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Property profile & analytics
OFF-MARKET
Strip malls
5034 Luella Ave, Deer Park, TX 77536-6504
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-3623487
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1972
Construction
BRICK
Total area
14,304 SF
Lot
1.31 ac (57,068 SF)
APN
980220000012
UPID
US82-3623487
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
-
CornerStone FoodStore Grocery & Convenience Store
-
Bitcoin Depot - Bitcoin ATM Crypto Atm Atm
-
Western Union Bank Credit Union
-
Jake Food Mart Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Luella Retail LLC · 6 yrs held
Luella Retail LLC
since 2019
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 Deer Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Deer Park 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
—
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 2022Property tax & assessments
Tax year 2022
Tax billed
$7,413
Tax year 2022
Assessed value
$1,058,495
Assessed 2024
Previous assessed
$1,088,132
-2.7% YoY
Effective rate
0.70%
On assessed value
Assessed land
$256,806
Assessed improvement
$801,689
Land market value
$256,806
Improvement market value
$801,689
Total market value
$1,058,495
Applied tax rate
20.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1972
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
14,304 SF
Lot
1.31 ac (57,068 SF)
APN
980220000012
UPID
US82-3623487
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
1972
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
1.31 ac
Current owner
From public records · entity-resolved
Luella Retail LLC
Entity
Mailing address
16951 FEATHER CRAFT LN, HOUSTON, TX 77058-2694
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2019
—
Luella Retail LLC
—
Deed
related
$177,192 · Texas First Bk
Dec 2, 2019
—
Luella Retail LLC
—
Deed
related
$260,000 · Texas First Bk
Sep 3, 2019
—
Luella Retail LLC
—
Deed
related
$260,000 · Texas First Bk
Aug 10, 2016
—
Luella Retail LLC
—
Deed
related
$260,000 · Texas First Bk
—
—
Luella Retail LLC
—
Loan Modification
related
$260,000 · Texas First Bk
—
—
Luella Retail LLC
—
Loan Modification
related
$260,000 · Texas First Bk
—
—
Luella Retail LLC
—
Loan Modification
related
$177,192 · Texas First Bk
—
—
Luella Retail LLC
—
Deed Of Trust
related
$260,000 · Texas First 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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