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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Warehouses
5014 Hwy 332 Freeport, TX 77541-3102
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2812376
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1980
Total area
5,512 SF
Lot
4.77 ac (207,781 SF)
APN
2113-0020-000
UPID
US82-2812376
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
$595k
CAP Approach
CAP
$530k
Comparable Approach
Comparable
$603k
Blend (final)
Blend
$600k
Owner & transaction history
Apg Industrial Freeport LLC · 5 yrs held
Apg Industrial Freeport LLC
since 2021
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$905,000
+111.8%
Restaurant
$770,000
+79.9%
Office building
$640,000
+49.8%
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 Freeport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Freeport 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
$595,000
CAP Approach
CAP Return
Estimation
6%
$575,000
6.5%
$530,000
7%
$490,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$425,000
Current use
AUTO REPAIR, GARAGE
$905,000
Change: +112% · Conversion: Easy
RESTAURANT
$770,000
Change: +80% · Conversion: Difficult
OFFICE BUILDING
$640,000
Change: +50% · Conversion: Difficult
RETAIL STORES
$585,000
Change: +38% · Conversion: Moderate
MEDICAL BUILDING
$470,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$600k
Range $540k – $660k · ±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
$109 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$26,383
Tax year 2024
Assessed value
$1,633,670
Assessed 2024
Previous assessed
$1,633,250
+0.0% YoY
Effective rate
1.61%
On assessed value
Assessed land
$409,610
Assessed improvement
$1,224,060
Land market value
$409,610
Improvement market value
$1,224,060
Total market value
$1,633,670
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
1980
Heating
STEAM
Cooling
CENTRAL
Buildings
4
Rooms
38
Total area
5,512 SF
Lot
4.77 ac (207,781 SF)
APN
2113-0020-000
UPID
US82-2812376
Jurisdiction
BRAZORIA
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
$425,000
AUTO REPAIR, GARAGE
Est. value
$905,000
RESTAURANT
Est. value
$770,000
OFFICE BUILDING
Est. value
$640,000
RETAIL STORES
Est. value
$585,000
MEDICAL BUILDING
Est. value
$470,000
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
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
1980
Heating
STEAM
Cooling
Yes
Buildings
4
Rooms
38
Lot
4.77 ac
Current owner
From public records · entity-resolved
Apg Industrial Freeport LLC
Entity
Mailing address
3860 GS RICHARDS BLVD, CARSON CITY, NV 89703-8422
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2021
—
Apg Industrial Freeport LLC
—
Deed
related
$14,750,000 · Webster Bank
Jun 22, 2010
—
Maxim Crane Works LP
—
Deed Of Trust
related
$300,000,000 · Wells Fargo Bank
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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