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Property profile & analytics
OFF-MARKET
Gas stations
5611 Spencer Hwy Pasadena, TX 77505-2336
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-1126995
Property profile
Verified
Property type
Gas stations
Use group
GAS STATION
Year built
2018
Construction
METAL FRAME
Total area
4,962 SF
Lot
0.6 ac (26,201 SF)
APN
612060840001
UPID
US83-1126995
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
-
Phillips 66 Gas Station
-
QMart Grocery & Convenience Store
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
Nwp-p66 LP · 10 yrs held
Nwp-p66 LP
since 2015
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 Pasadena submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pasadena 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
$20,756
Tax year 2022
Assessed value
$1,753,689
Assessed 2024
Previous assessed
$1,825,858
-4.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$786,030
Assessed improvement
$967,659
Land market value
$786,030
Improvement market value
$967,659
Total market value
$1,753,689
Applied tax rate
21.0000
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
Gas stations
Use group
GAS STATION
Status
Off-Market
Year built
2018
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Total area
4,962 SF
Lot
0.6 ac (26,201 SF)
APN
612060840001
UPID
US83-1126995
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
2018
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
Yes
Buildings
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
Nwp-p66 LP
Entity
Free & Clear · 10 yrs held
Mailing address
17171 PARK ROW STE #295, HOUSTON, TX 77084-5640
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2016
—
Northwest Petroleum LP
—
Deed
related
$2,500,000 · Amegy Bk
Dec 9, 2015
—
Nwp-p66 LP
Morgan Southwest Land Co
Grant Deed
related
—
Aug 12, 2004
—
Morgan Land Co
Pirzada,mohammad M & Melissa
Warranty Deed
$486,000 · First Cmnty Bk
—
—
Morgan Southwest Land Co
—
Deed Of Trust
related
$2,000,000 · Cpate Family Investments LLC
—
—
Morgan Southwest Land Co
—
Deed Of Trust
related
$750,000 · Miscellaneous Ins Co
—
—
Morgan Southwest Land Co
—
Deed Of Trust
related
$900,000 · Chimney Jv
—
—
Northwest Petroleum LP
—
Deed Of Trust
related
—
—
—
Northwest Petroleum LP
—
Loan Modification
related
$2,500,000 · Char INC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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