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Property profile & analytics
OFF-MARKET
Estimated value
$7,500,000
Distribution centers
5615 Fuqua St Houston, TX 77085-4078
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-9300708
Property summary
AI-generated overview
This Class A, 78,688-square-foot distribution warehouse is ideally situated in a 125-acre master-planned corporate park in Southwest Houston, offering unparalleled access to major transportation arteries. Located at 5615 W Fuqua Street, Building D, this single-tenant facility boasts a 30-foot clear height ceiling, providing ample vertical space for efficient operations. The building features 19 dock-high doors and 2 loading docks, complemented by a secure truck court and on-site trailer storage. With 315 total parking spaces, employee and visitor parking is readily available. The property includes an ESFR sprinkler system, ensuring optimal fire protection. Its strategic location provides easy access to all Houston submarkets via Beltway 8, Southwest Freeway, Fort Bend Tollway, and Highway 288. The column spacing is 51.5' x 50' with 60' speed bays. This exceptional property presents a rare opportunity for businesses seeking a modern, efficient, and strategically located distribution center in the thriving Southwest Houston market. A virtual tour is available online.
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2018
Total area
112,050 SF
Lot
27.94 ac (1,217,066 SF)
APN
1399380010001
UPID
US82-9300708
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
-
Van Beest USA Industrial Manufacturer Production Facility
-
TIREHUB LLC Distribution Center Logistics Company
-
Blue Line Foodservice/Little Caesars Pizza Distribution Center Distribution Center Logistics Company
-
RAM Windows & Doors Hardware & Home Improvement Interior Design
-
Saer Technologies (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.71M
Blend (final)
Blend
$7.50M
Owner & transaction history
Ta Blvd Oaks Phase I Land LLC · 6 yrs held
Ta Blvd Oaks Phase I Land LLC
since 2020
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$11.3M
+89.4%
Auto repair, garage
$10.5M
+74.9%
Retail stores
$8.3M
+38.2%
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
$5,980,000
Current use
RESTAURANT
$11,325,000
Change: +89% · Conversion: Difficult
AUTO REPAIR, GARAGE
$10,460,000
Change: +75% · Conversion: Easy
RETAIL STORES
$8,265,000
Change: +38% · Conversion: Moderate
OFFICE BUILDING
$7,795,000
Change: +30% · Conversion: Difficult
MEDICAL BUILDING
$7,150,000
Change: +20% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$7,005,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$7.50M
Range $6.75M – $8.25M · ±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
$67 / 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
$926,612
Tax year 2023
Assessed value
$46,998,413
Assessed 2024
Previous assessed
$46,998,413
+0.0% YoY
Effective rate
1.97%
On assessed value
Assessed land
$7,295,403
Assessed improvement
$39,703,010
Land market value
$7,295,403
Improvement market value
$39,703,010
Total market value
$46,998,413
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2018
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
4
Total area
112,050 SF
Lot
27.94 ac (1,217,066 SF)
APN
1399380010001
UPID
US82-9300708
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
$6.0M
RESTAURANT
Est. value
$11.3M
AUTO REPAIR, GARAGE
Est. value
$10.5M
RETAIL STORES
Est. value
$8.3M
OFFICE BUILDING
Est. value
$7.8M
MEDICAL BUILDING
Est. value
$7.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.0M
WAREHOUSE, STORAGE Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
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
2018
Heating
FORCED AIR
Cooling
Yes
Buildings
4
Lot
27.94 ac
Current owner
From public records · entity-resolved
Ta Blvd Oaks Phase I Land LLC
Entity
Mailing address
845 TEXAS ST STE #3400, HOUSTON, TX 77002-2858
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2020
—
Ta Blvd Oaks Phase I Land LLC
Ta Boulevard Oaks Phase I LLC
Quit Claim Deed
related
$24,250,000 · Miscellaneous Ins Co
Dec 17, 2019
—
Ta Boulevard Oaks Phase I LLC
Boulevard Oaks Phase I LLC
Quit Claim Deed
related
—
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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