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Property profile & analytics
OFF-MARKET
Estimated value
$1,170,000
Warehouses
7240 Brittmoore Rd, Houston, TX 77041-3223
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2719558
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1984
Construction
STEEL FRAME
Total area
65,502 SF
Lot
8.38 ac (365,229 SF)
APN
1159040010001
UPID
US82-2719558
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
-
Applied Industrial Technologies Factory Industrial Manufacturer
-
Houston Digital Instruments Electronics & Wireless Store
-
Evosite Control Rooms Industrial Manufacturer Production Facility
-
Petrotech Factory Production Facility
-
Offshore Source Publishing House
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.17M
Owner & transaction history
Youree Plaza LLC · 10 yrs held
Youree Plaza LLC
since 2016
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
$18 / 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
$50,584
Tax year 2023
Assessed value
$4,232,022
Assessed 2024
Previous assessed
$4,232,022
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$1,095,687
Assessed improvement
$3,136,335
Land market value
$1,095,687
Improvement market value
$3,136,335
Total market value
$4,232,022
Applied tax rate
4.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1984
Construction
STEEL FRAME
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
65,502 SF
Lot
8.38 ac (365,229 SF)
APN
1159040010001
UPID
US82-2719558
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
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
8.38 ac
Current owner
From public records · entity-resolved
Youree Plaza LLC
Entity
Mailing address
575 5TH AVE FL, NEW YORK, NY 10017-2422
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2020
—
G & L X Industrial Houston LP
—
Deed
related
$684,600,000 · Bank Of America
Jan 18, 2017
—
Sealy Brittmoore II LLC
—
Deed
related
$2,850,000 · Miscellaneous Ins Co
Feb 12, 2016
—
Youree Plaza LLC
Eastgroup Props LP
Trustees Deed
$240,000,000 · Keybank USA
—
—
Sealy Brittmoore I LLC
—
Loan Modification
related
$240,000,000 · Keybank USA
—
—
Sealy Brittmoore I LLC
—
Loan Modification
related
$480,000,000 · Keybank USA
—
—
G & L X Industrial Houston LP
—
Deed Of Trust
related
$684,600,000 · Bank Of America
—
—
Sealy Brittmoore II LLC
—
Deed Of Trust
related
$2,850,000 · Miscellaneous Ins Co
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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