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Property profile & analytics
OFF-MARKET
Estimated value
$1,100,000
Office buildings
711 20th St, Houston, TX 77008-4470
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-3485917
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2004
Construction
WOOD FRAME
Total area
10,121 SF
Lot
0.41 ac (17,921 SF)
APN
151650010001
UPID
US83-3485917
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
-
Carnrite Ventures Financial Advisor
-
Black Horse Health Crisis Center Medical Clinic
-
The Carnrite Group, LLC Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$950k
Blend (final)
Blend
$1.10M
Owner & transaction history
Highside Oil & Gas LLC · 7 yrs held
Highside Oil & Gas LLC
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.3M
+71.9%
Restaurant
$1.3M
+64.3%
Retail stores
$1.1M
+38.8%
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
OFFICE BUILDING
$770,000
Current use
AUTO REPAIR, GARAGE
$1,320,000
Change: +72% · Conversion: Difficult
RESTAURANT
$1,260,000
Change: +64% · Conversion: Moderate
RETAIL STORES
$1,065,000
Change: +39% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$745,000
Change: -3% · Conversion: Easy
WAREHOUSE, STORAGE
$725,000
Change: -6% · Conversion: Difficult
MEDICAL BUILDING
$710,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$1.10M
Range $990k – $1.21M · ±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
$109 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$63,958
Tax year 2022
Assessed value
$3,186,154
Assessed 2024
Previous assessed
$3,174,415
+0.4% YoY
Effective rate
2.01%
On assessed value
Assessed land
$1,612,890
Assessed improvement
$1,573,264
Land market value
$1,612,890
Improvement market value
$1,573,264
Total market value
$3,186,154
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2004
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
3
Total area
10,121 SF
Lot
0.41 ac (17,921 SF)
APN
151650010001
UPID
US83-3485917
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
OFFICE BUILDING Current
Est. value
$770,000
AUTO REPAIR, GARAGE
Est. value
$1.3M
RESTAURANT
Est. value
$1.3M
RETAIL STORES
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$745,000
WAREHOUSE, STORAGE
Est. value
$725,000
MEDICAL BUILDING
Est. value
$710,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RESTAURANT
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
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
2004
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
Highside Oil & Gas LLC
Entity
Mailing address
8301 E PRENTICE AVE STE #100, GREENWOOD VILLAGE, CO 80111-2904
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
23 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2019
—
Highside Oil & Gas LLC
Davis Hartless LLC
Grant Deed
$2,144,000 · Compass Bk
Mar 24, 2011
—
Davis Hartless LLC
Bersan Investments LLC
Warranty Deed
$1,065,300 · Bank Of Houston
Sep 24, 2008
—
Bercon Ltd INC
Leal,saul E & Rosa M
Warranty Deed
$400,000 · International Bank Of Commerce
Dec 14, 2007
—
Tristan Berlanga
Bercon Ltd
Warranty Deed
related
—
Mar 7, 2006
—
Bercon Ltd
Ho Ho Corp
Warranty Deed
$1,500,000 · International Bank Of Commerce
Dec 12, 2005
—
Bercon Ltd
Quan,kay H
Warranty Deed
$1,820,000 · International Bk/commerce
Dec 2, 2005
—
Bercon Ltd
Pickar,richard W
Warranty Deed
$132,000 · International Bank Of Commerce
—
—
Davis Hartless LLC
—
Deed Of Trust
related
$500,000 · Bank Of Houston
—
—
Bercon Ltd
—
Deed Of Trust
related
$526,500 · International Bank Of Commerce
—
—
Bersan Investments LLC
—
Deed Of Trust
related
$600,000 · International Bank Of Commerce
—
—
Bercon Ltd
—
Deed Of Trust
related
$1,173,000 · International Bank Of Commerce
—
—
Bercon Ltd
—
Deed Of Trust
related
$1,311,240 · International Bank Of Commerce
—
—
Davis Hartless LLC
—
Deed Of Trust
related
$7,027,538 · County Of Harris
—
—
Davis Hartless LLC
—
Deed Of Trust
related
$874,000 · North Texas Certified Dev Corp
—
—
Bercon Ltd
—
Deed Of Trust
related
$1,865,000 · International Bank Of Commerce
—
—
Davis Hartless LLC
—
Loan Modification
related
$500,000 · Bank Of Houston
—
—
Bersan Investments LLC
—
Deed Of Trust
related
$650,000 · International Bank Of Commerce
—
—
Bersan Investments LLC
—
Deed Of Trust
related
$600,000 · International Bank Of Commerce
—
—
Bercon Ltd
—
Deed Of Trust
related
$794,344 · International Bank Of Commerce
—
—
Bercon Ltd
—
Deed Of Trust
related
$1,240,000 · International Bank Of Commerce
—
—
Bercon Ltd
—
Deed Of Trust
related
$3,048,000 · International Bank Of Commerce
—
—
Davis Hartless LLC
—
Deed Of Trust
related
$500,000 · Bank Of Houston
—
—
Bercon Ltd
—
Deed Of Trust
related
$627,000 · International Bank Of Commerce
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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