Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Grocery and convenience stores
7200 Eldridge Pkwy Houston, TX 77083-3499
Entity Owned
6-yr Hold
Free & Clear
Property ID
US82-2470985
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2002
Construction
FRAME
Total area
6,210 SF
Lot
3.72 ac (162,161 SF)
APN
1165200000006
UPID
US82-2470985
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
-
LatinosMade Advertising Agency Marketing & Advertising
-
6th gear motion inc Car Dealership
-
Best Friend Cafe & Coffee Shop
-
Sonny Food Mart Grocery & Convenience Store
-
abysteel inc Metal Fabrication Plant Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$590k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$703k
Blend (final)
Blend
$645k
Owner & transaction history
Quyen Truong Co LLC · 6 yrs held
Quyen Truong Co LLC
since 2019
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$630,000
+363.3%
Commercial (general)
$540,000
+297.8%
Auto repair, garage
$475,000
+251.6%
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
$590,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$630,000
Change: +363% · Conversion: Difficult
COMMERCIAL (GENERAL)
$540,000
Change: +298% · Conversion: Easy
AUTO REPAIR, GARAGE
$475,000
Change: +252% · Conversion: Difficult
OFFICE BUILDING
$430,000
Change: +219% · Conversion: Moderate
MEDICAL BUILDING
$395,000
Change: +192% · Conversion: Difficult
Blend value · Realmo final
$645k
Range $581k – $710k · ±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
$104 / 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
$33,879
Tax year 2022
Assessed value
$4,693,044
Assessed 2024
Previous assessed
$4,753,854
-1.3% YoY
Effective rate
0.72%
On assessed value
Assessed land
$1,044,444
Assessed improvement
$3,648,600
Land market value
$1,044,444
Improvement market value
$3,648,600
Total market value
$4,693,044
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2002
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
4
Stories
1
Total area
6,210 SF
Lot
3.72 ac (162,161 SF)
APN
1165200000006
UPID
US82-2470985
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
RESTAURANT
Est. value
$630,000
COMMERCIAL (GENERAL)
Est. value
$540,000
AUTO REPAIR, GARAGE
Est. value
$475,000
OFFICE BUILDING
Est. value
$430,000
MEDICAL BUILDING
Est. value
$395,000
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
2002
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
4
Lot
3.72 ac
Current owner
From public records · entity-resolved
Quyen Truong Co LLC
Entity
Free & Clear · 6 yrs held
Mailing address
PO BOX 528, SUGAR LAND, TX 77487-0528
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 29, 2019
—
Quyen Truong Co LLC
Van Tran,son
Warranty Deed
related
—
May 25, 2010
—
Sonny Tran Co LLC
Sonny Tran Co LLC
Quit Claim Deed
related
—
—
—
Son Van Tran
—
Loan Modification
related
$1,145,567 · Metrobank
—
—
Quyen Truong Co LLC
—
Deed Of Trust
related
$3,200,000 · Veritex Cmnty Bk
—
—
Sonny Tran Co LLC
—
Deed Of Trust
related
$642,000 · Green Bk
—
—
Sonny Tran Co LLC
—
Deed Of Trust
related
$1,137,778 · Patriot 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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7200 Eldridge Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
