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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Warehouses
7427 Lamar Blvd Austin, TX 78752-2335
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US82-0520843
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1983
Construction
STEEL FRAME
Total area
11,585 SF
Lot
0.6 ac (26,267 SF)
APN
233100510
UPID
US82-0520843
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
-
Gabe Bramlette | Spyglass Realty Real Estate Agency
-
The Agency Texas Real Estate Agency
-
Shaun Duffenbach, Realtor Real Estate Agency
-
Gentil Salazar - Spyglass Realty Real Estate Agency
-
Irish Creek Vending Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$425k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$602k
Blend (final)
Blend
$515k
Owner & transaction history
Paradisa Homes LLC · 1 yrs held
Paradisa Homes LLC
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$815,000
+81.2%
Retail stores
$785,000
+74.1%
Office building
$670,000
+48.9%
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 Austin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Austin 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
$425,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$450,000
Current use
MEDICAL BUILDING
$815,000
Change: +81% · Conversion: Difficult
RETAIL STORES
$785,000
Change: +74% · Conversion: Moderate
OFFICE BUILDING
$670,000
Change: +49% · Conversion: Difficult
Blend value · Realmo final
$515k
Range $464k – $567k · ±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
$44 / 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
$59,119
Tax year 2022
Assessed value
$3,459,979
Assessed 2024
Previous assessed
$3,459,979
+0.0% YoY
Effective rate
1.71%
On assessed value
Assessed land
$1,838,550
Assessed improvement
$1,621,429
Land market value
$1,838,550
Improvement market value
$1,621,429
Total market value
$3,459,979
Applied tax rate
2.0000
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
1983
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
11,585 SF
Lot
0.6 ac (26,267 SF)
APN
233100510
UPID
US82-0520843
Jurisdiction
TRAVIS
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
$450,000
MEDICAL BUILDING
Est. value
$815,000
RETAIL STORES
Est. value
$785,000
OFFICE BUILDING
Est. value
$670,000
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
RETAIL STORES
OFFICE 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
1983
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
Paradisa Homes LLC
Entity
Mailing address
7427 N LAMAR BLVD STE #101, AUSTIN, TX 78752-2358
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 21, 2025
—
Paradisa Homes LLC
Mark Enno Van Gelder
Deed
$1,685,000 · Meg Financial LLC
Oct 8, 2024
—
Paradisa Homes LLC
Daniel J Loop
Deed
$1,905,000 · Meg Financial LLC
Aug 29, 2024
—
Paradisa Homes LLC
Lela Jane Falcon
Venders Lien
$1,295,000 · Meg Financial LLC
Jul 31, 2024
—
Paradisa Homes LLC
Welling Investments INC
Venders Lien
$1,705,000 · Meg Financial LLC
Jul 2, 2024
—
Paradisa Homes LLC
W James Hadden JR
Venders Lien
$1,915,000 · Meg Financial LLC
May 9, 2022
—
7427 N Lamar LLC
Paradisa Homes LLC
Venders Lien
$3,570,000 · Plainscapital Bank
Dec 13, 2021
—
Paradisa Homes LLC
Vantage Ideas Properties INC
Venders Lien
$3,570,000 · Meg Financial LLC
May 4, 2012
—
Vantage Ideas Properties INC
7427 North Lamar LLC
Warranty Deed
$2,230,000 · Encore Bank
Jan 9, 2007
—
7427 North Lamar LLC
Greenwood,john H
Grant Deed
$600,000 · First Lockhart National Bank
Jul 26, 2000
—
James L Cotton
—
Grant Deed
related
$100,000 · American Bank Of Commerce
May 4, 1998
—
John H Greenwood
Linebrink,michael G & Cheryl J
Grant Deed
$335,000 · American Bank Of Commerce
—
—
Vantage Ideas Properties INC
—
Deed Of Trust
related
$2,750,000 · Texas Cap Bk
—
—
7427 North Lamar LLC
—
Deed Of Trust
related
$673,000 · First Lockhart National Bank
—
—
Vantage Ideas Properties INC
—
Deed Of Trust
related
$375,000 · Texas Capital Bank NA
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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