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Property profile & analytics
FOR SALE
Flex space
612 Us Hwy 77 Byp S, Robstown, TX 78380
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-2800442
For Sale
1 / 19
$325,000
612 Us Hwy 77 Byp S, Robstown, TX 78380
View Listing →
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1982
Total area
2,000 SF
Lot
0.69 ac (30,013 SF)
Zoning code
B-2
APN
7521-0007-0020
UPID
US82-2800442
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
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
Wps Holdings LLC · 2 yrs held
Wps Holdings LLC
since 2023
5 recorded transactions
Zoning & alternative use
B-2 · Robstown, TX
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 Robstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Robstown 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 2023Property tax & assessments
Tax year 2023
Tax billed
$4,364
Tax year 2023
Assessed value
$166,164
Assessed 2024
Previous assessed
$166,164
+0.0% YoY
Effective rate
2.63%
On assessed value
Assessed land
$120,000
Assessed improvement
$46,164
Land market value
$120,000
Improvement market value
$46,164
Total market value
$166,164
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
For Sale
Year built
1982
Heating
NONE
Total area
2,000 SF
Lot
0.69 ac (30,013 SF)
Zoning code
B-2
APN
7521-0007-0020
UPID
US82-2800442
Jurisdiction
NUECES
Zoning & alternative use
B-2 · Robstown, TX
Zoning B-2 · permitted uses
B-2 · Robstown, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Robstown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Heating
NONE
Lot
0.69 ac
Current owner
From public records · entity-resolved
Wps Holdings LLC
Entity
Free & Clear · 2 yrs held
Mailing address
4102 S EXPY 83, HARLINGEN, TX 78552-8719
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2023
—
Wps Holdings LLC
Royce Felder
Warranty Deed
—
Jan 11, 2018
—
Royce Felder
Williams Steven T
Warranty Deed
$130,000 · Kleberg Bk NA
Sep 28, 2004
—
Williams Harvesting
Fulton,jack E
Warranty Deed
$57,500 · Jack E Fulton
Sep 30, 2003
—
Jack E Fulton
Portland U-rent-it INC
Grant Deed
$48,750 · Wells Fargo Bank Texas NA
Apr 19, 2002
—
Portland U-rent-it INC
Robstown Properties
Grant Deed
$48,750 · Wells Fargo Bank Texas NA
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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