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Property profile & analytics
OFF-MARKET
Estimated value
$3,005,000
Warehouses
6040 Westpark Dr Houston, TX 77057-7533
Entity Owned
25-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-4481174
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1992
Construction
METAL FRAME
Total area
35,557 SF
Lot
4.82 ac (210,029 SF)
APN
1154330000001
UPID
US82-4481174
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
-
Trailer Rental at U-Haul Car Rental Facility
-
GGE Computer Systems Inc Computer & Electronic Repair
-
Moving Supplies at U-Haul Big Box & Wholesale Store
-
Truck Rental at U-Haul Car Rental Facility
-
Truck Sales at U-Haul Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.99M
Blend (final)
Blend
$3.01M
Owner & transaction history
MINI STORAGE U-HAUL MOVING WESTPARK
MINI STORAGE U-HAUL MOVING WESTPARK
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.0M
+99.7%
Restaurant
$2.9M
+45.9%
Auto repair, garage
$2.8M
+42.2%
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
$1,995,000
Current use
COMMERCIAL (GENERAL)
$3,980,000
Change: +100% · Conversion: Difficult
RESTAURANT
$2,905,000
Change: +46% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,835,000
Change: +42% · Conversion: Easy
Blend value · Realmo final
$3.01M
Range $2.70M – $3.31M · ±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
$85 / 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
$258,558
Tax year 2023
Assessed value
$12,907,239
Assessed 2024
Previous assessed
$12,907,239
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$5,250,725
Assessed improvement
$7,656,514
Land market value
$5,250,725
Improvement market value
$7,656,514
Total market value
$12,907,239
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1992
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
8
Stories
1
Total area
35,557 SF
Lot
4.82 ac (210,029 SF)
APN
1154330000001
UPID
US82-4481174
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
$2.0M
COMMERCIAL (GENERAL)
Est. value
$4.0M
RESTAURANT
Est. value
$2.9M
AUTO REPAIR, GARAGE
Est. value
$2.8M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
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
1992
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
8
Lot
4.82 ac
Current owner
From public records · entity-resolved
MINI STORAGE U-HAUL MOVING WESTPARK
Individual
Mailing address
207 E CLARENDON AVE, PHOENIX, AZ 85012-2072
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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