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Property profile & analytics
OFF-MARKET
Office buildings
414 Park Grv Dr Katy, TX 77450-1571
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US82-5623888
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2016
Construction
STEEL FRAME
Total area
1,375 SF
Lot
0.08 ac (3,411 SF)
APN
1179580010020
UPID
US82-5623888
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Granda Properties LLC · 8 yrs held
Granda Properties LLC
since 2017
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 Katy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Katy 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 2022Property tax & assessments
Tax year 2022
Tax billed
$5,055
Tax year 2022
Assessed value
$308,903
Assessed 2024
Previous assessed
$290,334
+6.4% YoY
Effective rate
1.64%
On assessed value
Assessed land
$85,225
Assessed improvement
$223,678
Land market value
$85,225
Improvement market value
$223,678
Total market value
$308,903
Applied tax rate
19.0000
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
2016
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Total area
1,375 SF
Lot
0.08 ac (3,411 SF)
APN
1179580010020
UPID
US82-5623888
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
Building & site characteristics
From public records
Year built
2016
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Buildings
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Granda Properties LLC
Entity
Mailing address
414 PARK GRV DR, KATY, TX 77450-1571
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2017
—
Granda Properties LLC
99 West Dev I LP
Grant Deed
$270,272 · Bank Of America
Jul 29, 2015
—
99 West Dev I LP
—
Trustees Deed
related
$398,000 · Allegiance Bk/tx
Jul 23, 2015
—
Lifecare Options Hm Health Svc
99 West Dev I LP
Grant Deed
$300,000 · Wells Fargo Bk
Jun 16, 2015
—
Z & I Brighstars LLC
99 West Dev I LP
Warranty Deed
$430,300 · Seacoast Cmrc Bk
Jul 24, 2014
—
99 West Dev I LP
—
Trustees Deed
related
$344,000 · Allegiance Bk/tx
Jul 18, 2014
—
Tran & Hughes LLC
99 West Dev I LP
Grant Deed
related
—
Nov 18, 2013
—
99 West Dev I LP
—
Trustees Deed
related
$295,000 · Allegiance Bk/tx
Sep 24, 2013
—
Candys Ents INC
99 West Dev I LP
Grant Deed
$197,600 · Compass Bk
May 6, 2013
—
Df Group LLC
99 West Dev I LP
Grant Deed
related
—
Apr 10, 2013
—
99 West Dev I LP
—
Trustees Deed
related
$197,600 · Allegiance Bk/tx
Mar 7, 2013
—
Speech Clinic INC
99 West Dev I LP
Warranty Deed
$506,996 · Compass Bk
Jan 31, 2013
—
99 West Dev I LP
—
Trustees Deed
related
$250,000 · Allegiance Bk/tx
Jun 28, 2011
—
99 West Dev I LP
Sunnys Investments INC
Warranty Deed
$390,000 · Allegiance Bk/tx
—
—
Sunnys Investments INC
—
Loan Modification
related
$249,900 · Allegiance Bk/tx
—
—
Benal LLC
—
Deed Of Trust
related
$368,000 · Comerica Bk
—
—
99 West Dev I LP
—
Loan Modification
related
$390,000 · Allegiance Bk/tx
—
—
99 West Dev I LP
—
Loan Modification
related
$121,776 · Prosperity Bk
—
—
Sunnys Investments INC
—
Loan Modification
related
$249,900 · Allegiance Bk/tx
—
—
99 West Dev I LP
—
Loan Modification
related
$300,000 · Allegiance Bk/tx
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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