Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,495,000
Warehouses
4007 Telephone Rd Houston, TX 77087-1345
Entity Owned
8-yr Hold
Free & Clear
Property ID
US82-2922863
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1975
Construction
METAL FRAME
Total area
19,925 SF
Lot
2.63 ac (114,715 SF)
APN
410300000185
UPID
US82-2922863
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
-
Chefs' Produce Co Agricultural Supply Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.60M
Blend (final)
Blend
$1.50M
Owner & transaction history
O Rich T LLC · 8 yrs held
O Rich T LLC
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.1M
+73.5%
Auto repair, garage
$2.0M
+70.6%
Retail stores
$1.8M
+53.9%
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
$1,185,000
Current use
RESTAURANT
$2,050,000
Change: +74% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,020,000
Change: +71% · Conversion: Easy
RETAIL STORES
$1,820,000
Change: +54% · Conversion: Moderate
OFFICE BUILDING
$1,780,000
Change: +50% · Conversion: Difficult
MEDICAL BUILDING
$1,270,000
Change: +8% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,100,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$1.50M
Range $1.35M – $1.64M · ±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
$75 / 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
$48,354
Tax year 2023
Assessed value
$2,275,826
Assessed 2024
Previous assessed
$2,275,826
+0.0% YoY
Effective rate
2.12%
On assessed value
Assessed land
$401,503
Assessed improvement
$1,874,323
Land market value
$401,503
Improvement market value
$1,874,323
Total market value
$2,275,826
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1975
Construction
METAL FRAME
Heating
NONE
Cooling
CENTRAL
Buildings
5
Stories
1
Total area
19,925 SF
Lot
2.63 ac (114,715 SF)
APN
410300000185
UPID
US82-2922863
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
$1.2M
RESTAURANT
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$2.0M
RETAIL STORES
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.1M
WAREHOUSE, STORAGE Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1975
Construction
METAL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
5
Lot
2.63 ac
Current owner
From public records · entity-resolved
O Rich T LLC
Entity
Free & Clear · 8 yrs held
Mailing address
4007 TELEPHONE RD, HOUSTON, TX 77087-1345
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2018
—
O Rich T LLC
Gulf Warehouse Associates Ltd
Grant Deed
related
—
Feb 1, 2017
—
O Rich T LLC
—
Deed
related
$650,000 · Anyway You Slice It Holding Co
—
—
O Rich T LLC
—
Deed Of Trust
related
$85,179 · Sterling Bank
—
—
O Rich T LLC
—
Deed Of Trust
related
$538,114 · Sterling Bank
—
—
O Rich T LLC
—
Loan Modification
related
$938,293 · Comerica Bk
—
—
O Rich T LLC
—
Deed Of Trust
related
$1,150,000 · Frost National Bank
—
—
O Rich T LLC
—
Deed Of Trust
related
$650,000 · Anyway You Slice It Holding Co
—
—
4007 Telephone Road Ptshp LLP
—
Deed Of Trust
related
$1,500,000 · Frost National Bank
—
—
4007 Telephone Road Ptshp LLP
—
Deed Of Trust
related
$500,000 · Frost National Bank
—
—
4007 Telephone Road Ptshp LLP
—
Deed Of Trust
related
$930,000 · Frost National Bank
—
—
O Rich T LLC
—
Deed Of Trust
related
$938,293 · Sterling Bk
—
—
O Rich T LLC
—
Deed Of Trust
related
$179,371 · Storling Bank
—
—
O Rich T LLC
—
Deed Of Trust
related
$940,300 · Frost National Bank
—
—
O Rich T LLC
—
Deed Of Trust
related
$38,293 · Sterling Bank
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 4007 Telephone Rd?
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.
