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Property profile & analytics
FOR LEASE
Medical Office Space
5751 Blythewood St Houston, TX 77021
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-0273627
For Lease
1 / 3
$645,000
5751 Blythewood St, Houston, TX 77021
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2005
Construction
STEEL FRAME
Total area
17,022 SF
Lot
2.09 ac (90,953 SF)
APN
1003530000002
UPID
US82-0273627
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
-
HOLISTIC PSYCHIATRY Physician
-
Cleaning Services Hardware & Home Improvement
-
Houston Plumbers 247 Plumbing Service General Contractor
-
Bank OZK Bank Loan Service
-
Success On The Spectrum Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$455k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$829k
Blend (final)
Blend
$645k
Owner & transaction history
Apb LLC · 6 yrs held
Apb LLC
since 2020
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
$455,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$645k
Range $581k – $710k · ±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
$38 / 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
$56,964
Tax year 2022
Assessed value
$2,823,142
Assessed 2024
Previous assessed
$2,827,263
-0.1% YoY
Effective rate
2.02%
On assessed value
Assessed land
$1,637,154
Assessed improvement
$1,185,988
Land market value
$1,637,154
Improvement market value
$1,185,988
Total market value
$2,823,142
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
2005
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
17,022 SF
Lot
2.09 ac (90,953 SF)
APN
1003530000002
UPID
US82-0273627
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
2005
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
2.09 ac
Current owner
From public records · entity-resolved
Apb LLC
Entity
Mailing address
974 CAMPBELL RD STE #204, HOUSTON, TX 77024-2809
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2020
—
Apb LLC
Ost Pp Ltd
Grant Deed
$1,950,000 · Truist Bk
Nov 7, 2017
—
5751 Blythewood Street Trust
Rio Holdings LLC Series C
Warranty Deed
related
—
Jun 1, 2017
—
Ost Pp Ltd
—
Deed
related
$2,282,389 · Community Bk/tx
May 22, 2017
—
Rio Holdings LLC Series C
Ost Pp Ltd
Grant Deed
related
—
Feb 14, 2005
—
Ost Pp Ltd
Omnibank NA
Special Warranty Deed
$2,325,000 · Horizon Capital Bank
—
—
Ost Pp Ltd
—
Deed Of Trust
related
$2,737,093 · Vista Bank
—
—
Ost Pp Ltd
—
Loan Modification
related
$2,282,389 · Community Bk/tx
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
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