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Property profile & analytics
FOR SALE
Commercial real estate
400 Harvey St San Marcos, TX 78666
Entity Owned
Free & Clear
Property ID
US83-1787477
For Sale
1 / 13
$450,000
400 Harvey St, San Marcos, TX 78666
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
1,758 SF
Lot
0.24 ac (10,415 SF)
APN
R32192
UPID
US83-1787477
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
-
Breez Graphic Design Studio Marketing & Advertising Advertising Agency
-
Longcope Ranches Ranch
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Randall Morris & Company Ltd
Randall Morris & Company Ltd
since 2025
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 San Marcos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Marcos 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
—
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
$5,347
Tax year 2023
Assessed value
$293,302
Assessed 2024
Previous assessed
$293,302
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$220,850
Assessed improvement
$72,452
Land market value
$220,850
Improvement market value
$72,452
Total market value
$293,302
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Heating
NONE
Buildings
2
Total area
1,758 SF
Lot
0.24 ac (10,415 SF)
APN
R32192
UPID
US83-1787477
Jurisdiction
HAYS
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
Heating
NONE
Buildings
2
Lot
0.24 ac
Current owner
From public records · entity-resolved
Randall Morris & Company Ltd
Entity
Free & Clear · 0 yrs held
Mailing address
400 HARVEY ST, SAN MARCOS, TX 78666-5504
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Sep 5, 2025
—
Randall Morris & Company Ltd
Longcope Family Ltd
Special Warranty Deed
—
Nov 1, 2018
—
Longcope Family Ltd
Atk Estate LLC
Warranty Deed
—
Jul 13, 2017
—
Atk Estate LLC
Acceptance Hm Mtg Corp
Warranty Deed
—
May 23, 2011
—
Acceptance Hm Mtg Corp
Acceptance Home Finl Svcs INC
Quit Claim Deed
related
$148,000 · Lone Star Bank NA
—
—
Acceptance Home Finl Svcs INC
—
Deed Of Trust
related
$45,000 · Lone Star Bank NA
—
—
Acceptance Home Finl Svcs INC
—
Deed Of Trust
related
$100,000 · Lone Star Bank NA
—
—
Acceptance Home Finl Svcs INC
—
Deed Of Trust
related
$108,750 · Lone Star Bank NA
—
—
Acceptance Hm Mtg Corp
—
Deed Of Trust
related
$186,400 · Lone Star Bank NA
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?”
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