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Property profile & analytics
OFF-MARKET
Turn key restaurants
612 Archer St Houston, TX 77009-4605
Individually Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-3730475
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1972
Construction
CONCRETE BLOCKS
Total area
1,551 SF
Lot
0.11 ac (5,001 SF)
APN
331160660001
UPID
US83-3730475
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
-
chef reggie Take-out & Catering Catering Service
-
Lemond Kitchen Take-out & Catering Catering Service
-
Lemond Foundation Charitable Organization
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
Reginald L Martin JR. · 14 yrs held
Reginald L Martin JR.
since 2011
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 2022Property tax & assessments
Tax year 2022
Tax billed
$7,473
Tax year 2022
Assessed value
$398,492
Assessed 2024
Previous assessed
$370,888
+7.4% YoY
Effective rate
1.88%
On assessed value
Assessed land
$300,000
Assessed improvement
$98,492
Land market value
$300,000
Improvement market value
$98,492
Total market value
$398,492
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1972
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
1,551 SF
Lot
0.11 ac (5,001 SF)
APN
331160660001
UPID
US83-3730475
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
1972
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Reginald L Martin JR.
Individual
Mailing address
2403 BEACON POINTE, PEARLAND, TX 77584-8195
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 22, 2024
—
Reginald Lynn Martin JR
—
Deed
related
$212,500 · United States Small Business Admin
Apr 30, 2020
—
Reginald L Martin JR.
—
Deed
related
$329,600 · Texas Dow Emp Cu
Nov 11, 2011
—
Reginald L Martin JR.
Swe Casas LLC
Grant Deed
$115,000 · Swe Casas LLC
Oct 29, 2010
—
Swe Casas LLC
Bayview Ln Svcg LLC
Grant Deed
—
Apr 13, 2010
$30,000
Bayview Ln Svcg LLC
Dasigenis Sandy
Trustees Deed
related
—
Sep 30, 2004
—
Harrington,patrick D
Jimenez,jose L
Warranty Deed
$84,500 · Interbay Fndg
Jan 29, 2002
—
Jose L Jimenez
Hi-alloy Products INC
Grant Deed
related
—
—
—
Reginald L Martin JR
—
Deed Of Trust
related
$225,000 · Liftfund
—
—
Reginald L Martin JR.
—
Deed Of Trust
related
$329,600 · Texas Dow Emp Cu
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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