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Property profile & analytics
OFF-MARKET
Estimated value
$1,205,000
Office buildings
363 Sam Houston Pkwy E Ste 390 Houston, TX 77060-2499
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US82-4500703
Property profile
Verified
Property type
Office buildings
Use group
SKYSCRAPER/HIGH-RISE (COM OFFICES)
Year built
1981
Construction
STEEL & CONCRETE
Total area
399,051 SF
Lot
3.79 ac (164,875 SF)
APN
1145840000001
UPID
US82-4500703
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.21M
Owner & transaction history
Realtycom North Belt LLC · 5 yrs held
Realtycom North Belt LLC
since 2020
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$3 / 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
$173,561
Tax year 2022
Assessed value
$13,339,181
Assessed 2024
Previous assessed
$14,937,926
-10.7% YoY
Effective rate
1.30%
On assessed value
Assessed land
$989,250
Assessed improvement
$12,349,931
Land market value
$989,250
Improvement market value
$12,349,931
Total market value
$13,339,181
Applied tax rate
9.0000
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
Office buildings
Use group
SKYSCRAPER/HIGH-RISE (COM OFFICES)
Status
Off-Market
Year built
1981
Construction
STEEL & CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
399,051 SF
Lot
3.79 ac (164,875 SF)
APN
1145840000001
UPID
US82-4500703
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
1981
Construction
STEEL & CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
3.79 ac
Current owner
From public records · entity-resolved
Realtycom North Belt LLC
Entity
Mailing address
363 N SAM HOUSTON PKWY E STE #100, HOUSTON, TX 77060-2405
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 24, 2020
—
Realtycom North Belt LLC
Khoshbin 363 LLC
Grant Deed
$13,500,000 · Bank Of America
Dec 26, 2019
—
Khoshbin 363 LLC
Realty Associates Fund X LP
Grant Deed
$12,050,000 · Us R/e Credit Hldgs III-a LP
Jul 11, 2014
—
Realty Associates Fund X LP
363 North Sam Houston LLC
Quit Claim Deed
related
—
May 7, 2014
$24,100,000
363 North Sam Houston LLC
Mitchell Brian C
Trustees Deed
—
Aug 22, 2007
—
363 Northbelt
Nwx Partners Ltd
Grant Deed
related
—
Jan 5, 1998
—
Itw Mortgage Investments III
Glen Corona 363 General
Grant Deed
related
—
—
—
363 Northbelt
—
Deed Of Trust
related
$26,750,000 · State Farm Life Insurance Co
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
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