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Property profile & analytics
OFF-MARKET
Gas stations
7111 Martin Luther King Blvd Houston, TX 77033-2058
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-3623736
Property profile
Verified
Property type
Gas stations
Use group
GAS STATION
Year built
1978
Construction
CONCRETE BLOCKS
Total area
4,050 SF
Lot
0.44 ac (19,110 SF)
APN
761540500019
UPID
US82-3623736
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
-
King Food Mart Grocery & Convenience Store Food Market
-
Total By Verizon Mobile Phone Store Electronics & Wireless Store
-
Sunoco Gas Station
-
KINGS STORE Gas Station
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
Panthers Petroleum II LLC · 1 yrs held
Panthers Petroleum II LLC
since 2024
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
$12,830
Tax year 2022
Assessed value
$763,920
Assessed 2024
Previous assessed
$763,920
+0.0% YoY
Effective rate
1.68%
On assessed value
Assessed land
$210,210
Assessed improvement
$553,710
Land market value
$210,210
Improvement market value
$553,710
Total market value
$763,920
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
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
Gas stations
Use group
GAS STATION
Status
Off-Market
Year built
1978
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
4,050 SF
Lot
0.44 ac (19,110 SF)
APN
761540500019
UPID
US82-3623736
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
1978
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
0.44 ac
Current owner
From public records · entity-resolved
Panthers Petroleum II LLC
Entity
Mailing address
9642 HUFFMEISTER RD, HOUSTON, TX 77095-2895
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2024
—
Panthers Petroleum II LLC
Ns Retail Holdings LLC
Lease
—
Apr 23, 2020
—
Ibni Investments LLC
—
Deed
related
$1,761,036 · Independent Bk
Sep 7, 2017
—
Ibni Investments LLC
—
Deed
related
$950,000 · Integrity Bk Ssb
Feb 23, 2017
—
Ibni Investments LLC
—
Deed
related
$80,000 · Sovereign Bk
Oct 23, 2015
—
Ibni Investments LLC
Mjg Venture Properties LLC
Grant Deed
$615,000 · Sovereign Bk
Apr 24, 2013
—
Mjg Ventures Properties LLC
Sutaria Investments LLC
Warranty Deed
$555,000 · Prosperity Bank
Apr 28, 2009
—
Sutaria Investments LLC
Basit Ents INC
Warranty Deed
$475,000 · Allegiance Bank Texas
Dec 8, 2005
—
Basit Ents INC
Vnh INC
Warranty Deed
$427,500 · Vnh INC
Jan 17, 2002
—
V N H INC
American First Natl Bank
Grant Deed
$427,500 · American First National Bank
Jul 14, 1999
—
Wolaes INC
Kings Store INC
Grant Deed
$600,000 · American First National Bank
—
—
Basit Ents INC
—
Deed Of Trust
related
$356,818 · American First National Bank
—
—
Basit Ents INC
—
Deed Of Trust
related
$105,000 · American First National Bank
—
—
Sutaria Investments LLC
—
Deed Of Trust
related
$100,000 · Allegiance Bank Texas
—
—
Sutaria Investments LLC
—
Loan Modification
related
$100,000 · Allegiance Bank Texas
—
—
Ibni Investments LLC
—
Deed Of Trust
related
$80,000 · Sovereign Bk
—
—
Ibni Investments LLC
—
Deed Of Trust
related
$950,000 · Integrity Bk Ssb
—
—
Ibni Investments LLC
—
Deed Of Trust
related
$1,761,036 · Independent 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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