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Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Distribution centers
4949 Blalock Rd Houston, TX 77041-7715
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-3956075
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1975
Construction
STEEL FRAME
Total area
44,975 SF
Lot
2.31 ac (100,528 SF)
APN
984700000001
UPID
US83-3956075
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
-
Capitol Auctions Trade Show Venue (Bike/Boat/Book/etc) Store
-
River City Furniture Auction Trade Show Venue (Bike/Boat/Book/etc) Store
-
B&J Cabinetry, Inc Big Box & Wholesale Store
-
Notary by Jenns Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$740k
Owner & transaction history
Bv4 4949 Blalock Road LP · 1 yrs held
Bv4 4949 Blalock Road LP
since 2025
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$16 / 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
$34,437
Tax year 2023
Assessed value
$2,894,058
Assessed 2024
Previous assessed
$2,894,058
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$402,104
Assessed improvement
$2,491,954
Land market value
$402,104
Improvement market value
$2,491,954
Total market value
$2,894,058
Applied tax rate
4.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1975
Construction
STEEL FRAME
Heating
RADIANT
Cooling
NONE
Buildings
1
Stories
1
Total area
44,975 SF
Lot
2.31 ac (100,528 SF)
APN
984700000001
UPID
US83-3956075
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
1975
Construction
STEEL FRAME
Heating
RADIANT
Cooling
Yes
Stories
1
Buildings
1
Lot
2.31 ac
Current owner
From public records · entity-resolved
Bv4 4949 Blalock Road LP
Entity
Mailing address
100 CRES CT STE #850, DALLAS, TX 75201-6904
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2025
—
8786 Wallisville Road Owner LLC
—
Deed
related
$27,685,000 · New York Life Insurance Company
Jul 7, 2025
—
Bv4 4949 Blalock Road LP
Sl5 Urban Industrial 2 LP
Special Warranty Deed
—
Jan 11, 2022
—
Sl5 Urban Industrial 2 LP
—
Deed
related
—
Mar 10, 2020
—
Sl5 Urban Industrial 2 LP
Sl5 Urban Industrial LP
Quit Claim Deed
related
—
Dec 31, 2019
—
Sl5 Urban Industrial LP
Oakwood Capital LP
Grant Deed
related
—
May 8, 2018
—
Oak Wood Capital LP
Hd Investment Co LLC
Grant Deed
related
—
Feb 9, 2017
—
Hd Investment Co LLC
—
Deed
related
$3,500,000 · Firstrust Bk
Apr 1, 2009
—
Hd Investment Co LLC
Manceau Ptshp Ltd
Grant Deed
related
—
Mar 28, 2007
—
Manceau Ptshp Ltd
Anatole Corp
Grant Deed
related
—
Sep 6, 2000
—
Anatole Corp
Pathway Houston Ltd
Grant Deed
$720,000 · General Electric Capital Corp
—
—
Manceau Ptshp Ltd
—
Deed Of Trust
related
$800,000 · Merrill Lynch Business Finl Sv
—
—
Manceau Partnership Ltd
—
Deed Of Trust
related
$1,325,000 · Standard Insurance Co
—
—
Hd Investment Co LLC
—
Deed Of Trust
related
$3,500,000 · Firstrust 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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