Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,070,000
Retail space
3411 Navigation Blvd Houston, TX 77003-1722
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-4058577
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2004
Construction
STEEL FRAME
Total area
9,264 SF
Lot
0.88 ac (38,246 SF)
APN
1261840010001
UPID
US83-4058577
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
-
Family Dollar Discount Store
-
Amazon Locker - Ona Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$938k
Blend (final)
Blend
$1.07M
Owner & transaction history
Ns Retail Holdings LLC · 6 yrs held
Ns Retail Holdings LLC
since 2020
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.4M
+106.2%
Commercial (general)
$1.2M
+75.6%
Restaurant
$825,000
+22.8%
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 Houston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Houston 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
RETAIL STORES
$670,000
Current use
AUTO REPAIR, GARAGE
$1,385,000
Change: +106% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,180,000
Change: +76% · Conversion: Easy
RESTAURANT
$825,000
Change: +23% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$775,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$1.07M
Range $963k – $1.18M · ±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
$116 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$40,689
Tax year 2022
Assessed value
$2,041,858
Assessed 2024
Previous assessed
$2,019,494
+1.1% YoY
Effective rate
1.99%
On assessed value
Assessed land
$1,338,610
Assessed improvement
$703,248
Land market value
$1,338,610
Improvement market value
$703,248
Total market value
$2,041,858
Applied tax rate
1.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2004
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
9,264 SF
Lot
0.88 ac (38,246 SF)
APN
1261840010001
UPID
US83-4058577
Jurisdiction
HARRIS
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
RETAIL STORES Current
Est. value
$670,000
AUTO REPAIR, GARAGE
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.2M
RESTAURANT
Est. value
$825,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$775,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
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
2004
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
0.88 ac
Current owner
From public records · entity-resolved
Ns Retail Holdings LLC
Entity
Free & Clear · 6 yrs held
Mailing address
5334 CHEROKEE ST STE #1150, HOUSTON, TX 77005-1702
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 27, 2020
—
Ns Retail Holdings LLC
Everstar Income
Grant Deed
related
—
Jun 23, 2016
—
Capview Income & Value Fund IV
—
Deed
related
$150,000,000 · Bank Of America
Mar 12, 2015
—
Capview Income & Value Fund IV
Trinity Life Insurance Co
Trustees Deed
related
$60,000,000 · Bank Of America
Feb 21, 2014
—
Trinity Life Insurance Co
Fdo Houston LLC
Grant Deed
related
—
Aug 5, 2013
—
Fdo Houston LLC
Barawid,flor D L
Warranty Deed
related
—
Mar 6, 2007
—
Flor D L Barawid
Ti Navigation
Grant Deed
related
—
—
—
Trinity Life Insurance Co
—
Deed Of Trust
related
$3,009,265 · Grand Bk
—
—
Capview Income & Value Fund IV
—
Loan Modification
related
$150,000,000 · Bank Of America
—
—
Capview Income & Value Fund IV
—
Loan Modification
related
$150,000,000 · Bank Of America
—
—
Lys Barawid
—
Deed Of Trust
related
$90,000 · Breen Olson & Trenton LLP
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3411 Navigation Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
