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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Medical Office Space
5834 Louetta Rd Spring, TX 77379-7884
Individually Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-0999140
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2005
Construction
CONCRETE BLOCKS
Total area
14,320 SF
Lot
2.7 ac (117,525 SF)
APN
1264210010001
UPID
US82-0999140
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
-
Pediatric & Adolescent Clinic Medical Clinic Pediatrician
-
Chapman Christopher C MD Physician
-
Stephanie Pan Fong Pediatrician Medical Clinic
-
Pratap Agusala Physician
-
Master Green Carpet Cleaning Professionals Carpet Cleaning Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$345k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$713k
Blend (final)
Blend
$530k
Owner & transaction history
Thang Nguyen · 11 yrs held
Thang Nguyen
since 2015
3 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 Spring submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spring 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
$345,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$37 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$53,572
Tax year 2020
Assessed value
$2,567,978
Assessed 2024
Previous assessed
$2,693,390
-4.7% YoY
Effective rate
2.09%
On assessed value
Assessed land
$1,202,382
Assessed improvement
$1,365,596
Land market value
$1,202,382
Improvement market value
$1,365,596
Total market value
$2,567,978
Applied tax rate
17.0000
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
Off-Market
Year built
2005
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
NONE
Buildings
1
Stories
1
Total area
14,320 SF
Lot
2.7 ac (117,525 SF)
APN
1264210010001
UPID
US82-0999140
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
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
2.7 ac
Current owner
From public records · entity-resolved
Thang Nguyen
Individual
Free & Clear · 11 yrs held
Mailing address
9426 3RD STONE LN, TOMBALL, TX 77375-3393
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2015
—
Thang Nguyen
Serene Investments LLC
Grant Deed
related
—
Jun 14, 2011
—
Serene Investments LLC
R & D Keystone Dev Corp
Grant Deed
$1,200,000 · Bank Of Houston
Apr 27, 2009
—
R & D Keystone Dev Corp
Dinh,rick
Warranty 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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