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Property profile & analytics
FOR LEASE
Banks
6809 Fm 1960 Rd West Houston, TX 77066
Entity Owned
8-yr Hold
Free & Clear
Property ID
US82-3721756
For Lease
1 / 6
Contact for pricing
6809 Fm 1960 Rd West, Houston, TX 77066
View Listing →
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1999
Construction
STEEL FRAME
Total area
9,877 SF
Lot
1.16 ac (50,386 SF)
APN
1202670010001
UPID
US82-3721756
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
6809 Fm 1960 LLC · 8 yrs held
6809 Fm 1960 LLC
since 2018
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
$20,606
Tax year 2022
Assessed value
$2,558,744
Assessed 2024
Previous assessed
$2,670,210
-4.2% YoY
Effective rate
0.81%
On assessed value
Assessed land
$1,108,470
Assessed improvement
$1,450,274
Land market value
$1,108,470
Improvement market value
$1,450,274
Total market value
$2,558,744
Applied tax rate
4.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
For Lease
Year built
1999
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
9,877 SF
Lot
1.16 ac (50,386 SF)
APN
1202670010001
UPID
US82-3721756
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
1999
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
1.16 ac
Current owner
From public records · entity-resolved
6809 Fm 1960 LLC
Entity
Free & Clear · 8 yrs held
Mailing address
PO BOX 20448, HOUSTON, TX 77225-0448
Ownership since
2018
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
May 10, 2018
—
6809 Fm 1960 LLC
Wang Investments Networks INC
Warranty Deed
related
—
Feb 17, 2016
—
Wang Investments Networks INC
Mousa,chayn
Grant Deed
related
—
Mar 4, 2010
—
Chayn Mousa
—
Trustees Deed
related
$1,000,000 · Whitney National Bank
Mar 2, 2009
—
Chayn Mousa
—
Trustees Deed
related
$1,000,000 · Whitney National Bank
Jan 17, 2008
—
Chayn Mousa
—
Trustees Deed
related
$1,000,000 · Whitney National Bank
Jan 23, 2006
—
Chayn Mousa
—
Trustees Deed
related
$1,000,000 · Whitney National Bank
—
—
Mousa,chayn
—
Deed Of Trust
related
$1,000,000 · Whitney Bank
—
—
Chayn Mousa
—
Deed Of Trust
related
$1,000,000 · Compass Bank
—
—
Chayn Mousa
—
Deed Of Trust
related
$1,000,000 · Whitney National 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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