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Property profile & analytics
OFF-MARKET
Estimated value
$905,000
Grocery and convenience stores
3702 Laura Koppe Rd, Houston, TX 77093-7824
Individually Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-1286878
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1954
Construction
BRICK
Total area
6,859 SF
Lot
0.7 ac (30,405 SF)
APN
1393350010001
UPID
US83-1286878
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
-
Sam's Food Market Grocery & Convenience Store
-
Sam Food Market Grocery & Convenience Store Food Market
-
Sunoco Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$776k
Blend (final)
Blend
$905k
Owner & transaction history
Chan B Park · 11 yrs held
Chan B Park
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.4M
+614.6%
Auto repair, garage
$730,000
+286.7%
Restaurant
$670,000
+254.0%
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
COMMERCIAL (GENERAL)
$1,355,000
Change: +615% · Conversion: Easy
AUTO REPAIR, GARAGE
$730,000
Change: +287% · Conversion: Difficult
RESTAURANT
$670,000
Change: +254% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$655,000
Change: +245% · Conversion: Difficult
RETAIL STORES
$575,000
Change: +203% · Conversion: Easy
Blend value · Realmo final
$905k
Range $815k – $996k · ±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
$132 / 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
$16,259
Tax year 2022
Assessed value
$942,178
Assessed 2024
Previous assessed
$806,992
+16.8% YoY
Effective rate
1.73%
On assessed value
Assessed land
$273,645
Assessed improvement
$668,533
Land market value
$273,645
Improvement market value
$668,533
Total market value
$942,178
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1954
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Total area
6,859 SF
Lot
0.7 ac (30,405 SF)
APN
1393350010001
UPID
US83-1286878
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
COMMERCIAL (GENERAL)
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$730,000
RESTAURANT
Est. value
$670,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$655,000
RETAIL STORES
Est. value
$575,000
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
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
1954
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Buildings
2
Lot
0.7 ac
Current owner
From public records · entity-resolved
Chan B Park
Individual
Mailing address
201 VANDERPOOL LN APT #163, HOUSTON, TX 77024-6166
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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
Nov 28, 2018
—
Chan B Park
—
Deed
related
$190,000 · American First Nat'l Bk
Jan 9, 2015
—
Chan B Park
Tnh LLC
Warranty Deed
$368,000 · American First Nat'l Bk
Aug 18, 2009
—
Tnh LLC
S & M Choi INC
Warranty Deed
$170,000 · S & M Choi INC
May 20, 2004
—
S & M Choi INC
Lim,lucy T
Warranty Deed
$210,000 · American First Nat'l Bk
—
—
Chan B Park
—
Deed Of Trust
related
$190,000 · American First Nat'l Bk
—
—
S & M Choi INC
—
Deed Of Trust
related
$377,000 · American First Nat'l Bk
—
—
Choi,scott & Michelle
—
Deed Of Trust
related
$130,000 · Kun C Choe
—
—
S & M Choi INC
—
Deed Of Trust
related
$120,000 · American First Nat'l 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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