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Property profile & analytics
OFF-MARKET
Estimated value
$1,110,000
Flex space
6358 Pinemont Dr Houston, TX 77092-3206
Individually Owned
13-yr Hold
~
Est. High Equity
Property ID
US82-2644691
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2016
Construction
METAL FRAME
Total area
63,296 SF
Lot
3.51 ac (152,765 SF)
APN
983240000595
UPID
US82-2644691
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
-
Lindsey's Office Furniture Furniture & Home Goods
-
Phillip & Phillip's Asphalt Co General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.11M
Owner & transaction history
Lindseys Nw Office Furniture · 13 yrs held
Lindseys Nw Office Furniture
since 2012
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
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
INDUSTRIAL (GENERAL)
$1,495,000
Current use
Blend value · Realmo final
$1.11M
Range $999k – $1.22M · ±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
$18 / 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
$146,420
Tax year 2023
Assessed value
$7,456,229
Assessed 2024
Previous assessed
$7,456,229
+0.0% YoY
Effective rate
1.96%
On assessed value
Assessed land
$1,760,730
Assessed improvement
$5,695,499
Land market value
$1,760,730
Improvement market value
$5,695,499
Total market value
$7,456,229
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2016
Construction
METAL FRAME
Heating
RADIANT
Cooling
NONE
Buildings
4
Stories
1
Total area
63,296 SF
Lot
3.51 ac (152,765 SF)
APN
983240000595
UPID
US82-2644691
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
INDUSTRIAL (GENERAL) Current
Est. value
$1.5M
INDUSTRIAL (GENERAL) Current
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
2016
Construction
METAL FRAME
Heating
RADIANT
Cooling
Yes
Stories
1
Buildings
4
Lot
3.51 ac
Current owner
From public records · entity-resolved
Lindseys Nw Office Furniture
Individual
Mailing address
6358 PINEMONT DR, HOUSTON, TX 77092-3206
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
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
Apr 18, 2024
—
Pinemont 6358 LLC
—
Deed
related
$6,375,000 · First Citizens Bank & Trust Co
Dec 28, 2015
—
Lindseys Northwest Office Fur
—
Trustees Deed
related
$2,674,000 · Wells Fargo Bk
Aug 31, 2012
—
Lindseys Nw Office Furniture
Bank Of The West
Grant Deed
$920,000 · Wells Fargo Bank
Feb 7, 2012
$866,223
Bank Of The West
Elder,david S
Trustees Deed
related
—
—
—
Triple O Ents Ltd
—
Deed Of Trust
related
$418,000 · Sterling Bank
—
—
Triple O Ents Ltd
—
Deed Of Trust
related
$418,000 · Houston-galveston Area Local D
—
—
Triple O Ents Ltd
—
Deed Of Trust
related
$85,250 · Sterling Bank
—
—
Triple O Ents Ltd
—
Deed Of Trust
related
$504,818 · Sterling Bank
—
—
Triple O Ents Ltd
—
Deed Of Trust
related
$170,758 · Resolution Finance LLC
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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