Gsl Capital Management LLC
Grant Deed
—
Feb 24, 2011
$423,171
Gsl Invs INC
Ginsburg Jay S
Trustees Deed
related
—
Dec 15, 2010
—
Gsl Invs INC
RT Products INC
Deed In Lieu Of Foreclosure
related
—
Jun 1, 2005
—
Owner Name Unavailable
Gsl Investments INC
Warranty 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.
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