Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Office buildings
4008 Vis Rd Pasadena, TX 77504-2156
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US82-0804378
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1979
Construction
BRICK
Total area
11,136 SF
Lot
0.64 ac (28,096 SF)
APN
341950000103
UPID
US82-0804378
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
-
Kirkpatrick Law Office Accident Attorney Law Firm
-
McMillin Agency Inc Insurance Agency
-
Financial Wize Mortgage Lenders Pasadena TX Nursing Home Retirement Community
-
Southern Landscape Landscaping General Contractor
-
Xpress Auto Transport Car Dealership Shipping Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$677k
Blend (final)
Blend
$675k
Owner & transaction history
Vista Suites LLC · 8 yrs held
Vista Suites LLC
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.0M
+51.1%
Auto repair, garage
$980,000
+44.9%
Restaurant
$955,000
+41.1%
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 Pasadena submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pasadena 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
OFFICE BUILDING
$675,000
Current use
COMMERCIAL (GENERAL)
$1,025,000
Change: +51% · Conversion: Easy
AUTO REPAIR, GARAGE
$980,000
Change: +45% · Conversion: Difficult
RESTAURANT
$955,000
Change: +41% · Conversion: Moderate
WAREHOUSE, STORAGE
$725,000
Change: +7% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$725,000
Change: +7% · Conversion: Easy
RETAIL STORES
$695,000
Change: +2% · Conversion: Moderate
MEDICAL BUILDING
$660,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$675k
Range $608k – $743k · ±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
$61 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$8,226
Tax year 2020
Previous assessed
$821,272
Applied tax rate
21.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1979
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
11,136 SF
Lot
0.64 ac (28,096 SF)
APN
341950000103
UPID
US82-0804378
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
OFFICE BUILDING Current
Est. value
$675,000
COMMERCIAL (GENERAL)
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$980,000
RESTAURANT
Est. value
$955,000
WAREHOUSE, STORAGE
Est. value
$725,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$725,000
RETAIL STORES
Est. value
$695,000
MEDICAL BUILDING
Est. value
$660,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RESTAURANT
WAREHOUSE, STORAGE
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
MEDICAL BUILDING
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
1979
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
Vista Suites LLC
Entity
Mailing address
4008 VIS STE A 101ST STE STE, KATY, TX 77450
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2020
—
Vista Suites LLC
—
Deed
related
$742,500 · Kipkel LP
May 2, 2018
—
Vista Suites LLC
Kipkel LP
Warranty Deed
related
$742,500 · Kipkel LP
Apr 7, 2015
—
Kipkel LP
Isbell Investments LLC
Warranty Deed
related
—
Dec 10, 2013
—
Vista Lodging Ventures LLC
Mease,roy D
Warranty Deed
related
—
Nov 20, 2013
—
Albert Fox
Mease,roy
Warranty Deed
related
—
Sep 3, 2013
—
Isbell Investments LLC
Kipkel LP
Warranty Deed
$550,000 · Kipkel LP
—
—
Vista Suites LLC
—
Loan Modification
related
$742,500 · Kipkel LP
—
—
Mease,roy
—
Loan Modification
related
$549,796 · Texas Coastal 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 4008 Vis 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.
