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Property profile & analytics
OFF-MARKET
Medical Office Space
7523 Russell St, Manvel, TX 77578-4809
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US82-2532413
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2021
Total area
3,400 SF
Lot
0.83 ac (35,981 SF)
APN
6398-0047-000
UPID
US82-2532413
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
-
FMS Surveying, Inc. Surveyor
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
Manvel Design LLC · 4 yrs held
Manvel Design LLC
since 2021
6 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 Manvel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manvel 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 2018Property tax & assessments
Tax year 2018
Tax billed
$2,474
Tax year 2018
Assessed value
$475,680
Assessed 2023
Previous assessed
$225,000
+111.4% YoY
Effective rate
0.52%
On assessed value
Assessed land
$157,860
Assessed improvement
$317,820
Land market value
$157,860
Improvement market value
$317,820
Total market value
$475,680
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2021
Heating
STEAM
Cooling
CENTRAL
Stories
2
Rooms
8
Bathrooms
2
Total area
3,400 SF
Lot
0.83 ac (35,981 SF)
APN
6398-0047-000
UPID
US82-2532413
Jurisdiction
BRAZORIA
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
2021
Heating
STEAM
Cooling
Yes
Stories
2
Rooms
8
Bathrooms
2
Lot
0.83 ac
Current owner
From public records · entity-resolved
Manvel Design LLC
Entity
Mailing address
7523 RUSSELL ST, MANVEL, TX 77578-4809
Ownership since
2021
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
Jun 29, 2021
—
Manvel Design LLC
Tegula LLC
Venders Lien
$688,000 · Frost Bank
Jun 22, 2018
—
Tegula LLC
Janecek,stephen C
Warranty Deed
$43,595 · Stephen C Janecek
Oct 3, 2012
—
Stephen C Janecek
—
Trustees Deed
related
$18,000 · First National Bank Alvin
—
—
Janecek,stephen C
—
Deed Of Trust
related
$49,399 · First National Bank Alvin
—
—
Stephen C Janecek
—
Deed Of Trust
related
$18,000 · First National Bank Alvin
—
—
Stephen C Janecek
—
Deed Of Trust
related
$18,000 · First National Bank Alvin
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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