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Property profile & analytics
FOR SALE
Warehouses
4812 Gulf Fwy Houston, TX 77023
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-4326886
For Sale
$6,250,000
4812 Gulf Fwy, Houston, TX 77023
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1950
Construction
METAL FRAME
Total area
27,020 SF
Lot
10.48 ac (456,648 SF)
APN
1186600010001
UPID
US82-4326886
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
-
Amazon Warehouse & Storage
-
Supreme Tax Co Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.93M
Blend (final)
Blend
$1.89M
Owner & transaction history
Mohegan Houston Fund IV LP · 5 yrs held
Mohegan Houston Fund IV LP
since 2020
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.9M
+94.4%
Office building
$2.7M
+82.4%
Restaurant
$2.6M
+73.8%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,475,000
Current use
AUTO REPAIR, GARAGE
$2,865,000
Change: +94% · Conversion: Easy
OFFICE BUILDING
$2,690,000
Change: +82% · Conversion: Difficult
RESTAURANT
$2,565,000
Change: +74% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,195,000
Change: +49% · Conversion: Difficult
RETAIL STORES
$2,115,000
Change: +43% · Conversion: Moderate
MEDICAL BUILDING
$1,725,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$1.89M
Range $1.70M – $2.07M · ±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
$70 / 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
$64,312
Tax year 2023
Assessed value
$2,992,230
Assessed 2024
Previous assessed
$2,992,230
+0.0% YoY
Effective rate
2.15%
On assessed value
Assessed land
$1,712,430
Assessed improvement
$1,279,800
Land market value
$1,712,430
Improvement market value
$1,279,800
Total market value
$2,992,230
Applied tax rate
1.0000
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
For Sale
Year built
1950
Construction
METAL FRAME
Heating
NONE
Cooling
NONE
Buildings
3
Stories
1
Total area
27,020 SF
Lot
10.48 ac (456,648 SF)
APN
1186600010001
UPID
US82-4326886
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
$1.5M
AUTO REPAIR, GARAGE
Est. value
$2.9M
OFFICE BUILDING
Est. value
$2.7M
RESTAURANT
Est. value
$2.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.2M
RETAIL STORES
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$1.7M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
RESTAURANT
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
1950
Construction
METAL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Lot
10.48 ac
Current owner
From public records · entity-resolved
Mohegan Houston Fund IV LP
Entity
Mailing address
5801 PIEDMONT DR, ENGLEWOOD, CO 80111-1132
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2020
—
Mohegan Houston Fund IV LP
4812 Gf Riverway LLC
Special Warranty Deed
$3,126,000 · Security Svc FCU
May 11, 2017
—
4812 Gf Riverway LLC
4812 Gulf Freeway Partners LLP
Quit Claim Deed
related
—
Dec 30, 2016
—
Mfc Food Service LLC
East West Bk
Grant Deed
$2,000,000 · American First Nat'l Bk
Jul 7, 2015
$2,454,342
East West Bk
Murray Karen E|sun Belt Commodities INC
Trustees Deed
related
—
Apr 21, 2014
—
4812 Gulf Freeway Partners LLP
Vaughan Realty Ltd
Grant Deed
related
—
—
—
Vaughan Realty Ltd
—
Deed Of Trust
related
$3,500,000 · California First National Bank
—
—
Vaughan Realty Ltd
—
Deed Of Trust
related
$2,332,036 · Frost National Bank
—
—
Mfc Food Service LLC
—
Deed Of Trust
related
$1,000,000 · American First Nat'l Bk
—
—
4812 Gf Riverway LLC
—
Deed Of Trust
related
$2,568,750 · Commercial St 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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