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Property profile & analytics
OFF-MARKET
Estimated value
$715,000
Warehouses
4314 Katy Hockley Rd Katy, TX 77493-4829
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2691593
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1981
Construction
METAL FRAME
Total area
7,863 SF
Lot
15.14 ac (659,381 SF)
APN
471010000014
UPID
US82-2691593
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
-
CMX Outdoor Landcape Supply Garden Center Hardware & Home Improvement
-
Fercom Construction LLC Construction Company
-
Recycle Material Specialists Waste Management Facility Hazardous Waste Disposal
-
Braxton Safety Equipment Supply in Texas Building Supply General Contractor
-
CMX Environmental Association / Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$621k
Blend (final)
Blend
$715k
Owner & transaction history
Azcri Investments INC · 9 yrs held
Azcri Investments INC
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$840,000
+88.8%
Restaurant
$665,000
+49.6%
Office building
$645,000
+44.9%
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 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
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
$445,000
Current use
COMMERCIAL (GENERAL)
$840,000
Change: +89% · Conversion: Difficult
RESTAURANT
$665,000
Change: +50% · Conversion: Difficult
OFFICE BUILDING
$645,000
Change: +45% · Conversion: Difficult
RETAIL STORES
$645,000
Change: +44% · Conversion: Moderate
MEDICAL BUILDING
$580,000
Change: +31% · Conversion: Difficult
AUTO REPAIR, GARAGE
$450,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$715k
Range $644k – $787k · ±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
$91 / 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
$25,571
Tax year 2023
Assessed value
$2,366,398
Assessed 2024
Previous assessed
$2,366,398
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$1,807,121
Assessed improvement
$559,277
Land market value
$1,807,121
Improvement market value
$559,277
Total market value
$2,366,398
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1981
Construction
METAL FRAME
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Total area
7,863 SF
Lot
15.14 ac (659,381 SF)
APN
471010000014
UPID
US82-2691593
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
$445,000
COMMERCIAL (GENERAL)
Est. value
$840,000
RESTAURANT
Est. value
$665,000
OFFICE BUILDING
Est. value
$645,000
RETAIL STORES
Est. value
$645,000
MEDICAL BUILDING
Est. value
$580,000
AUTO REPAIR, GARAGE
Est. value
$450,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
RETAIL STORES
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1981
Construction
METAL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
15.14 ac
Current owner
From public records · entity-resolved
Azcri Investments INC
Entity
Mailing address
17914 BLUE RDG SHRS DR, CYPRESS, TX 77433-7055
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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
Jan 29, 2021
—
Azcri Investments INC
—
Deed
related
$1,200,000 · Allegiance Bk
Sep 16, 2020
—
Comex Environmental LLC
—
Deed
related
$350,000 · Allegiance Bk
Jun 8, 2020
—
Azcri Investments LLC
—
Deed
related
$350,000 · Allegiance Bk
Feb 28, 2020
—
Azcri Investments INC
—
Deed Of Trust
related
$100,000 · Allegiance Bk
May 15, 2019
—
Comex Environmental LLC
—
Deed
related
$350,000 · Allegiance Bk
Jun 6, 2018
—
Azcri Investments INC
—
Deed
related
$350,000 · Allegiance Bk
May 1, 2018
—
Azcri Investments INC
—
Deed
related
$350,000 · Allegiance Bank
Dec 20, 2016
—
Azcri Investments INC
Carlos Barreto
Warranty Deed
$1,200,000 · Allegiance Bk
Sep 30, 2014
—
Azcri Investments INC
Vega,azael & Crimilda
Grant Deed
related
—
Oct 17, 2011
—
Azael Vega
—
Trustees Deed
related
$250,000 · Tradition Bank
—
—
Comex Environmental LLC
—
Loan Modification
related
$350,000 · Allegiance Bk
—
—
Wolverine Mangagement INC
—
Deed Of Trust
related
$100,000 · Community Bank NA
—
—
Azcri Investments LLC
—
Loan Modification
related
$350,000 · Allegiance Bk
—
—
Wolverine Management INC
—
Deed Of Trust
related
$125,000 · Sterling Bank
—
—
Azcri Investments INC
—
Deed Of Trust
related
$819,515 · Allegiance Bk
—
—
Azcri Investments INC
—
Loan Modification
related
$75,000 · Allegiance Bk
—
—
Azcri Investments INC
—
Loan Modification
related
$350,000 · Allegiance Bk
—
—
Comex Environmental LLC
—
Loan Modification
related
$350,000 · Allegiance Bk
—
—
Azcri Investments INC
—
Loan Modification
related
$1,200,000 · Allegiance 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.
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