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Property profile & analytics
OFF-MARKET
Gas stations
5820 Martin Luther King Blvd Houston, TX 77021-3613
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US82-2045271
Property profile
Verified
Property type
Gas stations
Use group
GAS STATION
Year built
2005
Construction
CONCRETE BLOCKS
Total area
4,290 SF
Lot
0.3 ac (13,199 SF)
APN
771030160456
UPID
US82-2045271
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
-
76 Gas Station
-
ATM (ATM Link, Inc.) Atm
-
Kings Car Audio Electronics & Wireless Store Auto Parts Store
-
Gas Station Gas Station
-
MLK C STORE Gas Station
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
Tri Mlk Realty LLC · 11 yrs held
Tri Mlk Realty LLC
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 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 2020Property tax & assessments
Tax year 2020
Tax billed
$8,323
Tax year 2020
Assessed value
$536,367
Assessed 2024
Previous assessed
$549,550
-2.4% YoY
Effective rate
1.55%
On assessed value
Assessed land
$198,000
Assessed improvement
$338,367
Land market value
$198,000
Improvement market value
$338,367
Total market value
$536,367
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
Gas stations
Use group
GAS STATION
Status
Off-Market
Year built
2005
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
4,290 SF
Lot
0.3 ac (13,199 SF)
APN
771030160456
UPID
US82-2045271
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
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Tri Mlk Realty LLC
Entity
Mailing address
5820 MARTIN LUTHER KING BLVD, HOUSTON, TX 77021-3613
Mailing matches property
Yes
Owner-occupied
Yes
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2020
—
Tri Mlk Realty LLC
—
Deed
related
$693,268 · American First Nat'l Bk
Jul 27, 2020
—
Tri Mlk Realty LLC
—
Deed
related
$625,000 · American First Nat'l Bk
Jun 10, 2015
—
Tri Mlk Realty LLC
Mlk Realty LLC
Quit Claim Deed
related
$825,000 · American First Nat'l Bk
Feb 25, 2011
—
Mlk Realty LLC
Roshaan Investment INC
Warranty Deed
$712,500 · Trustmark National Bank
Jun 14, 2006
—
Roshaan Investment INC
Castle Development & Construction I
Venders Lien
$600,000 · Wallis State Bank
Dec 16, 2005
—
Castle Dev & Construction INC
Ana INC
Warranty Deed
$465,500 · Jle Investors INC
May 6, 2005
—
Ana INC
King Stop INC
Warranty Deed
$493,000 · Sterling Bank
Aug 11, 2004
—
King Stop INC
Maxie,adell JR
Warranty Deed
related
—
Oct 25, 1996
—
Adell Maxie
Crosswell,h M
Grant Deed
related
—
—
—
Tri Mlk Realty LLC
—
Loan Modification
related
$625,000 · American First Nat'l Bk
—
—
Associated Mortgage Investors
—
Deed Of Trust
related
$418,950 · Laredo National Bank
—
—
Mlk Realty LLC
—
Deed Of Trust
related
$750,000 · American First Nat'l Bk
—
—
Tri Mlk Realty LLC
—
Loan Modification
related
$693,268 · American First Nat'l Bk
—
—
Roshaan Investment INC
—
Deed Of Trust
related
$125,800 · Karishma Realty LLC
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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