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Property profile & analytics
OFF-MARKET
Estimated value
$12,560,000
Apartment buildings
5010 Grv W Blvd Stafford, TX 77477-2600
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2867201
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1982
Total area
329,954 SF
Lot
15.55 ac (677,532 SF)
Zoning code
SH
APN
3462-00-000-0010-910
UPID
US82-2867201
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
$12.56M
Owner & transaction history
Sugar Grove Partners LP · 9 yrs held
Sugar Grove Partners LP
since 2017
1 recorded transaction
Zoning & alternative use
SH · Stafford, TX
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 Stafford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stafford 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
$38 / 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
$593,277
Tax year 2023
Assessed value
$35,142,800
Assessed 2024
Previous assessed
$33,489,037
+4.9% YoY
Effective rate
1.69%
On assessed value
Assessed land
$3,418,225
Assessed improvement
$31,724,575
Land market value
$3,418,225
Improvement market value
$31,724,575
Total market value
$35,142,800
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1982
Heating
CENTRAL
Cooling
CENTRAL
Rooms
27
Total area
329,954 SF
Lot
15.55 ac (677,532 SF)
Zoning code
SH
APN
3462-00-000-0010-910
UPID
US82-2867201
Jurisdiction
FORT BEND
Zoning & alternative use
SH · Stafford, TX
Zoning SH · permitted uses
SH · Stafford, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stafford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Heating
CENTRAL
Cooling
Yes
Rooms
27
Lot
15.55 ac
Current owner
From public records · entity-resolved
Sugar Grove Partners LP
Entity
Mailing address
1770 SAINT JAMES PL STE #380, HOUSTON, TX 77056-3433
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2017
—
Sugar Grove Partners LP
—
Grant Deed
related
$30,250,000 · Greystone Fndg
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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