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Property profile & analytics
OFF-MARKET
Estimated value
$2,640,000
Distribution centers
5515 Brittmoore Rd Houston, TX 77041-7113
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-3796069
Property summary
AI-generated overview
This exceptional Class A industrial property, located at 5515 Brittmoore Road in Houston, Texas, offers 123,358 square feet of net rentable space within a single, freestanding distribution warehouse building. Constructed in 2003, the building features 29 loading docks, 26 dock-high doors, and a 24-foot ceiling height. Situated on a 7.54-acre lot, the property includes approximately 22,300 square feet of covered outdoor storage and a paved, gated yard. The building boasts concrete tilt-wall construction and an existing two-story office buildout. Currently occupied by a credit-rated national tenant under a NNN lease expiring June 30, 2025, this presents a unique opportunity for sale or lease. The property enjoys a premier Northwest Houston location with excellent access via Brittmoore Road and Beltway 8. An assumable loan is in place. This offering provides a below-market lease rate and the potential for immediate occupancy upon lease expiration. The property is zoned for industrial use within Harris County, Texas, zip code 77041.
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2003
Construction
STEEL FRAME
Total area
45,234 SF
Lot
3.71 ac (161,451 SF)
APN
1164690000013
UPID
US82-3796069
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.65M
Blend (final)
Blend
$2.64M
Owner & transaction history
5515 Brittmoore Road LLC · 2 yrs held
5515 Brittmoore Road LLC
since 2024
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.1M
+75.8%
Auto repair, garage
$2.9M
+64.9%
Medical building
$2.9M
+64.7%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,755,000
Current use
RETAIL STORES
$3,080,000
Change: +76% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,890,000
Change: +65% · Conversion: Easy
MEDICAL BUILDING
$2,885,000
Change: +65% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,830,000
Change: +61% · Conversion: Difficult
Blend value · Realmo final
$2.64M
Range $2.38M – $2.90M · ±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
$58 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$58,487
Tax year 2023
Assessed value
$9,198,364
Assessed 2024
Previous assessed
$9,198,364
+0.0% YoY
Effective rate
0.64%
On assessed value
Assessed land
$968,706
Assessed improvement
$8,229,658
Land market value
$968,706
Improvement market value
$8,229,658
Total market value
$9,198,364
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2003
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Total area
45,234 SF
Lot
3.71 ac (161,451 SF)
APN
1164690000013
UPID
US82-3796069
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
WAREHOUSE, STORAGE Current
Est. value
$1.8M
RETAIL STORES
Est. value
$3.1M
AUTO REPAIR, GARAGE
Est. value
$2.9M
MEDICAL BUILDING
Est. value
$2.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.8M
WAREHOUSE, STORAGE Current
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
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
2003
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
3.71 ac
Current owner
From public records · entity-resolved
5515 Brittmoore Road LLC
Entity
Mailing address
919 CLIPPER LN, FOSTER CITY, CA 94404-2682
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 2025
—
Jfi 5515 Brittmoore LLC
—
Deed
related
$840,000 · Cadence Bank NA
Mar 28, 2024
—
5515 Brittmoore Road LLC
Baruh Investment Company
Venders Lien
$3,500,000 · Southern Farm Bureau Life Insurance
—
—
Baruh Investment Co
—
Deed Of Trust
related
$3,000,000 · Thrivent Fin'l/lutherans
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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