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Property profile & analytics
OFF-MARKET
Estimated value
$965,000
Hotels
4015 Interwood N Pkwy 134 Houston, TX 77032-3862
Entity Owned
2-yr Hold
Free & Clear
Property ID
US82-3697661
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2008
Construction
WOOD FRAME
Total area
68,738 SF
Lot
3.14 ac (136,778 SF)
APN
1310020010002
UPID
US82-3697661
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
-
TownePlace Suites Houston Intercontinental Airport Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$760k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.17M
Blend (final)
Blend
$965k
Owner & transaction history
Mcrt Houston 1 Tenant LLC · 2 yrs held
Mcrt Houston 1 Tenant LLC
since 2024
5 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 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
$760,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$790,000
Current use
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±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
$14 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$120,319
Tax year 2022
Assessed value
$11,090,992
Assessed 2024
Previous assessed
$10,355,520
+7.1% YoY
Effective rate
1.08%
On assessed value
Assessed land
$820,668
Assessed improvement
$10,270,324
Land market value
$820,668
Improvement market value
$10,270,324
Total market value
$11,090,992
Applied tax rate
9.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2008
Construction
WOOD FRAME
Heating
RADIANT
Cooling
OTHER
Buildings
1
Total area
68,738 SF
Lot
3.14 ac (136,778 SF)
APN
1310020010002
UPID
US82-3697661
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
HOTEL/MOTEL Current
Est. value
$790,000
HOTEL/MOTEL Current
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
2008
Construction
WOOD FRAME
Heating
RADIANT
Cooling
Yes
Buildings
1
Lot
3.14 ac
Current owner
From public records · entity-resolved
Mcrt Houston 1 Tenant LLC
Entity
Free & Clear · 2 yrs held
Mailing address
3200 OLYMPUS BLVD #400, COPPELL, TX 75019-5889
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2024
—
Mcrt Houston 1 Tenant LLC
Mcrt Houston 1 LP
Lease
—
Oct 17, 2018
—
Mcrt Houston 1 LP
—
Deed
related
$550,000,000 · Bank Of America
Oct 17, 2013
—
Mcrt Houston 1 LP
Tps Intercontinental Houston
Trustees Deed
$225,000,000 · Bank Of America
May 3, 2013
—
Intercontinental Houston P Tps
—
Deed Of Trust
related
$13,905,000 · Sovereign Bank
—
—
Mcrt Houston 1 LP
—
Deed Of Trust
related
$550,000,000 · Bank Of America
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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