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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Warehouses
403 Plantation Dr Clute, TX 77531-5303
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-7381612
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2016
Construction
WOOD FRAME
Total area
7,000 SF
Lot
6.97 ac (303,570 SF)
APN
2114-0250-000
UPID
US82-7381612
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
$675k
Comparable Approach
Comparable
$727k
Blend (final)
Blend
$700k
Owner & transaction history
Twcc335-clutx LLC · 10 yrs held
Twcc335-clutx LLC
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$985,000
+84.9%
Restaurant
$960,000
+79.8%
Auto repair, garage
$865,000
+62.1%
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 Clute submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clute 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%
$730,000
6.5%
$675,000
7%
$625,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$535,000
Current use
OFFICE BUILDING
$985,000
Change: +85% · Conversion: Difficult
RESTAURANT
$960,000
Change: +80% · Conversion: Difficult
AUTO REPAIR, GARAGE
$865,000
Change: +62% · Conversion: Easy
MEDICAL BUILDING
$630,000
Change: +19% · Conversion: Difficult
RETAIL STORES
$615,000
Change: +15% · Conversion: Moderate
Blend value · Realmo final
$700k
Range $630k – $770k · ±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
$100 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$32,271
Tax year 2024
Assessed value
$1,650,800
Assessed 2024
Previous assessed
$1,550,000
+6.5% YoY
Effective rate
1.95%
On assessed value
Assessed land
$235,920
Assessed improvement
$1,414,880
Land market value
$235,920
Improvement market value
$1,414,880
Total market value
$1,650,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2016
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
YES
Rooms
29
Total area
7,000 SF
Lot
6.97 ac (303,570 SF)
APN
2114-0250-000
UPID
US82-7381612
Jurisdiction
BRAZORIA
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
$535,000
OFFICE BUILDING
Est. value
$985,000
RESTAURANT
Est. value
$960,000
AUTO REPAIR, GARAGE
Est. value
$865,000
MEDICAL BUILDING
Est. value
$630,000
RETAIL STORES
Est. value
$615,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
2016
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Rooms
29
Lot
6.97 ac
Current owner
From public records · entity-resolved
Twcc335-clutx LLC
Entity
Mailing address
100 STAMFORD PL STE #700, STAMFORD, CT 06902-9200
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2016
—
Twcc335-clutx LLC
—
Deed Of Trust
related
$3,440,000 · Iberiabank
Nov 6, 2015
—
Twcc335-clutx LLC
Bjhj Properties Ltd
Warranty Deed
—
Jul 1, 2014
—
Bjhj Properties Ltd
City Of Clute Texas
Grant Deed
related
—
Mar 30, 2011
—
Bjhj Properties Ltd
Bayview Ln Svcg LLC
Grant Deed
related
—
Sep 8, 2009
—
Bayview Ln Svcg LLC
Harris Charlotte M
Grant Deed
related
—
Nov 7, 2008
—
Ib Property Holdings LLC
Harris Charlotte M
Grant Deed
related
—
—
—
Carl Williams
—
Deed Of Trust
related
$619,500 · Interbay Funding LLC
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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