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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Investment properties
3946 Franklin Ave Groves, TX 77619-3554
Individually Owned
13-yr Hold
~
Est. High Equity
Property ID
US82-1459739
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1973
Total area
3,721 SF
Lot
0.24 ac (10,629 SF)
APN
055500-000-002800-00000
UPID
US82-1459739
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
$580k
Comparable Approach
Comparable
$537k
Blend (final)
Blend
$560k
Owner & transaction history
Sherman M Moore JR. · 13 yrs held
Sherman M Moore JR.
since 2013
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 Groves submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Groves 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%
$630,000
6.5%
$580,000
7%
$540,000
Blend value · Realmo final
$560k
Range $504k – $616k · ±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
$150 / 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
$6,351
Tax year 2023
Assessed value
$220,354
Assessed 2023
Previous assessed
$220,354
+0.0% YoY
Effective rate
2.88%
On assessed value
Assessed land
$8,938
Assessed improvement
$211,416
Land market value
$8,938
Improvement market value
$211,416
Total market value
$220,354
Applied tax rate
109.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1973
Heating
NONE
Stories
1
Total area
3,721 SF
Lot
0.24 ac (10,629 SF)
APN
055500-000-002800-00000
UPID
US82-1459739
Jurisdiction
JEFFERSON
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
1973
Heating
NONE
Stories
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Sherman M Moore JR.
Individual
Mailing address
PO BOX 767, LA PORTE, TX 77572-0767
Ownership since
2013
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
Feb 27, 2018
—
Sherman M Moore JR
—
Deed
related
$50,000 · Third Coast Bk Ssb
Nov 29, 2016
—
Sherman M Moore JR
—
Deed
related
$463,400 · Third Coast Bk Ssb
Mar 6, 2013
—
Sherman M Moore JR.
Gabier,wendell V
Warranty Deed
$165,200 · Frost Bank
Jun 7, 2011
$160,000
Wendell V Gabier
Mcpherson,perry R
Trustees Deed
related
—
Apr 1, 2010
—
Twin Lynn Oak LLC
Gabier,wendell V
Warranty Deed
$150,000 · Wendell V Gabier
—
—
Sherman M Moore JR.
—
Deed Of Trust
related
$100,000 · Frost Bank
—
—
Sherman M Moore JR
—
Deed Of Trust
related
$463,400 · Third Coast Bk Ssb
—
—
Sherman M Moore JR
—
Deed Of Trust
related
$50,000 · Third Coast Bk Ssb
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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