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Property profile & analytics
OFF-MARKET
Strip malls
7030 Addicks Clodine Rd Houston, TX 77083-2352
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-2918901
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1984
Construction
STEEL FRAME
Total area
28,002 SF
Lot
1.41 ac (61,485 SF)
APN
1163980000001
UPID
US83-2918901
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
-
IDP COMMUNICATION LOGISTICS Post Office
-
Vigo Bank Credit Union
-
Pan Rico Restaurant
-
Cubides Insurance Insurance Agency
-
Station of Imagination Child Care LLC Daycare Center
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
Texas Hillcroft Ptshp LP · 8 yrs held
Texas Hillcroft Ptshp LP
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 2020Property tax & assessments
Tax year 2020
Tax billed
$12,890
Tax year 2020
Assessed value
$950,068
Assessed 2024
Previous assessed
$1,271,562
-25.3% YoY
Effective rate
1.36%
On assessed value
Assessed land
$276,683
Assessed improvement
$673,385
Land market value
$276,683
Improvement market value
$673,385
Total market value
$950,068
Applied tax rate
8.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1984
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
28,002 SF
Lot
1.41 ac (61,485 SF)
APN
1163980000001
UPID
US83-2918901
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
1984
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
1.41 ac
Current owner
From public records · entity-resolved
Texas Hillcroft Ptshp LP
Entity
Mailing address
11237 SWSW FWY #100, HOUSTON, TX 77031-3603
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Oct 30, 2019
—
Texas Hillcroft Ptshp LP
—
Deed
related
$1,233,819 · Trustmark Nat'l Bk
Oct 4, 2018
—
Texas Hillcroft Partners LP
—
Deed
related
$4,012,500 · Trustmark Nat'l Bk
Apr 2, 2018
—
Texas Hillcroft Ptshp LP
Krishkab LLC
Warranty Deed
$1,365,000 · Trustmark Nat'l Bk
Dec 6, 2007
—
Jd Songs Investments INC
Trieu,nghia
Grant Deed
$530,000 · Southwestern National Bank
Dec 28, 2006
—
Nghia Trieu
Yvp Corp
Grant Deed
$1,123,750 · Cathay Bank
Aug 19, 2004
—
Yvp Corp
Jva Investments LLC
Grant Deed
$955,000 · Sterling Bank
—
—
Texas Hillcroft Ptshp LP
—
Loan Modification
related
$1,233,819 · Trustmark Nat'l Bk
—
—
Jd Songs Investments INC
—
Deed Of Trust
related
$730,000 · Metrobank
—
—
Texas Hillcroft Partners LP
—
Deed Of Trust
related
$4,012,500 · Trustmark Nat'l 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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