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Property profile & analytics
FOR SALE
Warehouses
6134 Airline Dr Houston, TX 77076
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-0335175
For Sale
1 / 6
$2,935,000
6134 Airline Dr, Houston, TX 77076
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1980
Construction
METAL FRAME
Total area
28,000 SF
Lot
3 ac (130,645 SF)
APN
352540230024
UPID
US82-0335175
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
-
Peruvian Fashion Botanica Mayorista Big Box & Wholesale Store
-
Alcoholics Anonymous Social Service Agency Medical Clinic
-
R P Machine Work Industrial Manufacturer
-
American Institute of Martial Arts Training Center Sports School
-
West Carroll M DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.17M
Comparable Approach
Comparable
$2.70M
Blend (final)
Blend
$2.94M
Owner & transaction history
Kayvon Realty Management · 19 yrs held
Kayvon Realty Management
since 2006
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.3M
+73.6%
Auto repair, garage
$3.0M
+59.2%
Retail stores
$2.5M
+32.6%
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%
$3,435,000
6.5%
$3,170,000
7%
$2,945,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,870,000
Current use
RESTAURANT
$3,250,000
Change: +74% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,980,000
Change: +59% · Conversion: Easy
RETAIL STORES
$2,480,000
Change: +33% · Conversion: Moderate
OFFICE BUILDING
$1,950,000
Change: +4% · Conversion: Difficult
MEDICAL BUILDING
$1,785,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$2.94M
Range $2.64M – $3.23M · ±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
$105 / 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
$78,533
Tax year 2023
Assessed value
$4,030,675
Assessed 2024
Previous assessed
$4,030,675
+0.0% YoY
Effective rate
1.95%
On assessed value
Assessed land
$1,959,675
Assessed improvement
$2,071,000
Land market value
$1,959,675
Improvement market value
$2,071,000
Total market value
$4,030,675
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
WAREHOUSE, STORAGE
Status
For Sale
Year built
1980
Construction
METAL FRAME
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Total area
28,000 SF
Lot
3 ac (130,645 SF)
APN
352540230024
UPID
US82-0335175
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
$1.9M
RESTAURANT
Est. value
$3.3M
AUTO REPAIR, GARAGE
Est. value
$3.0M
RETAIL STORES
Est. value
$2.5M
OFFICE BUILDING
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$1.8M
WAREHOUSE, STORAGE Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
MEDICAL BUILDING
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
1980
Construction
METAL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
3 ac
Current owner
From public records · entity-resolved
Kayvon Realty Management
Entity
Mailing address
7575 PO BOX 22655TH ST STE #135, HOUSTON, TX 77227-2655
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2020
—
Kayvon Realty Management LP
—
Deed
related
—
Aug 1, 2006
—
Kayvon Realty Management
Castro,josue G & Sarai C
Warranty Deed
$1,300,000 · Capital One
Jan 15, 2004
—
Josue G Castro
Main,harry M
Grant Deed
$550,000 · Harry M Main
—
—
Kayvon Realty Management LP
—
Deed Of Trust
related
$1,455,000 · Texas Bk
—
—
Kayvon Realty Management LP
—
Deed Of Trust
related
$500,000 · Wells Fargo Bank
—
—
Kayvon Realty Management LP
—
Loan Modification
related
—
—
—
Kayvon Realty Management
—
Deed Of Trust
related
$1,217,379 · Wells Fargo Bank
—
—
Kayvon Realty Management LP
—
Loan Modification
related
$1,217,379 · Wells Fargo Bank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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