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Property profile & analytics
OFF-MARKET
Estimated value
$1,000,000
Warehouses
7825 Katy Fwy Houston, TX 77024-2005
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-2928941
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1989
Construction
METAL FRAME
Total area
11,920 SF
Lot
1.67 ac (72,588 SF)
APN
450890010053
UPID
US83-2928941
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
-
CubeSmart Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$900k
Blend (final)
Blend
$1.00M
Owner & transaction history
Cubesmart LP · 14 yrs held
Cubesmart LP
since 2012
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.2M
+106.5%
Auto repair, garage
$1.1M
+90.6%
Medical building
$760,000
+30.4%
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
RESTAURANT
$1,205,000
Change: +106% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,110,000
Change: +91% · Conversion: Easy
MEDICAL BUILDING
$760,000
Change: +30% · Conversion: Difficult
COMMERCIAL (GENERAL)
$715,000
Change: +22% · Conversion: Difficult
Blend value · Realmo final
$1.00M
Range $900k – $1.10M · ±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
$84 / 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
$103,347
Tax year 2023
Assessed value
$9,647,769
Assessed 2024
Previous assessed
$9,647,769
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$3,302,920
Assessed improvement
$6,344,849
Land market value
$3,302,920
Improvement market value
$6,344,849
Total market value
$9,647,769
Applied tax rate
25.0000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1989
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
4
Stories
2
Total area
11,920 SF
Lot
1.67 ac (72,588 SF)
APN
450890010053
UPID
US83-2928941
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
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$760,000
COMMERCIAL (GENERAL)
Est. value
$715,000
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1989
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
4
Lot
1.67 ac
Current owner
From public records · entity-resolved
Cubesmart LP
Entity
Free & Clear · 14 yrs held
Mailing address
5 OLD LANCASTER RD, MALVERN, PA 19355-2132
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 13, 2012
—
Cubesmart LP
Dlm Management LLC
Grant Deed
related
—
Feb 8, 2011
—
Dlm Management LLC
Ks Storage LP
Grant Deed
related
—
Mar 26, 2008
—
Ks Storage
Katy Silber Investments INC
Grant Deed
related
—
Nov 16, 2005
—
Ks Storage
Gjr Master
Grant Deed
$3,500,000 · Citibank Texas NA
Aug 5, 2005
—
Gjr Master
Pm Partners III
Grant Deed
—
Jul 15, 2005
—
Pm Partners III
Pm Partners
Quit Claim Deed
related
—
Feb 14, 1997
—
Private Mini Storage Group LP
Gjr Realty Holdings INC
Grant Deed
related
—
—
—
Ks Storage
—
Deed Of Trust
related
$5,000,000 · Patriot 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.
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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