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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Grocery and convenience stores
32105 State Hwy 249 Pinehurst, TX 77362-3623
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-2314058
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2019
Total area
7,063 SF
Lot
1.68 ac (73,181 SF)
Zoning code
2
APN
0264-00-05700
UPID
US83-2314058
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
$435k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$899k
Blend (final)
Blend
$665k
Owner & transaction history
Macmomin Properties LLC · 8 yrs held
Macmomin Properties LLC
since 2018
7 recorded transactions
Zoning & alternative use
2 · Pinehurst, TX
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
Method
Estimation
Statistic approach
by Request
ML approach
$435,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,070,000
Change: 0% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$840,000
Change: 0% · Conversion: Difficult
RESTAURANT
$815,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$645,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$630,000
Change: 0% · Conversion: Moderate
WAREHOUSE, STORAGE
$485,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$455,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$665k
Range $599k – $732k · ±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
$94 / 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
$13,943
Tax year 2024
Assessed value
$2,270,000
Assessed 2024
Previous assessed
$2,267,460
+0.1% YoY
Effective rate
0.61%
On assessed value
Assessed land
$418,580
Assessed improvement
$1,851,420
Land market value
$418,580
Improvement market value
$1,851,420
Total market value
$2,270,000
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
FORCED AIR
Cooling
CENTRAL
Buildings
2
Bathrooms
2
Total area
7,063 SF
Lot
1.68 ac (73,181 SF)
Zoning code
2
APN
0264-00-05700
UPID
US83-2314058
Jurisdiction
MONTGOMERY
Zoning & alternative use
2 · Pinehurst, TXZoning 2 · permitted uses
2 · Pinehurst, TX
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
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$840,000
RESTAURANT
Est. value
$815,000
AUTO REPAIR, GARAGE
Est. value
$645,000
OFFICE BUILDING
Est. value
$630,000
WAREHOUSE, STORAGE
Est. value
$485,000
RETAIL STORES
Est. value
$455,000
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
WAREHOUSE, STORAGE
RETAIL STORES
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
FORCED AIR
Cooling
Yes
Buildings
2
Bathrooms
2
Lot
1.68 ac
Current owner
From public records · entity-resolved
Macmomin Properties LLC
Entity
Mailing address
5735 MARTINIQUE PASS, SUGAR LAND, TX 77479-4160
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 14, 2020
—
Macmomin Properties LLC
—
Deed
related
$1,993,601 · Texan Bk
Jan 13, 2020
—
Macmomin Properties LLC
—
Deed
related
$3,063,200 · Texan Bk
Mar 7, 2019
—
Matthew Sadler
—
Trustees Deed
related
$341,731 · Spirit Of Tx Bk Ssb
May 22, 2018
—
Macmomin Properties LLC
Karim Macknojia
Warranty Deed
$3,063,200 · Texan Bank
Nov 1, 2009
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Apr 19, 2007
—
A Autos
Country Bakery INC
Warranty Deed
$325,000 · First Community Bank Woodlands
—
—
Macmomin Properties LLC
—
Loan Modification
related
$3,063,200 · Texan Bk
—
—
Macmomin Properties LLC
—
Loan Modification
related
$1,993,601 · Texan 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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