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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Bars & Pubs
5317 Washington Ave Houston, TX 77007-5201
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-5669944
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1962
Construction
METAL FRAME
Total area
5,845 SF
Lot
0.54 ac (23,714 SF)
APN
1330730020001
UPID
US82-5669944
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
-
Sidebar Bar & Pub
-
Todos Santos Bar & Pub
-
SideShow Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$495k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$782k
Blend (final)
Blend
$640k
Owner & transaction history
Urban Properties LLC · 6 yrs held
Urban Properties 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 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
Method
Estimation
Statistic approach
by Request
ML approach
$495,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$635,000
Current use
AUTO REPAIR, GARAGE
$545,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$640k
Range $576k – $704k · ±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 2022Property tax & assessments
Tax year 2022
Tax billed
$64,329
Tax year 2022
Assessed value
$3,333,784
Assessed 2024
Previous assessed
$3,192,790
+4.4% YoY
Effective rate
1.93%
On assessed value
Assessed land
$2,252,830
Assessed improvement
$1,080,954
Land market value
$2,252,830
Improvement market value
$1,080,954
Total market value
$3,333,784
Applied tax rate
1.0000
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1962
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Total area
5,845 SF
Lot
0.54 ac (23,714 SF)
APN
1330730020001
UPID
US82-5669944
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
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$635,000
AUTO REPAIR, GARAGE
Est. value
$545,000
RESTAURANT Current
AUTO REPAIR, GARAGE
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
1962
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
Yes
Buildings
2
Lot
0.54 ac
Current owner
From public records · entity-resolved
Urban Properties LLC
Entity
Mailing address
5023 PO BOX 540502ND AVE, HOUSTON, TX 77254-0502
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2019
—
Urban Properties LLC
Ur Properties I LP
Trustees Deed
$39,000,000 · Argentic R/e Fin LLC
Sep 16, 2011
—
Ur Properties I LP
—
Loan Modification
related
$2,299,077 · Integrity Bank
Sep 2, 2010
—
Ur Properties I LP
Evans,douglas
Warranty Deed
$2,340,684 · Integrity Bank
—
—
Ur Properties I LP
—
Deed Of Trust
related
$3,400,000 · Allegiance Bk
—
—
United Lumber & Supply INC
—
Loan Modification
related
$525,000 · II Cb LP
—
—
Ur Properties I LP
—
Loan Modification
related
$1,594,125 · Allegiance Bk
—
—
United Lumber & Supply INC
—
Deed Of Trust
related
$174,261 · Regions Bank
—
—
United Lumber & Supply INC
—
Deed Of Trust
related
$525,000 · II Cb LP
—
—
United Lumber & Supply INC
—
Loan Modification
related
$525,000 · II Cb LP
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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