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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Office buildings
5450 Central Dr, Houston, TX 77092-2017
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US82-0225558
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
54,786 SF
Lot
3.04 ac (132,292 SF)
APN
1145720000007
UPID
US82-0225558
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
-
J. L. TREVINO & ASSOCIATES General Contractor
-
Universal American- TexanPlus Insurance Agency
-
The Justice Law Firm Law Firm
-
Network IT Support & Managed Services Houston Tech Support Center IT Consulting Firm
-
Synergetic Communications Accounting Firm Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$500k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.00M
Blend (final)
Blend
$750k
Owner & transaction history
San Niko Properties LLC · 7 yrs held
San Niko Properties LLC
since 2018
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
$500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$750k
Range $675k – $825k · ±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
$14 / 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
$34,630
Tax year 2022
Assessed value
$3,293,340
Assessed 2024
Previous assessed
$2,662,057
+23.7% YoY
Effective rate
1.05%
On assessed value
Assessed land
$1,984,365
Assessed improvement
$1,308,975
Land market value
$1,984,365
Improvement market value
$1,308,975
Total market value
$3,293,340
Applied tax rate
4.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
3
Total area
54,786 SF
Lot
3.04 ac (132,292 SF)
APN
1145720000007
UPID
US82-0225558
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
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
2
Lot
3.04 ac
Current owner
From public records · entity-resolved
San Niko Properties LLC
Entity
Mailing address
5450 NW CENTRAL DR STE #130, HOUSTON, TX 77092-2062
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2018
—
San Niko Properties LLC
Plaza At 5450 Nw Central LLC
Warranty Deed
$2,600,000 · Grand Coast Capital Fund I LLC
Jan 11, 2016
—
Plaza At 5450 Nw Central LLC
5450 Northwest Ctrl Drive Hold
Quit Claim Deed
related
—
Oct 30, 2015
—
5450 Northwest Ctrl Drive Hold
Smith,steven R|asr 5450 Nw LP
Trustees Deed
related
—
Oct 29, 2003
—
Meadow Wood Village Ltd
5450 Nwf LP
Grant Deed
related
—
—
—
San Niko Properties LLC
—
Deed Of Trust
related
$2,650,000 · Branch Bk&tr
—
—
Plaza At 5450 Nw Central LLC
—
Deed Of Trust
related
$1,344,000 · Texan Bk
—
—
Asr 5450 Nw
—
Deed Of Trust
related
$2,800,000 · Gmac Commercial Mortgage 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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