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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Grocery and convenience stores
700 Gulfway Dr Port Arthur, TX 77640-1636
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-5220767
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2010
Total area
3,612 SF
Lot
1.06 ac (46,174 SF)
APN
053450-000-005000-00000
UPID
US82-5220767
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
-
Valero Gas Station
-
ATM (ATM Link, Inc.) Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$395k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$583k
Blend (final)
Blend
$620k
Owner & transaction history
Realty Income Propertis 9 LLC · 4 yrs held
Realty Income Propertis 9 LLC
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$490,000
+23.2%
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 Port Arthur submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Arthur 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
$395,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$400,000
Current use
COMMERCIAL (GENERAL)
$490,000
Change: +23% · Conversion: Easy
Blend value · Realmo final
$620k
Range $558k – $682k · ±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
$172 / 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
$25,396
Tax year 2023
Assessed value
$869,402
Assessed 2023
Previous assessed
$869,402
+0.0% YoY
Effective rate
2.92%
On assessed value
Assessed land
$21,450
Assessed improvement
$847,952
Land market value
$21,450
Improvement market value
$847,952
Total market value
$869,402
Applied tax rate
109.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2010
Heating
NONE
Buildings
2
Stories
1
Total area
3,612 SF
Lot
1.06 ac (46,174 SF)
APN
053450-000-005000-00000
UPID
US82-5220767
Jurisdiction
JEFFERSON
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
RETAIL STORES Current
Est. value
$400,000
COMMERCIAL (GENERAL)
Est. value
$490,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
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
2010
Heating
NONE
Stories
1
Buildings
2
Lot
1.06 ac
Current owner
From public records · entity-resolved
Realty Income Propertis 9 LLC
Entity
Free & Clear · 4 yrs held
Mailing address
11995 EL CAMINO REAL, SAN DIEGO, CA 92130-2539
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2022
—
Realty Income Propertis 9 LLC
Ohk Global INC
Special Warranty Deed
—
Jul 1, 2020
—
Beyond Dev INC
—
Deed
related
$1,037,480 · Capital Bk
Jun 8, 2017
—
Beyond Dev INC
—
Deed
related
$1,389,663 · Capital Bk
Mar 6, 2017
—
Beyond Dev INC
—
Deed
related
$1,400,536 · Capital Bk
May 6, 2011
—
Beyond Dev INC
Alimo Investments INC
Warranty Deed
—
Aug 22, 2007
—
Alimo Investments INC
Kims Seafood INC
Warranty Deed
$100,000 · Pioneer Finance LLC
—
—
Beyond Dev INC
—
Loan Modification
related
$1,037,480 · Capital Bk
—
—
Beyond Dev INC
—
Loan Modification
related
$1,400,536 · Capital Bk
—
—
Beyond Dev INC
—
Loan Modification
related
$1,389,663 · Capital Bk
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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