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Property profile & analytics
OFF-MARKET
Auto shops
5450 Gulfton St Houston, TX 77081-2804
Individually Owned
~
Est. High Equity
Property ID
US82-0535354
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1970
Construction
CONCRETE BLOCKS
Total area
6,748 SF
Lot
0.54 ac (23,627 SF)
APN
370540150055
UPID
US82-0535354
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
-
JCandL Logistics Trucking Company
-
Heritage Paint and Body Auto Repair Shop
-
Jc & L Delivery Moving Company
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
Majid Zahedi
Majid Zahedi
since 2025
6 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
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
$10,272
Tax year 2022
Assessed value
$518,041
Assessed 2024
Previous assessed
$509,821
+1.6% YoY
Effective rate
1.98%
On assessed value
Assessed land
$354,390
Assessed improvement
$163,651
Land market value
$354,390
Improvement market value
$163,651
Total market value
$518,041
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1970
Construction
CONCRETE BLOCKS
Heating
RADIANT
Cooling
NONE
Buildings
1
Stories
1
Total area
6,748 SF
Lot
0.54 ac (23,627 SF)
APN
370540150055
UPID
US82-0535354
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
1970
Construction
CONCRETE BLOCKS
Heating
RADIANT
Cooling
Yes
Stories
1
Buildings
1
Lot
0.54 ac
Current owner
From public records · entity-resolved
Majid Zahedi
Individual
Mailing address
PO BOX 3055, BELLAIRE, TX 77402-3055
Ownership since
2025
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
Nov 17, 2025
—
Majid Zahedi
Marisol Ponce Zahedi
Special Warranty Deed
$250,000 · Velocity Commercial Capital LLC
Jan 10, 2019
—
Majid Zahedi
—
Deed
related
$250,000 · Allen Almassi
—
—
Majid Zahedi
—
Deed Of Trust
related
$250,000 · Allen Almassi
—
—
Majid Zahedi
—
Deed Of Trust
related
$38,785 · Tax Rescue LP
—
—
Majid Zahedi
—
Deed Of Trust
related
$167,495 · Prosperity Bank
—
—
Majid Zahedi
—
Deed Of Trust
related
$280,000 · Prosperity 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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