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Property profile & analytics
OFF-MARKET
Estimated value
$270,000
Office buildings
518 Silverdale Dr Conroe, TX 77301-4566
Individually Owned
16-yr Hold
~
Est. High Equity
Property ID
US83-2461631
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1950
Construction
FRAME
Total area
1,164 SF
Lot
0.21 ac (9,148 SF)
Zoning code
1
APN
8060-00-01800
UPID
US83-2461631
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
-
Arteaga Multiservices Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$270k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$270k
Owner & transaction history
Javier Arteaga · 16 yrs held
Javier Arteaga
since 2009
6 recorded transactions
Zoning & alternative use
1 · Conroe, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Development Guide
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 Conroe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conroe 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
$270,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$270k
Range $243k – $297k · ±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
$232 / 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
$1,790
Tax year 2024
Assessed value
$93,400
Assessed 2024
Previous assessed
$93,400
+0.0% YoY
Effective rate
1.92%
On assessed value
Assessed land
$36,590
Assessed improvement
$56,810
Land market value
$36,590
Improvement market value
$56,810
Total market value
$93,400
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1950
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Bathrooms
1
Total area
1,164 SF
Lot
0.21 ac (9,148 SF)
Zoning code
1
APN
8060-00-01800
UPID
US83-2461631
Jurisdiction
MONTGOMERY
Zoning & alternative use
1 · Conroe, TXZoning 1 · permitted uses
1 · Conroe, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Development Guide
Building & site characteristics
From public records
Year built
1950
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Bathrooms
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Javier Arteaga
Individual
Mailing address
222 BYBEE DR, CONROE, TX 77301-2105
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2009
—
Javier Arteaga
Wigley,charles W & Delores F
Grant Deed
$71,988 · Charles W & Delores F Wigley
Oct 24, 2007
—
Charles W Wigley
Luis E Ortiz
Venders Lien
$82,875 · Wells Fargo Bank NA
May 12, 2003
$61,094
Asset Backed Securities Corp
Melendez,carlos R & Maria A
Trustees Deed
related
—
Jul 12, 2000
—
Carlos R Melendez
Admire,kevin K & Clarissa D
Grant Deed
$55,200 · Long Beach Mortgage Co
—
—
Luis E Ortiz
—
Deed Of Trust
related
$25,000 · First Bank Conroe NA
—
—
Luis E Ortiz
—
Deed Of Trust
related
$20,600 · First Bank Conroe NA
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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