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Property profile & analytics
OFF-MARKET
Estimated value
$8,510,000
Flex space
6120 Louetta Rd Spring, TX 77379-7406
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2127422
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1997
Construction
METAL FRAME
Total area
67,292 SF
Lot
5.7 ac (248,331 SF)
APN
1422370010001
UPID
US82-2127422
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
$8.88M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.51M
Owner & transaction history
Scholtes Investments LLC · 4 yrs held
Scholtes Investments LLC
since 2022
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 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
by Request
CAP Approach
CAP Return
Estimation
6%
$9,615,000
6.5%
$8,875,000
7%
$8,245,000
Blend value · Realmo final
$8.51M
Range $7.66M – $9.36M · ±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
$126 / 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
$86,065
Tax year 2023
Assessed value
$4,299,180
Assessed 2024
Previous assessed
$4,919,216
-12.6% YoY
Effective rate
2.00%
On assessed value
Assessed land
$1,137,033
Assessed improvement
$3,162,147
Land market value
$1,137,033
Improvement market value
$3,162,147
Total market value
$4,299,180
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1997
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
67,292 SF
Lot
5.7 ac (248,331 SF)
APN
1422370010001
UPID
US82-2127422
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
1997
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
5.7 ac
Current owner
From public records · entity-resolved
Scholtes Investments LLC
Entity
Mailing address
7600 NE 47TH AVE, VANCOUVER, WA 98661-1343
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 24, 2022
—
Scholtes Investments LLC
The Park Storage LLC
Venders Lien
$3,360,000 · Bank Of America NA
Feb 26, 2020
—
Park Storage LLC
Kristen M Kulasa
Grant Deed
$3,466,500 · Plains St Bk
Apr 17, 2019
—
Kristen M Kulasa
Sasaluk LLC
Warranty Deed
$2,024,176 · Veritex Cmnty Bk
Sep 5, 2018
—
Sasaluk LLC
—
Deed
related
$1,200,000 · Kristen M Kulasa
Jan 23, 2014
—
Sasaluk LLC
Moceanu 1996 Trust
Grant Deed
$1,880,000 · Green Bk
Nov 4, 1996
—
Moceanu Trust
Quang V Tran Trustee
Grant Deed
related
—
—
—
Moceanu 1996 Trust
—
Deed Of Trust
related
$676,687 · Woodforest National Bank
—
—
Moceanu Trust
—
Deed Of Trust
related
$72,000 · Southwest Bank Of Texas
—
—
Moceanu 1996 Trust
—
Loan Modification
related
$566,886 · Woodforest National Bank
—
—
Moceanu 1996 Trust
—
Deed Of Trust
related
$580,264 · Woodforest National Bank
—
—
Moceanu 1996 Trust
—
Deed Of Trust
related
$157,068 · Woodforest National Bank
—
—
Moceanu 1996 Trust
—
Loan Modification
related
$153,439 · Woodforest National Bank
—
—
Moceanu 1996 Trust
—
Deed Of Trust
related
$183,383 · Woodforest National Bank
—
—
Moceanu 1996 Trust
—
Deed Of Trust
related
$72,000 · Amegy Bank NA
—
—
Moceanu 1996 Trust
—
Deed Of Trust
related
$154,152 · Woodforest National Bank
—
—
Moceanu 1996 Trust
—
Deed Of Trust
related
$72,000 · Amegy Bank NA
—
—
Moceanu 1996 Trust
—
Deed Of Trust
related
$107,400 · Caldwell Watson R/e Group INC
—
—
Sasaluk LLC
—
Deed Of Trust
related
$1,200,000 · Kristen M Kulasa
—
—
Sasaluk LLC
—
Deed Of Trust
related
$57,960 · Texas Prop Tax Loans
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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