Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,785,000
Distribution centers
3930 Westholme Dr Houston, TX 77063-6314
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US83-3203534
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1968
Construction
STEEL FRAME
Total area
43,335 SF
Lot
3.07 ac (133,585 SF)
APN
981160000008
UPID
US83-3203534
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
-
MLN Company Fab Shop and Warehouse Corporate Office
-
3D Imagewear LLC (Bike/Boat/Book/etc) Store Printing Service
-
3DMilitaryWear.com Clothing Store
-
JWM Wholesale Factory Textile Manufacturer
-
Letsos Co. - Fabrication Shop General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.82M
Blend (final)
Blend
$2.79M
Owner & transaction history
Tjm Real Estate Mgmt Corp · 18 yrs held
Tjm Real Estate Mgmt Corp
since 2008
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.2M
+57.6%
Auto repair, garage
$3.9M
+46.8%
Medical building
$2.8M
+3.5%
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
WAREHOUSE, STORAGE
$2,675,000
Current use
RESTAURANT
$4,210,000
Change: +58% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,925,000
Change: +47% · Conversion: Easy
MEDICAL BUILDING
$2,765,000
Change: +3% · Conversion: Difficult
RETAIL STORES
$2,140,000
Change: -20% · Conversion: Moderate
Blend value · Realmo final
$2.79M
Range $2.51M – $3.06M · ±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
$64 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$96,053
Tax year 2023
Assessed value
$4,770,406
Assessed 2024
Previous assessed
$4,770,406
+0.0% YoY
Effective rate
2.01%
On assessed value
Assessed land
$4,007,550
Assessed improvement
$762,856
Land market value
$4,007,550
Improvement market value
$762,856
Total market value
$4,770,406
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1968
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
43,335 SF
Lot
3.07 ac (133,585 SF)
APN
981160000008
UPID
US83-3203534
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
WAREHOUSE, STORAGE Current
Est. value
$2.7M
RESTAURANT
Est. value
$4.2M
AUTO REPAIR, GARAGE
Est. value
$3.9M
MEDICAL BUILDING
Est. value
$2.8M
RETAIL STORES
Est. value
$2.1M
WAREHOUSE, STORAGE Current
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1968
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
3.07 ac
Current owner
From public records · entity-resolved
Tjm Real Estate Mgmt Corp
Entity
Mailing address
3930 WESTHOLME DR #200, HOUSTON, TX 77063-6314
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 18, 2016
—
Tjm Real Estate Mgmt Corp
—
Deed
related
$1,384,762 · Cadence Bk
Aug 4, 2016
—
Tjm Real Estate Mgmt Corp
—
Deed
related
$1,380,821 · Cadence Bk
Feb 28, 2008
—
Tjm Real Estate Mgmt Corp
Epix Ltd
Grant Deed
$1,780,000 · Encore Bk
Feb 17, 2005
—
Epix Ltd
—
Trustees Deed
related
$150,000 · Metrobank
Mar 18, 2004
—
Anil K Aggarwal
Stevens,jack G
Grant Deed
$415,000 · Jack G Stevens
May 2, 2002
—
Epix Ltd
Aramus USA INC
Grant Deed
$785,000 · Metrobank
Jun 22, 1999
—
Jalil Baradaran
Bavili,hadi O
Grant Deed
related
—
Feb 5, 1999
—
Hadi O Bavili
Azimpoor,mohammad R
Grant Deed
related
—
—
—
Tjm Real Estate Mgmt Corp
—
Loan Modification
related
$1,520,116 · Cadence Bank
—
—
Epix Ltd
—
Deed Of Trust
related
$100,000 · Metrobank
—
—
Tjm Real Estate Mgmt Corp
—
Deed Of Trust
related
$1,537,784 · Encore Bank
—
—
Tjm Real Estate Mgmt Corp
—
Loan Modification
related
$1,380,821 · Cadence Bk
—
—
Do 2005 Trust
—
Deed Of Trust
related
$600,000 · First Victoria National Bank
—
—
Tjm Real Estate Mgmt Corp
—
Loan Modification
related
$1,384,762 · Cadence Bk
—
—
Ladds Corp
—
Deed Of Trust
related
$130,000 · Metrobank
—
—
Tjm Real Estate Mgmt Corp
—
Loan Modification
related
$1,494,199 · Cadence Bank
—
—
Tjm Real Estate Mgmt Corp
—
Loan Modification
related
$1,491,215 · Cadence Bank
—
—
Jalil M Baradaran
—
Deed Of Trust
related
$225,000 · Bank Of America
—
—
Tjm Real Estate Mgmt Corp
—
Loan Modification
related
$1,428,761 · Cadence 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.
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 3930 Westholme Dr?
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.
