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Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Strip malls
3505 Dairy Ashford Rd, Houston, TX 77082-5513
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-4051171
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1986
Construction
STEEL FRAME
Total area
63,549 SF
Lot
3.74 ac (162,745 SF)
APN
1164520000001
UPID
US83-4051171
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
-
4:13 Creative Productions Marketing & Advertising
-
Creative Workouts Gym Gym & Fitness Center
-
Tax Mobile Accounting Firm Tax Preparation
-
Gardenia Reception Hall Wedding Service
-
BarberGangVail Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$575k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.33M
Blend (final)
Blend
$950k
Owner & transaction history
Crown Business Park INC · 19 yrs held
Crown Business Park INC
since 2006
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 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
$575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±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
$15 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$22,329
Tax year 2020
Assessed value
$2,232,670
Assessed 2024
Previous assessed
$2,268,542
-1.6% YoY
Effective rate
1.00%
On assessed value
Assessed land
$1,563,304
Assessed improvement
$669,366
Land market value
$1,563,304
Improvement market value
$669,366
Total market value
$2,232,670
Applied tax rate
8.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1986
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
2
Total area
63,549 SF
Lot
3.74 ac (162,745 SF)
APN
1164520000001
UPID
US83-4051171
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
Building & site characteristics
From public records
Year built
1986
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Lot
3.74 ac
Current owner
From public records · entity-resolved
Crown Business Park INC
Entity
Mailing address
5701 BINGLE RDA1, HOUSTON, TX 77092-2155
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
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
Aug 15, 2006
—
Crown Business Park INC
Ashford Plaza Ltd
Venders Lien
$3,600,000 · Wells Fargo Bank NA
Aug 20, 2004
—
Ashford Plaza Ltd
—
Trustees Deed
related
$99,479 · North Houston Bank
Jul 30, 1999
—
Ashford Plaza Ltd
Khalaf,samir & Suad
Grant Deed
$1,400,000 · North Houston Bank
—
—
Crown Business Park INC
—
Deed Of Trust
related
$3,600,000 · Wells Fargo Bank
—
—
Ashford Plaza Ltd
—
Deed Of Trust
related
$280,000 · Royal Oaks Bank Ssb
—
—
Ashford Plaza Ltd
—
Deed Of Trust
related
$1,670,000 · Royal Oaks Bank Ssb
—
—
Samir Khalaf
—
Deed Of Trust
related
$1,100,000 · Omni Bank
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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