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Property profile & analytics
OFF-MARKET
Estimated value
$4,625,000
Distribution centers
7250 43rd St Houston, TX 77092-5731
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-3718910
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1996
Construction
STEEL FRAME
Total area
126,988 SF
Lot
5.93 ac (258,224 SF)
APN
1148640000006
UPID
US83-3718910
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
-
Fommy.com Electronics & Wireless Store Mobile Phone Store
-
Amzer Electronics & Wireless Store Mobile Phone Store
-
RigQuip Inc Factory Production Facility
-
The Plastic Lab Pharmacy Industrial Manufacturer
-
Crate Warehouse Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.63M
Blend (final)
Blend
$4.63M
Owner & transaction history
Sls Urban Industrial LP · 6 yrs held
Sls Urban Industrial LP
since 2019
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$6.6M
+34.6%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,895,000
Current use
APARTMENT HOUSE (5+ UNITS)
$6,585,000
Change: +35% · Conversion: Difficult
Blend value · Realmo final
$4.63M
Range $4.16M – $5.09M · ±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
$36 / 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
$132,487
Tax year 2023
Assessed value
$11,543,000
Assessed 2024
Previous assessed
$11,543,000
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$1,371,774
Assessed improvement
$10,171,226
Land market value
$1,371,774
Improvement market value
$10,171,226
Total market value
$11,543,000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1996
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Buildings
1
Stories
1
Total area
126,988 SF
Lot
5.93 ac (258,224 SF)
APN
1148640000006
UPID
US83-3718910
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
WAREHOUSE, STORAGE Current
Est. value
$4.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.6M
WAREHOUSE, STORAGE Current
APARTMENT HOUSE (5+ UNITS)
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
1996
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
5.93 ac
Current owner
From public records · entity-resolved
Sls Urban Industrial LP
Entity
Mailing address
100 CRES CT STE #850, DALLAS, TX 75201-6904
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2025
—
8786 Wallisville Road Owner LLC
—
Deed
related
$10,470,000 · New York Life Insurance Company
Aug 4, 2025
—
8786 Wallisville Road Owner LLC
—
Deed
related
$27,685,000 · New York Life Insurance Company
Nov 15, 2019
—
Sls Urban Industrial LP
Beext Holdings LLC
Grant Deed
related
—
Dec 5, 2006
—
Northwest Warehouse LLC
Ch-northwest Place One Ltd
Quit Claim Deed
related
$4,256,000 · Us Century Bank
—
—
Ch-norhtwest Place One Ltd
—
Deed Of Trust
related
$2,400,000 · Woodmen Of The World Life Ins
—
—
Beext Holdings LLC
—
Deed Of Trust
related
$4,823,443 · Regions Bank
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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